In the context of digital transformation and increasingly stringent personal data protection regulations, data security has become a core element of corporate governance. Among various aspects of information security, the protection of data at rest plays a critical role in safeguarding corporate information assets, ensuring legal compliance, and maintaining stakeholder trust. A well-defined data-at-rest security […]
In Vietnam, processing contracts are a common type of agreement in commercial transactions, defining the rights and obligations of the parties involved. However, unforeseen changes in circumstances may arise after the conclusion of the contract, significantly affecting the balance of rights and obligations and making performance difficult or even impossible without major adjustments. Under such […]
In the process of managing financial resources, enterprises may choose to reduce their charter capital for a variety of reasons, such as restructuring, optimizing operations, or reallocating resources. However, a capital reduction, if not carefully planned and executed, can lead to a shortage of working capital, thereby jeopardizing the enterprise’s ability to meet its short-term […]
In commercial relationships, processing contracts are essential for defining the rights, obligations, and expectations of the parties involved. However, during the performance of such contracts, unforeseen circumstances may arise, fundamentally altering the conditions under which the agreement was originally formed. These changes can make it difficult or even impossible for one party to fulfill their […]
In response to the increasing risks of data breaches and the rapid development of the digital economy, Vietnamese law has gradually established a comprehensive legal framework governing the protection of personal data, including data stored in physical and electronic forms. Data-at-rest security policies are now recognized as a mandatory compliance component for enterprises, serving as […]
1. Does entrusted goods trading constitute a commercial intermediary activity? Commercial intermediary activities are defined in Clause 11, Article 3 of the Law on Commerce 2005 as follows: Article 3. Interpretation of terms[…]11. Commercial intermediary activities are activities carried out by traders to conduct commercial transactions for one or more identified traders, including commercial representation, […]