NON-COMPETE AGREEMENTS (NCA) IN VIETNAM

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, […]

GLOBAL MINIMUM TAX (GMT): HOW IT IMPACTS VIETNAM ENTERPRISES

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 […]

The Financial Statement Audit Process

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. […]

Software Release License

In today’s digital landscape, the release of software plays a crucial role in technology advancement and business efficiency. Understanding the regulations and market dynamics around software licensing is essential for companies that aim to succeed in this industry. 1. What is Software Release? According to the regulations of the Information Technology Law, software is defined […]

Parent–Subsidiary Corporate Relationship

Parent–subsidiary corporate structures represent a fundamental organizational model in modern business practice. This model enables capital consolidation, centralized control, and strategic coordination across affiliated entities. The following document provides an English translation of the provided Vietnamese text, using appropriate legal terminology and professional academic structure. The translation also includes an introduction and conclusion as requested. […]

Disputes Over Bank Credit Contracts

The realm of banking and finance is often fraught with complexities, particularly when it comes to credit contracts. Disputes over bank credit contracts have become increasingly common in recent years, affecting not only financial institutions but also consumers and businesses that rely on credit for growth and stability. These disputes may arise from ambiguities in […]

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