Comparison Between Unilateral Termination and Dismissal of Labor Contracts

The termination of a labor contract marks a critical turning point in the employment relationship, often accompanied by significant legal, financial, and emotional implications. Among the various types of contract termination, unilateral termination and dismissal are two distinct forms, each governed by specific legal frameworks and procedures. While both involve the employer’s decision to end […]

Distinction between main contractors and subcontractors

In Vietnam’s public procurement system, legal clarity regarding the roles and responsibilities of bidders is essential to ensure compliance, transparency, and fair competition. The Law on Bidding 2023, as amended in 2024 (hereinafter referred to as the “Law on Bidding”), provides detailed definitions and conditions applicable to contractors and investors participating in procurement activities. This […]

What is Franchising? Characteristics and Contents of a Franchise

Franchise is an increasingly common form of business operation and investment across many countries, including Vietnam. It plays an important role in facilitating market expansion and transferring business models efficiently. The following elaboration explains the concept, characteristics, and legal aspects of franchise agreements under Vietnamese law, particularly the 2005 Commercial Law and its guiding regulations. […]

Vietnam’s Condotel Investments: High Hopes, High Risks

1. The Rise of Condotels: A Promising Investment Model Condotels—short for condominium hotels—emerged in Vietnam as an attractive investment option, combining the concept of individual property ownership with short-term hotel rental operations. Investors are drawn to condotels due to the potential for high returns, the opportunity to use the property for personal vacations, and the […]

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