Vietnam’s commitment to “Net Zero by 2050” has transitioned from strategic planning to strict regulatory enforcement. With the enactment of Decree 119/2025/ND-CP (effective from August 1, 2025), which replaces the former Decree 06/2022/ND-CP, the legal framework for the domestic carbon market has been officially finalized. This new Decree solidifies the rules for the “Cap-and-Trade” system […]
Legal Risks of Disguised Material Markup Schemes: When “Free” Entry leads to Operational Insolvency In the current economic climate, the “Zero-Fee Franchise” model (Nhượng quyền 0 đồng) has emerged as a popular strategy to attract small-scale investors. Under this scheme, the Franchisor waives the Initial Franchise Fee and ongoing Royalty Fees. However, the monetization model […]
The enactment of the Law on Environmental Protection 2020 marked a paradigm shift in Vietnam’s approach to waste management: transitioning from a linear model to a “Circular Economy.” Central to this shift is the Extended Producer Responsibility (EPR) mechanism. It is no longer a voluntary Corporate Social Responsibility (CSR) initiative but a strict statutory obligation. […]
Legal Enforceability and the Conflict between “Right to Work” vs. “Freedom of Contract” In the context of an increasingly competitive labor market, Non-Compete Agreements (NCAs) have become a standard instrument for corporations to protect their trade secrets and market position. However, the enforceability of such agreements within the Vietnamese jurisdiction remains a contentious legal issue, […]
Practical Impacts on Major FDI Enterprises in Vietnam and Alternative Investment Support Policies From January 1, 2024, Vietnam officially implemented the Global Minimum Tax (GMT) framework pursuant to Resolution No. 107/2023/QH15. This represents a fundamental shift in the country’s Foreign Direct Investment (FDI) attraction strategy, effectively ending the era of tax-incentive-based competition. The following analysis […]
Auditing the financial statements of a business is not merely a technical procedure; it is a key determinant of the accuracy and reliability of financial information. It serves as a crucial step to ensure that the figures and disclosures published by the business are transparent, compliant with regulations, and aligned with accounting and auditing standards. […]