Cases of Inheritance under Statutory Succession 1. Statutory succession shall apply in the following cases: a) There is no will; b) The will is invalid; c) The heirs designated in the will die before or at the same time as the testator; or the organization or agency designated as an heir no longer exists at […]
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Regulations on Interest Rates under the 2015 Civil Code Article 468 – Interest Rates 1. The lending interest rate shall be agreed upon by the parties. In cases where the parties have an agreement on interest, the agreed interest rate shall not exceed 20% per year of the loan amount, unless otherwise provided by relevant […]
Conditions for the Validity of a Civil Transaction (This is a very important provision applicable to all civil transactions, suitable for citation and reference.) 1. A civil transaction shall be valid when all of the following conditions are satisfied: a) The parties to the transaction have civil legal capacity and civil act capacity appropriate to […]
Bases for Establishing Civil Rights Civil rights are established on the following bases: Contracts. Unilateral legal acts. Decisions of courts or other competent authorities as prescribed by law. Results of labor, production, and business activities; results of creative activities that generate intellectual property objects. Possession of property. Use of property or obtaining benefits from property […]
Promise of Reward A person who has publicly promised a reward must pay the reward to whoever performs the work as required by the person making the promise. The work promised for reward must be specific, feasible, and not contrary to legal prohibitions or social ethics. Withdrawal of a Promise of Reward Before the time […]
The 2015 Civil Code provides regulations on the donation of property as follows: Contract of Donation of Property A contract of donation of property is an agreement between the parties whereby the donor transfers ownership of his or her property to the donee without requiring compensation, and the donee agrees to receive the property. Donation […]
Lottery Agents 1. Conditions for becoming a lottery agent: a) For individuals: Must be a Vietnamese citizen aged 18 years or older and permanently residing in Vietnam; Must not have any criminal record or administrative penalty; must not be a person with limited or lost civil act capacity as prescribed by law; Must not be […]
Principles of Lottery Ticket Printing 1. Printed lottery tickets must be produced in sufficient quantity for each type of ticket series and must conform to the prize structure announced for issuance. 2. The principles of printing lottery tickets for each type of lottery ticket are regulated as follows: a) Traditional lottery tickets:When printed, traditional lottery […]
Nguyên tắc in vé xổ số 1. Vé xổ số in phải có đủ số lượng theo từng loại ký hiệu vé xổ số và phù hợp với cơ cấu giải thưởng đã thông báo phát hành. 2. Nguyên tắc in vé xổ số đối với từng loại hình vé xổ số được quy định […]
Lottery Drawing Equipment 1. Lottery drawing equipment includes: a) Lottery drawing drum(s);b) Balls used for lottery drawing;c) Electronic scales for checking the weight of each ball; equipment for measuring the size of each ball;d) Camera and monitor systems to supervise the entire lottery drawing process. 2. Management requirements for lottery drawing equipment: a) For the […]