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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…
12
Mar
Mar
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…
13
Mar
Mar
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…
01
May
May
On the morning of February 19, 2024, representatives of the Office of the President of Vietnam announced the full text of the President’s Order on the promulgation of the amended Land Law and the amended Credit Institutions Law, which were passed by the 15th National Assembly at its extraordinary general meeting, the fifth of the…
01
May
May
As part of a significant step in adjusting and reforming the legal system regarding land, the Land Law 2024, amending and replacing the Land Law 2013, has been enacted with the paramount mission of creating an effective and transparent legal framework while ensuring fairness and sustainability in land management and use. This law is not…
24
Mar
Mar
In Vietnam, the process of establishing economic organizations by foreign investors is governed by specific regulations outlined in Decree No. 31/2021/NĐ-CP. These regulations provide a structured framework for foreign investors looking to initiate business ventures within the country. Understanding these procedures is essential for ensuring compliance and facilitating smooth operations. 1. Overview of Establishment Procedures:…
25
Feb
Feb
Working hours are not only an important aspect of daily life but also a determinant of the quality of life and the socio-economic development of individuals and society as a whole. Built on the principles of fairness and sustainable development, the Vietnamese Labor Law of 2019 has set forth several significant points regarding working hours,…
26
Feb
Feb
Based on the principles of fairness and sustainable development, the application and compliance with regulations regarding salaries are fundamental aspects that cannot be overlooked in Vietnam’s labor law system in 2024. In a society undergoing development and active integration into the global economy, protecting the rights and ensuring the living standards of employees through salary…
01
May
May
Intellectual property (IP) is a valuable asset for individuals and businesses. It encompasses creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. Protecting and maintaining ownership of intellectual property is crucial in today’s knowledge-based economy. Here’s how you can safeguard your intellectual property rights: 1….
22
Feb
Feb
One of the primary reasons for restricting foreign exchange transactions is to protect and maintain stability for the domestic economy. Controlling exchange rates can help prevent significant and sudden fluctuations in currency values, keeping the economy more stable and minimizing inherent risks. Article 3 of Circular 32/2013/TT-NHNN stipulates, “Within the territory of Vietnam, except for…
