Once a contract is made legally, contracting parties shall implement and such contract is respected by third parties. As stated in Civil Code 2015 (“CC”): “Each commitment or agreement that does not violate regulations of law and is not contrary to social ethics shall be bound by contracting parties and must be respected by other entities”. However, in the implementation process, the contract can be amended, which means, rights and obligation of parties can be amended accordingly.
𝟏𝟎 𝐥𝐞𝐬𝐬𝐨𝐧𝐬 𝐥𝐞𝐚𝐫𝐧𝐞𝐝 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐛𝐨𝐨𝐤
"𝐁𝐞𝐥𝐢𝐞𝐯𝐞 𝐈𝐭 𝐭𝐨 𝐀𝐜𝐡𝐢𝐞𝐯𝐞 𝐈𝐭" by Brian Tracy and Christina Stein is a motivational book that focuses on the power of mindset and belief in achieving goals. Some key lessons from the book include:
1.The Power of Belief:
_______
The book emphasizes that your beliefs shape your actions and outcomes. Having a strong belief in your abilities and your goals can drive you towards success.
2.Positive Self-Talk:
_____
The authors stress the importance of using positive affirmations and self-talk to overcome self-doubt and build self-confidence.
3. Visualization:
____
The book encourages readers to visualize their goals and desired outcomes. Visualizing success can help in creating a clear mental image of what you want to achieve.
4. Setting Clear Goals:
___
Setting specific, measurable, achievable, relevant, and time-bound (SMART) goals is essential for focused progress and achievement.
5. Perseverance:
______
The book highlights the need to stay persistent in the face of challenges and setbacks. Believing in your goals and maintaining determination can help you push through difficulties.
6. Taking Action:
_____
Belief alone isn't enough; taking consistent action towards your goals is crucial. The book emphasizes the importance of continuous effort.
7. Surrounding Yourself with Positivity:
_____
Surrounding yourself with supportive and positive influences can help reinforce your beliefs and motivate you to achieve your goals.
8. Mindset Shift:
__
The book advocates for shifting from a fixed mindset to a growth mindset, where you believe that your abilities and intelligence can be developed through dedication and hard work.
9. Overcoming Fear:
______
The authors discuss strategies for overcoming fear and doubt, which often hinder progress. Cultivating courage and facing challenges head-on is essential.
10. Learning and Adaptation:
____
Embracing a mindset of learning from failures and adapting your approach can lead to continuous improvement and eventual success.
Thanks for reading.
@tongsa guy
Book:- https://amzn.to/3rbSM2F..
Lecture Note
8 lessons from the book "Emotional Equations"
by Chip Conley:
1. "Joy = Love - Fear" - This equation suggests that joy is the result of feeling loved without fear. When we feel loved and secure, we are able to experience joy.
2. "Despair = Suffering - Meaning" - This equation suggests that despair arises when we are suffering but cannot find any meaning in our suffering. Finding purpose and meaning can help us move out of despair.
3. "Anxiety = Uncertainty x Powerlessness" - This equation suggests that anxiety arises when we feel uncertain about a situation and powerless to control it. Recognizing and addressing our feelings of powerlessness can help reduce anxiety.
4. "Disappointment = Expectations - Reality" - This equation suggests that disappointment arises when our expectations do not match up with reality. Adjusting our expectations or finding ways to change our reality can help reduce disappointment.
5. "Envy = Despair + Resignation" - This equation suggests that envy arises when we feel both despair and resignation about our own situation, while simultaneously coveting what others have. Practicing gratitude and finding ways to improve our own situation can help reduce envy.
6. "Authenticity = Self-Awareness x Courage" - This equation suggests that authenticity arises when we are both self-aware and courageous enough to express our true selves. Developing self-awareness and cultivating courage can help us live more authentically.
7. "Happiness = Wanting What You Have / Having What You Want" - This equation suggests that happiness arises when we either want what we already have or have what we want. Cultivating gratitude and finding ways to attain our desires can help increase happiness.
8. "Hope = Belief / Doubt" - This equation suggests that hope arises when our belief in a positive outcome outweighs our doubt. Focusing on positive outcomes and cultivating a hopeful mindset can help increase hope.
Thanks for reading
Keep following👉Martha Kay
The body of rules governing the formation and execution of contracts is known as contract law. The Indian Contract Act of 1872 functions as a comprehensive guidebook governing agreements and contracts in India. This legislation was enacted to create a framework for contract law, and it has undergone several revisions to accommodate changing economic conditions.
In the context of international economic integration and the strong development of foreign businesses in Vietnam, many traders have chosen to open representative offices in Vietnam to promote trade promotion activities. From a compliance perspective, reporting on human resource management and the operations of representative offices in Vietnam has become increasingly important because violations can result in penalties. Reports of the representative office in Vietnam of foreign traders are not only management tools but also sources of information that help shape Vietnam’s development strategy.
Visit us: https://antlawyers.vn/update/9-reports-of-the-representative-office-in-vietnam.html
Why foreign investors invest and establish a company in Vietnam?
Vietnam offers a compelling environment for foreign investors seeking to establish company in Vietnam. There are several reasons why investors should consider Vietnam as their business destination.
Visit us: https://antlawyers.vn/library/what-important-step-by-step-guide-to-establish-company-in-vietnam.html
More Related Content
Similar to How amendment to contracts in vietnam can be made
𝟏𝟎 𝐥𝐞𝐬𝐬𝐨𝐧𝐬 𝐥𝐞𝐚𝐫𝐧𝐞𝐝 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐛𝐨𝐨𝐤
"𝐁𝐞𝐥𝐢𝐞𝐯𝐞 𝐈𝐭 𝐭𝐨 𝐀𝐜𝐡𝐢𝐞𝐯𝐞 𝐈𝐭" by Brian Tracy and Christina Stein is a motivational book that focuses on the power of mindset and belief in achieving goals. Some key lessons from the book include:
1.The Power of Belief:
_______
The book emphasizes that your beliefs shape your actions and outcomes. Having a strong belief in your abilities and your goals can drive you towards success.
2.Positive Self-Talk:
_____
The authors stress the importance of using positive affirmations and self-talk to overcome self-doubt and build self-confidence.
3. Visualization:
____
The book encourages readers to visualize their goals and desired outcomes. Visualizing success can help in creating a clear mental image of what you want to achieve.
4. Setting Clear Goals:
___
Setting specific, measurable, achievable, relevant, and time-bound (SMART) goals is essential for focused progress and achievement.
5. Perseverance:
______
The book highlights the need to stay persistent in the face of challenges and setbacks. Believing in your goals and maintaining determination can help you push through difficulties.
6. Taking Action:
_____
Belief alone isn't enough; taking consistent action towards your goals is crucial. The book emphasizes the importance of continuous effort.
7. Surrounding Yourself with Positivity:
_____
Surrounding yourself with supportive and positive influences can help reinforce your beliefs and motivate you to achieve your goals.
8. Mindset Shift:
__
The book advocates for shifting from a fixed mindset to a growth mindset, where you believe that your abilities and intelligence can be developed through dedication and hard work.
9. Overcoming Fear:
______
The authors discuss strategies for overcoming fear and doubt, which often hinder progress. Cultivating courage and facing challenges head-on is essential.
10. Learning and Adaptation:
____
Embracing a mindset of learning from failures and adapting your approach can lead to continuous improvement and eventual success.
Thanks for reading.
@tongsa guy
Book:- https://amzn.to/3rbSM2F..
Lecture Note
8 lessons from the book "Emotional Equations"
by Chip Conley:
1. "Joy = Love - Fear" - This equation suggests that joy is the result of feeling loved without fear. When we feel loved and secure, we are able to experience joy.
2. "Despair = Suffering - Meaning" - This equation suggests that despair arises when we are suffering but cannot find any meaning in our suffering. Finding purpose and meaning can help us move out of despair.
3. "Anxiety = Uncertainty x Powerlessness" - This equation suggests that anxiety arises when we feel uncertain about a situation and powerless to control it. Recognizing and addressing our feelings of powerlessness can help reduce anxiety.
4. "Disappointment = Expectations - Reality" - This equation suggests that disappointment arises when our expectations do not match up with reality. Adjusting our expectations or finding ways to change our reality can help reduce disappointment.
5. "Envy = Despair + Resignation" - This equation suggests that envy arises when we feel both despair and resignation about our own situation, while simultaneously coveting what others have. Practicing gratitude and finding ways to improve our own situation can help reduce envy.
6. "Authenticity = Self-Awareness x Courage" - This equation suggests that authenticity arises when we are both self-aware and courageous enough to express our true selves. Developing self-awareness and cultivating courage can help us live more authentically.
7. "Happiness = Wanting What You Have / Having What You Want" - This equation suggests that happiness arises when we either want what we already have or have what we want. Cultivating gratitude and finding ways to attain our desires can help increase happiness.
8. "Hope = Belief / Doubt" - This equation suggests that hope arises when our belief in a positive outcome outweighs our doubt. Focusing on positive outcomes and cultivating a hopeful mindset can help increase hope.
Thanks for reading
Keep following👉Martha Kay
The body of rules governing the formation and execution of contracts is known as contract law. The Indian Contract Act of 1872 functions as a comprehensive guidebook governing agreements and contracts in India. This legislation was enacted to create a framework for contract law, and it has undergone several revisions to accommodate changing economic conditions.
Similar to How amendment to contracts in vietnam can be made (20)
In the context of international economic integration and the strong development of foreign businesses in Vietnam, many traders have chosen to open representative offices in Vietnam to promote trade promotion activities. From a compliance perspective, reporting on human resource management and the operations of representative offices in Vietnam has become increasingly important because violations can result in penalties. Reports of the representative office in Vietnam of foreign traders are not only management tools but also sources of information that help shape Vietnam’s development strategy.
Visit us: https://antlawyers.vn/update/9-reports-of-the-representative-office-in-vietnam.html
Why foreign investors invest and establish a company in Vietnam?
Vietnam offers a compelling environment for foreign investors seeking to establish company in Vietnam. There are several reasons why investors should consider Vietnam as their business destination.
Visit us: https://antlawyers.vn/library/what-important-step-by-step-guide-to-establish-company-in-vietnam.html
Foreign investors that invest in Vietnam for the first time must have investment projects and fill in investment registration or examination procedures at state agencies in charge of investment in order to be granted investment registration certificates.
Investment certificates shall concurrently be business registration certificates. Company with 100% foreign capital has founded and operated from the date of issuance of the investment certificate.
Give more info: https://antlawyers.vn/library/vietnam-company-formation-how-to-proceed.html
An individual with foreign nationality or an organization established under foreign law could register investment and conduct business activities in Vietnam.
Visit us: https://antlawyers.vn/update/quick-tips-for-foreigners-to-set-up-company-in-vietnam-and-comply.html
One of the important steps in filing PCT patent application in Vietnam is to make sure the translation into Vietnamese language match up with the original language. Patent attorneys at ANT Lawyers – a law firm in Vietnam will assist along the process including the translation of the patent and work with the national office of intellectual property in Vietnam to follow the instructions to complete the registration process in Vietnam.
Joint-stock company is a type of enterprise recognized by Vietnam law, besides other types being limited liability company, partnership and private enterprise. A joint-stock company has legal status from the date of issuance of the Certificate of Business Registration by Vietnam authority. It is important to consult with corporate lawyers in Vietnam to learn the advantage of different forms of companies to be set up in Vietnam for the efficient management and purpose of the owner.
Joint-stock company is a type of enterprise recognized by Vietnam law, besides other types being limited liability company, partnership and private enterprise. A joint-stock company has legal status from the date of issuance of the Certificate of Business Registration by Vietnam authority. It is important to consult with corporate lawyers in Vietnam to learn the advantage of different forms of companies to be set up in Vietnam for the efficient management and purpose of the owner.
Bank guarantee or guarantee commitment is a document issued by the guarantor or counter-guarantee or the guarantee-confirming party in the form of a Letter of Guarantee or a Guarantee Contract
Where in Vietnam is cheapest city to live and work?
According to statistics of 2021, taking Hanoi as the base indicator, the top 10 localities with the most expensive cost of living include: Hanoi (100%), Quang Ninh (99.5%), Ho Chi Minh City (98.98%), Da Nang (96.4%), Hai Phong (95.58%), Lao Cai (94.75%), Son La (94.58%), Lang Son (94.55%) %), Khanh Hoa (94.55%) and Dien Bien (94.41%).
When information in cyberspace is identified by competent agencies to have contents that infringe upon national security, disseminate information that sabotages the Socialist Republic of Vietnam, incite riots, and disrupt public security and order according to regulations of the law;
After the Covid-19 pandemic with unremitting efforts, Vietnam has affirmed its capacity in all aspects with other countries, especially the capability to fight against Covid and quick return focus to business. Therefore, Vietnam is becoming an attractive investment destination for global investors including American companies. With the stable political situation, young and abundant human resources and commitment to investment facilitation from the Vietnam Government, it has become a great motivation for American investors to choose Vietnam as a safe and effective investment destination to expand business and set up company in Vietnam.
The National Assembly, therefore, promulgated the Law amending and supplementing several sections of the IP Law (referred to as the Law on Amendments and Supplements) on June 16, 2022, which will officially take effect on January 01, 2023. The new law modifies more than 100 articles of the IP Law and focuses on 7 major policy groups.
Disabled people are those who have one or more body parts or functional impairments which are manifested in the form of disability, which makes it difficult for labor, living and learning. The State sponsors the right to labor and creates jobs for disabled workers, has policies to encourage and give incentives to employers to create jobs and to accept workers with disabilities to work in Vietnam.
Only when their trademarks would be infringed by other companies or competitors, they really concern to protect their trademarks and business through trademark registration, trademark opposition or take further actions.
Intellectual property rights in Vietnam are the rights of organizations or individuals to trademarks, inventions, designs or other forms of creation. Currently, intellectual property rights are recognized as an asset class, which can constitute corporate assets. Popular Objects of intellectual property today include:
With economic opening policies, especially after the Covid-19 pandemic, Vietnam is an attractive destination for foreign investors. Accordingly, the number of foreign investors in Vietnam is constantly increasing. In order to create favorable conditions for individual investors with direct capital investment or representatives of foreign organizations investing in Vietnam to live, work, Vietnam has policies, suitable for each type of investor in being granted temporary residence cards in Vietnam.
Subject matters of intellectual property rights in Vietnam is divided into three groups included: subject matter of copyright, subject matter of industrial property rights, subject matter of rights to plant varieties.
ANT Lawyers assist clients to operate with compliance or look for opportunities to enter the market. In Telecommunications, Media & Technology (TMT) practice, our lawyers assist clients in commercial matters, corporate M&A and other transactions, regulatory issues, system integration, software development and licensing, IT services including outsourcing, software & technology agreements, data protection, intellectual property, disputes resolutions.
WIPO administers the PCT. It also organizes the PCT Assembly, the PCT Working Group and the Meeting of International Authorities. Further, for each PCT application filed, WIPO is responsible for:
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1. How Amendment to Contracts in Vietnam Can be Made?
Once a contract is made legally, contracting parties shall implement and such contract is
respected by third parties. As stated in Civil Code 2015 (“CC”): “Each commitment or
agreement that does not violate regulations of law and is not contrary to social ethics
shall be bound by contracting parties and must be respected by other entities”. However,
in the implementation process, the contract can be amended, which means, rights and
obligation of parties can be amended accordingly.
Contract Dispute Lawyer in Vietnam
Due to the fact that the contract is result of before agreement, amendment shall follow
certain conditions. According to laws, parties may agree to amend a contract. Enterprises
need to pay attention to some following issues when amending the contract in the
implementation process:
2. Firstly, entities participating in contract amendment is the matter which enterprises need
to notice. Both contract and supplemental agreement are made on behalf of the parties,
which means between two juridical persons. In reality, juridical persons only carry out
transactions through representatives, it may be legal representative or authorized
representative. Therefore, entities participating in contract amendment shall be
representative of juridical persons. A civil transaction entered into and performed with a
third person by a representative in accordance with his/her scope of authorization shall
give rise to rights and obligations of the principal. Regarding consequence of civil
transactions made by unauthorized persons or by representatives beyond scope of
representation, such civil transactions shall not give rise to rights and obligations of the
principal or not give rise to rights and obligations of the principal with respect to that part
of the transaction which exceeded the scope of representation, except for any of the
following cases: (i) The principal recognizes the transaction or gives consent; (ii) The
principal knows it without any objection within an appropriate time limit; (iii) It is the
principal’s fault that the other party does not know or is not able to know that the person
entering into and performing the civil transaction therewith was unauthorized or beyond
his/her scope of representation. In above circumstances, the unauthorized person must
fulfill the obligations to the person with which he/she transacted or the obligations
owning to the person with which he/she transacted in respect of the part of transaction
which is beyond the scope of representation, unless such person knew or should have
known that the representative was unauthorized or the scope of representation was
exceeded but still transacted. A person having transacted with above representative has
the right to terminate unilaterally the performance or to terminate the made civil
transaction or to terminate the civil transaction with respect to that part which is beyond
the scope of representation or with respect to the entire transaction and to demand
compensation for any damage, except that such person knew or should have known that
that the representative was unauthorized or the scope of representation was exceeded or
the case of which the principal recognizes the transaction or gives consent. If above
representatives and the other party in a civil transaction deliberately enter into and
perform such transaction and thereby cause damage to the principal, they must jointly
compensate for the damage.
Form of agreement on amending contract is the second matter which needs to be taken
into consideration. Amendment shall comply with the form of the initial contract. For
instance, if the initial contract is made in written, notarized, certified, registered, the
amendment shall follow such forms. The form of contract shall be the conditions for its
effectiveness in cases where it is provided by law. Therefore, the form of amended
contract shall be the conditions for its effectiveness in cases where it is provided by law.
In invalid contracts, the general rule is restoring everything to its original state and
returning to each other what have received. The condition for the contract of non-
compliance with form recognized by the Court’s decision is that one party or the parties
has fulfill at least two third of the obligation contract. However, not one party or the
parties fulfilling at least two third of the obligation contract will naturally make such
3. contract invalid but there must go through the Court. Specifically, according to request of
one party, after fully considering conditions mentioned above, the Court shall make a
decision on recognizing the validity of such contract. This principle also applies to
contracts amendment. It is important that parties to consult with lawyers at early stage to
anticipate matters of dispute and clearly have clauses drafted to avoid potential future
disputes.
ANT Lawyers – A Law firm in Vietnam has law offices in Hanoi, Ho Chi Minh City and
Da Nang. The lawyers at each law offices in Vietnam have consistently made valuable
and important contributions to our profession through the cases we handled on daily basis
to facilitate business transaction or represented our clients to access justice.