Distinction between main contractors and subcontractors

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 […]

What is Franchising? Characteristics and Contents of a Franchise

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. […]

What types of reports must foreign-invested enterprises (FIEs) submit, and where?

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, […]

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