INVALID CONTRACTS DUE TO LACK OF INTERNAL APPROVAL IN JOINT STOCK COMPANY

In the realm of corporate governance, the validity of contracts is paramount to ensuring the smooth operation and integrity of joint stock companies. A significant issue arises when contracts are executed without the necessary internal approvals mandated by corporate bylaws or statutory regulations. Such invalid contracts can lead to disputes, financial losses, and reputational damage […]

COMPENSATION LIABILITY OF EMPLOYER FOR FAILURE IN CONTRIBUTION TO UNEMPLOYMENT INSURANCE

In today’s dynamic labor market, the role of unemployment insurance (UI) has become increasingly significant in providing financial security to workers during periods of job loss. Employers are mandated to contribute to these insurance programs, ensuring that employees receive necessary support when facing unemployment. However, failures in these contributions can lead to severe consequences, not […]

The Legal Roadmap for FIE Termination and Dissolution

Foreign-Invested Enterprises (FIEs) operating in Vietnam must adhere to a strict legal process when ceasing operations, whether due to a shift in business strategy, market difficulties, or regulatory breaches. This procedure is governed primarily by the Law on Investment 2020 and the Law on Enterprises 2020 (amended in 2025). A thorough understanding of this framework […]

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