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Central Group Viet Nam Speaks Out About Big C Da Nang Is “Forbidden”

Central Group Vietnam speaks out about Big C Da Nang ban

This lease is valid and Big C has the right to use this space, “said the representative of Central Group Vietnam and expressed his belief that “With the spirit of goodwill, the lessor will not try to unilaterally terminate renting”.

August 31, related to EB Hai Phong Joint Stock Company is executed under the decision of July 4, 1977, of the People’s Court of Da Nang City, Central Group Vietnam representative said: April 2016, this corporation received the legal transfer of Big C supermarket. After takes over, Central Group actively cooperated with Duc Manh Company (landlord) to solve the conflict. However, they did not receive a response from the employer.

You can read more information at Vietnam Real Estate News

According to this group, Big C was the tenant from the start of the project and always paid the rent as agreed during the past 10 years. In particular, 5-year rent has also been paid in advance. Big C has been licensed by the authorities since 2007 to do business in this location. The lessor has agreed to receive regular rents until 2015, suddenly unilaterally terminated the lease for a period of up to 40 years.

Central Group Vietnam speaks out about Big C Da Nang ban
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“The rental is valid and Big C has the right to use this space,” said the representative of Central Group Vietnam and expressed his belief that: With the spirit of goodwill, the lessor will not try to unilaterally dot the termination of such a lease, especially when considering internal restructuring activities unrelated to this incident. Currently, the case and the legal procedures are being solved, the area rented is still operating. Central Group Vietnam will try to resolve this issue in the soonest time for the benefit of the city, customers and businesses concerned.

As reported, according to a decision of Danang People’s Court, EB Hai Phong Company is prohibited from transferring the right to use space from the basement to the 4th floor of Vinh Trung Trade Center, Da Nang for anyone.

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Central Group Viet Nam Speaks Out About Big C Da Nang Is “Forbidden”
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