Understanding Price Fraud: Definition, Penalties, and Legal Implications

What is Price Fraud? Price fraud is a deceptive practice where businesses intentionally manipulate prices, misrepresent product values, or use dishonest tactics to gain financial advantages over consumers. Although there is no explicit legal definition of “price fraud” in Vietnamese law, the Law on Price 2023 and Decree 87/2024/NĐ-CP outline prohibited acts in the field […]

Legal Requirements for Investors in High-Tech Infrastructure Projects

Understanding High-Tech Infrastructure in Vietnam High-tech zones play a crucial role in advancing science, technology, and economic development in Vietnam. According to Article 31 of the 2008 Law on High Technology, high-tech zones are defined as designated areas for the research, development, and application of high technology. These zones also serve as incubators for high-tech […]

Compensation for Mental Damages in Vietnam: Legal Regulations and Compensation Amounts

Compensation for mental damages is a critical aspect of civil liability in Vietnam, ensuring that victims receive fair reparation for emotional suffering caused by violations of their personal rights. This article provides an in-depth analysis of compensation for mental damages, including its legal definition, applicable cases, and the specific compensation amounts regulated by Vietnamese law. […]

Understanding One-Time Social Insurance Benefits in Vietnam: Calculation and Application Process

What is One-Time Social Insurance? Under Article 3 of the 2014 Social Insurance Law, social insurance (SI) is a mechanism that partially compensates workers for income loss due to illness, maternity, occupational accidents, old age, or death. One-time social insurance benefits allow participants to receive a lump sum payment instead of waiting to qualify for […]

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