In commercial practice, disputes are often unavoidable. When a dispute arises, the decisive factor in protecting a company’s legitimate rights and interests is evidence. In reality, however, many businesses do not fully understand the legal framework governing evidence, resulting in insufficient collection or submission of supporting documents when initiating or defending claims before courts or […]
International sale of goods contracts play a crucial role in cross-border trade transactions. However, many businesses still question whether Vietnamese law prescribes mandatory clauses for such contracts. 1. Are There Mandatory Clauses Under Vietnamese Law? The short answer is: No specific list of mandatory clauses is prescribed. Under the Law on Commerce 2005, Vietnamese law […]
Sales promotion is a common commercial practice used by businesses to stimulate consumer demand, increase sales, and enhance brand recognition. However, in order to ensure fair competition and protect consumers’ rights, Vietnamese law strictly regulates the forms of promotion that traders are permitted to conduct. Under the provisions of the Law on Commerce 2005 and […]
In practice, many individuals still buy and sell land using handwritten agreements instead of formal notarized contracts. This often occurs due to convenience, cost-saving considerations, or personal trust between the parties. However, under Vietnamese law, such transactions may expose the parties to significant legal risks, including the possibility that the transaction is declared invalid or […]
1. Introduction In the context of increasingly deep international economic integration, transactions involving foreign currencies have become common in commercial activities, investment, and civil life. However, in order to ensure the stability of the monetary market, control cash flows, and implement the State’s foreign exchange management policies, Vietnamese law imposes strict regulations on the purchase, […]
Legal Liability of Vietnamese Enterprises When Exported Goods Are Returned Due to Foreign Standards?
Introduction In the context of international economic integration, the export activities of Vietnamese enterprises have increasingly developed, contributing significantly to GDP growth and improving the trade balance. However, during the export process, Vietnamese enterprises must not only comply with domestic regulations but also adhere to the technical standards and regulations of the importing country. A […]