Regulations on similar contracts in the procurement of goods in Vietnam

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Similar contracts in the procurement of goods in Vietnam are a relatively new concept for many investors, contractors, and interested parties in the field of bidding. In the following article, ASL LAW will show the provisions of similar contracts in the procurement of goods in Vietnam. The Law on Bidding 2013 and Decree 63/2014/ND-CP of…

4 cases where employees have to compensate the company in Vietnam

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If an error or violation of the agreement occurs during the performance of the labor contract, the employee may be required to compensate the company. The following are four instances in which employees may be held accountable for damages. Breach of confidentiality and technology agreements in Vietnam When entering into a labor contract, the employer…

The difference between ‘oral’ labor relations and official labor contracts in Vietnam

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How do employers lower employees’ wages without breaking the law during the Covid-19 pandemic in Vietnam?

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The Covid-19 has had long-lasting impacts on all sectors of the economic and the social health of the citizens of Vietnam, as well as in other countries in the world. If counted among the affected individuals and organizations by this pandemic then businesses must be one of the most affected aspects of society. To deal…

Legal500: Interview with Pham Duy Khuong, Founder and Managing Director of ASL LAW

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Founder and Managing Director Pham Duy Khuong explains how leading Vietnamese firm ASL LAW is adapting to clients’ changing needs.

Cut staff to lessen the Covid-19 impacts in Vietnam

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Because of the Covid-19 epidemic impacts in Vietnam, many corporations find it hard to maintain a balance of finance, facilities, …. Therefore, although it still wants to keep its employees, the company still needs to cut as much as possible to maintain operations. At this time, the company was forced to cut staff. One of…

The problem of illegal termination of the contract in Vietnam

contract termination in Vietnam in COVID

COVID Question: For the case of contract termination in Vietnam when the employer unilaterally terminates the contract because of the epidemic, he has to reduce production and business according to Point c, Clause 1, Article 36, Vietnam Labor Code. In this case, according to Article 41 of the Vietnam Labor Code, when the employer unilaterally…

Risks in the payment method by letter of credit

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Currently, letter of credit (L/C) is an increasingly popular payment method in international commercial transactions because of the safety and prestige through the bank’s commitment to pay the seller. If the seller provides the full set of documents specified under the L/C and the buyer is also guaranteed by the bank that the goods will…

Legal Notes To Purchase And Sale Of Medical Gloves In Vietnam: Acts Of Fraud or Scam And Measures To Limit Them

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Over the past year or so, the world has been tormented by the Covid-19 pandemic. Worldwide traders turn to Vietnam to seek the chance of purchasing medical devices, typically medical gloves. However, there are many international traders becoming victims of frauds when purchasing medical gloves in Vietnam since it is not easy to identify the…

Lawyer Pham Duy Khuong is ranked the Top 100 Vietnamese Lawyers

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Asia Business Law Journal has just announced the A-list Vietnam’s Top 100 Lawyers. Among the honored lawyers, Lawyer Pham Duy Khuong – Founder of ASL Law, is proud to be a representative of ASL Law in this ranking. “Vietnam’s A List 100 Top Lawyers” was voted and announced by the Asia Business Law Journal. This…

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