The Vietnamese government has ordered the implementation of a legal framework regarding virtual assets, directing the Ministry of Finance to conduct research and propose a legal framework by May 2025 to prohibit or regulate virtual assets to combat money laundering and address issues related to virtual assets gradually becoming more prevalent in Vietnam. In the…
In the context of increasing globalization, technology transfer plays a crucial role in promoting economic development and improving the quality of life in a country. In Vietnam, the legal framework for technology transfer has become a hot topic, attracting the attention of businesses, researchers, and regulatory authorities. However, understanding and applying relevant legal provisions is…
The United States is in the process of reviewing the market economy status of several countries, including Vietnam. On February 5, 2024, the U.S. Department of Commerce (DOC) officially initiated a review of changed circumstances to consider the market economy issue of Armenia. It is known that this is one of the necessary steps to…
On February 16, 2024, the Indian Directorate General of Trade Remedies (DGTR) issued a notice initiating an anti-dumping and countervailing investigation on tempered coated and uncoated glass products originating from or imported from Vietnam. DGTR is investigating allegations of dumping and subsidies on ‘Textured Tempered Coated and Uncoated Glass’ produced or imported from China and…
On February 14, 2024, the United States Department of Commerce initiated anti-dumping and countervailing duty investigations on certain paper disc products imported from China, Thailand, and Vietnam. The investigated products include discs made by pressing or cutting from paper/board (hereinafter referred to as paper discs), excluding: (i) discs molded or pressed directly from paper pulp;…
Recently, the General Directorate of Imports of the Turkish Ministry of Trade (DGI) issued a notice extending the application of safeguard duties on toothbrush products imported into Turkey. Vietnam is one of the countries with significant imports of the taxed products into Turkey. On February 2, 2021, the DGI issued a Notice of Application of…
During the process of engaging in franchise transactions in Vietnam, both the franchisor and the franchisee have specific rights and obligations defined by law and the franchise agreement. Below is an overview of the rights and obligations of each party: Rights of Parties Involved in Franchise Activities Based on the provisions of Article 286 of…
Franchising is a common business method in free-market economies, particularly in countries such as the United States, Australia, and the European Union. In Vietnam, franchise activities from abroad officially began in 2007 and have since experienced significant development. Franchising is a process where one party (the franchisor) permits and requires another party (the franchisee) to…
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…