PBC PARTNERS Combining Int’l Standards with Local Expertise
In a business world marked by severe competition, the bigger the company the more legal problems it faces. According to Mr Tran Thanh Hai, Managing Partner of PBC PARTNERS, legal assistance should support business projects, prepare a corporate consultancy system that facilitates business decisions, and handles business matters in compliance with legal requirements.
PBC PARTNERS is one of the leading Vietnamese law firms and is blessed with a wealth of experience gained from assisting foreign clients with a wide range of legal services under international professional standards. The year 2007 was a banner one for the company seeing it set up a strategic co-operation with KhattarWong – a leading Singaporean law firm. This arrangement allows it to better serve its clients by combining international standards with local expertise.
In the area of legal and investment consultancy, it is conversant on legal matters ranging from investment, banking, corporate, regulatory compliance and litigation. The company is engaged and works as a local independent consultant in foreign donor and governmental projects, especially real estate and property projects. It also provides value-added services in the fields of pharmaceuticals, cosmetics, medical equipment, and other fields.
In terms of intellectual property (IP), the company advises its clients on everything from drafting, preparing, filing and securing registrations of patent, IP rights, trademarks, industrial designs, copyrights, as well as assisting in the prosecution and enforcement of infringement actions. This helps investors feel secure when doing business in Vietnam.
Mr Hai, who has more than 10 years of working experience in international law firms in Vietnam and who is a founder of PBC PARTNERS, said: “The awareness of benefits of consultant services in Vietnam is still limited. Vietnamese enterprises have a habit of negotiating by themselves with their partners. Sometimes they are successful but when they fail, they ask for assistance from lawyers and advisors. In many cases they would be better off if they had asked for advice from the beginning which would have saved them time and effort. Consulting services are becoming more professional in many fields. This creates peace of mind for investors. I believe that the role of lawyers and advisors will soon be regarded by Vietnamese enterprises as indispensableâ€Â.
With the continuous growth of foreign investment in Vietnam, foreign investors when arriving need comprehensive legal support in respect of Vietnamese legal and tax issues. They often need assistance in adjusting their corporate culture to local legal requirements. PBC PARTNERS has more than 20 Vietnamese lawyers and two senior advisors – who have intensive experience gained with local and international law firms – ready to assist with any request.
In reality, losses often occur in business. The role of consultants in helping to minimize or vitiate potential losses and addressing tangible and intangible risks is becoming essential for businesses. The question frequently asked by investors once they have gotten into difficulty is “how†and “howâ€Â. The answer to the question, according to Mr Hai, is being advised correctly from the start.
Tags: PBC PARTNERS, Vietnam business news, Vietnam enterprise
Posted by VBN on Nov 14 2009. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
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