1. Legal Framework and Permissibility The use of sidewalks (vỉa hè) for private or commercial purposes in Vietnam—such as placing tables, parking, or vending—has long been a practical solution in crowded urban areas. However, under Vietnamese law, sidewalks are considered public infrastructure. The Land Law 2013 (Article 5) and Law on Road Traffic 2008 (Article […]
1. Legal Recognition of NDAs Non-disclosure agreements (NDAs) are widely accepted under Vietnamese law, though the term itself is not explicitly defined in legislation. Instead, NDAs are treated as civil contracts governed by the Civil Code 2015. Article 3 and Article 388 of the Civil Code affirm the freedom of contract principle, allowing parties to […]
1. Legal Recognition of Liquidated Damages in Vietnamese Law Liquidated damages refer to a sum of money that contracting parties agree to in advance, which one party must pay if they breach the contract. This concept, common in common law jurisdictions, is also recognized in Vietnam’s civil and commercial legal framework, albeit with certain limitations. […]
Foreign-invested enterprises (FIEs) operating in Vietnam are subject to strict regulatory requirements, including the submission of various reports to ensure compliance with local laws. These reports serve as essential tools for monitoring investment activities, evaluating performance, and ensuring transparency in business operations. Below is a detailed explanation of the key reports that FIEs must prepare, […]
Environmental protection has become a fundamental obligation of individuals, organizations, and governments worldwide. In Vietnam, the legal framework has been continuously strengthened to address environmental violations, particularly acts of illegal waste discharge. The following provides a comprehensive overview of the legal definitions, prohibited acts, administrative penalties, and potential criminal liabilities concerning unlawful waste disposal under […]
Anti-competitive agreements play a critical role in shaping market dynamics, particularly in transitional economies like Vietnam. These agreements, while serving certain industry needs, often undermine fair competition and consumer interests. This analysis examines Vietnam’s legal framework on anti-competitive agreements, evaluates their characteristics, and highlights the implications for competition law enforcement, providing recommendations for improvement. 1. […]