Corporate

The lawyers in charge of corporate of V-LEAD possess deep knowledge of corporate law and legal business provisions of Vietnam and corporate operation, which enable them to provide professional advice with alternative solutions to Clients on legal and corporate forms and structures, conditions and procedures for establishment and its operation.

While providing comprehensive corporate consulting services, we are prepared to effectively cooperate with professional advisors, particularly auditors, tax advisors and any other counsel or in-house lawyers with whom client may designate, to ensure the final delivery.

Corporate Governance

Concerns about corporate governance are front and core in the minds of board members, executives, shareholders and investors. Our corporate lawyers assist both public and private businesses to formulate and implement practices and procedures to help ensure that governance crises to be proactively controlled and managed. V-LEAD’s lawyers have strong experiences in advising Clients when crises need to be managed properly with the very well orientations.

V-LEAD advises boards of directors and management about regulatory corporate governance issues, their responsibilities and management compliance and similar matters, enterprise structure, internal system of power of attorney and delegation, conflict of interest and other corporate governance requirements.

Merger & Acquisition

Lawyers of V-LEAD have advised local and foreign companies to materialize high value M&A deals. V-LEAD represents Clients in transaction acquisitions and divestitures of both State-owned and privately held companies.

V-LEAD focuses on strategies to optimize value and position of its Clients as favorably as possible in mergers deal well in advanced. Our corporate lawyers guide and lead Clients to close the deal in due time maner and ensure long-term business goals to be achieved.

Corporate Compliance

V-LEAD advises conglomerate, corporations, partnerships and sole proprietorships on developing and implementing an internal regulations system that foster business operation in the most efficiency regulatory corridor, and gives priority to defend any legal claims that may arise

News & Legal Update

V-LEAD NEWSLETTER 03/2017

This newsletter offers an overview in brief of noticeable regulation updates on March regarding to issues for commercial mediation, traders importing automobile from 9 seaters or below, administrative procedures of House and Land Certificates and business on horse, greyhound racing and international soccer betting

> > > > > View the file http://9.img.izshop.vn/n18/files/NEWSLETTER-March2017.pdf

V-LEAD HAS BEEN PERFORMED

Ho Chi Minh City is set to begin implementing two projects worth over VND21 trillion (US$944.7 million) for flood control and sewage management in the near future.

The projects for tidal flood control, with investment being nearly VND10 trillion ($449.8 million), and a drainage system, costing over VND11.1 trillion ($500 million), are intended to improve the environment and boost tourism as well as economic growth in the southern hub upon completion.

According to the Investment Management Authority for the Ho Chi Minh City Environmental Sanitation Project, a new pipeline system is scheduled to be built in October. A sewage pipe, 3.2 meters in diameter and eight kilometers in length, will connect the southern section of the Saigon River with the Nhieu Loc-Thi Nghe Wastewater Treatment Plant in District 2.

Vuong Hai Long, director of the management authority, stated that the new drainage system will carry sewage released from households along the Nhieu Loc-Thi Nghe Canal section in District 5 and from residential areas in District 2 to the factory, instead of pumping it into the Saigon River. The treatment plant will be constructed in Thanh My Loi Ward on an estimated area of 38.4 hectares, with a capacity of 480,000 cubic meters per day, which is the highest nationwide, Long said. After its completion in 2020, wastewater will be purified before being released into the city’s rivers.

The project received a total capital of $524 million, of which $450 million was provided by the World Bank while the rest came from the state coffers, the director added.A similar plan has already been executed, with VND8.6 trillion ($386.9 million) in investment capital. The two projects are expected to improve the local environment and the livelihoods of over two million residents in District 1, District 2, District 3, District 10, Phu Nhuan District, Tan Binh District, Binh Thanh District, and Go Vap District.

Flood-free life for 6.5 million citizens.

Construction of many components of the tidal flood control project has been initiated, intended to eliminate inundation in 19 out of 24 districts in the city. Dams will be built along a 7.8 kilometer section of the Saigon River bank and more conduits will be constructed to better regulate floodwater. Two pumping stations, whose capacities are 12 and 24 cubic meters per second, are also set to be constructed in areas vulnerable to rising tide.

According to Nguyen Tan Tien, director of Trung Nam Corporation, developer of the project, recent downpours and high tide have posed challenges to the city’s drainage system and seriously impacted local residents.

“This flood control project will deal with inundation caused by rising tide,” Tien asserted.

The scheme, upon completion, will prevent flooding within an area of 570 square kilometers, home to 6.5 million citizens, said an official of the municipal People’s Committee.It will also help boost the city’s economy and competitiveness and thus attract more investment from domestic and foreign businesses, the official continued.

Source: http://tuoitrenews.vn/society/37253/ho-chi-minh-city-spends-over-940mn-on-flood-sewage-management

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