In the era of global digitalization, e-commerce has become a key driver of modern economic development. The emergence and widespread adoption of electronic contracts not only help businesses save time and costs but also open up cross-border business opportunities. However, this transformation also presents new challenges, from legal frameworks to information security and the protection…
In civil and commercial transactions, contracts play a crucial role in establishing, modifying, or terminating rights and obligations between parties. However, for a contract to have legal validity, it must not only meet substantive and competency requirements but also comply with formal requirements as prescribed by law. In Vietnam, violations of formal requirements can lead…
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Legal 500 GC Summit 2025: Key Legal Considerations for Vietnamese Businesses Investing in Thailand, Indonesia, Laos, Cambodia, and China – Expanding Beyond Borders
As Vietnamese businesses look beyond national borders to expand their operations, Thailand, Indonesia, Laos, Cambodia, and China emerge as strategic destinations for investment. These markets offer significant growth opportunities but also present unique legal landscapes that investors must navigate carefully. Following the success at the GC Summit 2024 event where ASL LAW presented on the…
In the context of an increasingly developing economy and international integration, contract signing has become an indispensable part of business activities in Vietnam. However, to safeguard interests and mitigate legal risks, businesses require support from professional legal consulting firms. As one of the reputable law firms, ASL LAW provides high-quality legal contract drafting services, ensuring…
In the era of rapid electronic technology development, Vietnamese businesses have been exposed to new opportunities while also facing challenges in applying technology to their operations. As society gradually transitions to a digital society, cross-border electronic contracts, with their high convenience and simplification, have become an essential part of the socio-economic landscape. However, the application…
In the rapidly developing economic landscape, contract signing is an integral part of commercial transactions and business activities. However, not all contracts are executed smoothly without encountering legal issues. In some cases, contracts may be declared invalidity of, jeopardizing the rights and interests of the parties involved and leading to legal disputes regarding property compensation…
Vietnam’s adherence to the civil law system provides a clearer, more stable, and transparent legal framework compared to countries under the common law system. However, this also poses some challenges when society faces disputes or issues without clearly defined methods of resolution in legal documents. So, in these cases, what provisions do litigation authorities rely…
At the Vietnam GC Summit 2024 event, held in collaboration with Legal500, ASL LAW emphasized the important factors in conducting M&A activities in Vietnam, specifically regarding regulations on personal data protection, intellectual property law, and requirements for global minimum tax. During the presentation at the workshop, in addition to the usual aspects to consider in…
In the business environment, the occurrence of contract disputes is inevitable. To resolve these conflicts effectively and fairly, Vietnam’s legal system has established diverse and flexible methods for resolving contract disputes. Below are some common methods applied in Vietnam: Negotiation between the parties The parties involved in the contract discuss to resolve disputes. This option…
In recent times, the number of contract disputes has been gradually increasing in Vietnam. Corresponding to this trend is the search for methods to resolve contract disputes becoming a predominant need. Not only limited to advising on resolution methods, some parties also request lawyers to draft complaint petitions and prepare lawsuit documents. The following article…