The establishment of economic organizations in Vietnam by foreign investors is one of the most common forms of international investment. However, this process entails various legal issues related to conditions, procedures, and investment limitations. 1.Definition– A foreign investor is an individual with foreign nationality or an organization established under foreign laws conducting investment and business […]
Franchise businesses have become a popular and effective model for expanding operations across various industries worldwide. This business model allows franchisors to leverage their brand and expertise while enabling franchises to operate under an established system with reduced risks. By understanding the nature, classifications, and intricacies of franchising, both franchisors and franchises can maximize their […]
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 […]
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 […]
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. […]
Compensation for damages is a fundamental principle in civil law that ensures justice and fairness between individuals and organizations within the framework of legal relationships. This concept primarily arises from unlawful actions that cause harm to others and serves as a legal mechanism to restore the injured party to their original state, as far as […]