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…