Sunday, December 7, 2014

How do Vietnam laws define about force majeur?

Under the applicable laws of Vietnam, only Civil Code 2005 has the definition of force majeur (i.e. Article 161 of Civil Code 2005).
Article 161 of Civil Code 2005 regulate about Time periods excluded from limitation periods for initiating legal action for civil cases and from limitation periods for requesting resolution of civil cases.
Under this article, the time period during which one of the following events occurs shall be excluded from limitation periods for initiating legal action for civil cases and from limitation periods for requesting resolution of civil cases:
1. An event of force majeure or other objective hindrance which renders the person with the right to initiate [legal action for a civil case] or make the request not able to do so within the limitation period.
An event of force majeure is an event which occurs in an objective manner which is not able to be foreseen and which is not able to be remedied by all possible necessary and admissible measures being taken.
An objective hindrance is a hindrance which in an objective context results in a person with civil rights or obligations not knowing that his or her lawful rights and interests have been infringed or not being able to exercise his or her rights or fulfill his or her civil obligations.
The obligation of defaulting party in case of force majeure:
Article 302.2 of Civil Code  2005 states that where an obligor is not able to perform a civil obligation due to an event of force majeure, it shall not have civil liability, unless otherwise agreed or otherwise provided by law.
Article 161.1 of Civil Code 2005 defines that an event of force majeure is an event which occurs in an objective manner which is not able to be foreseen and which is not able to be remedied by all possible necessary and admissible measures being taken.
An objective hindrance is a hindrance which in an objective context results in a person with civil rights or obligations not knowing that his or her lawful rights and interests have been infringed or not being able to exercise his or her rights or fulfill his or her civil obligations.
Article 294.1 of Commercial Law 2005 also regulates that A defaulting party shall be immune from liability Upon occurrence of an event of force majeure
Article 296.1 of Commercial Law 2005 regulate further that Upon occurrence of an event of force majeure, the parties may agree to extend the time-limit for performance of contractual obligations; where the parties have no agreement or fail to reach additional period of time equal to the duration of the event of force majeure and a reasonable amount of time for remedying the consequences of such event.