WHO HAS THE RIGHT TO ESTABLISH AN ENTERPRISE?

1. Persons entitled to establish an enterprise All organizations and individuals have the right to establish and manage enterprises in Vietnam in accordance with the Law on Enterprises No. 59/2020/QH14 (2020). However, exceptions apply to cases prohibited from establishing enterprises as stipulated in Clause 2, Article 17 of the Law on Enterprises 2020. 1.1. Individual […]

Can Penalty Clauses and Compensation for Damages Be Applied Concurrently?

Penalty clauses and compensation for damages are two common contractual remedies under Vietnamese contract law. However, the concurrent application of these remedies remains subject to differences between civil law and commercial law. This article analyzes the legal basis and legal nature of each remedy, clarifies the possibility of their concurrent application under current law, and […]

Can Digital Assets Be Inherited and How Are They Managed?

INTRODUCTION In the context of rapid digital transformation, an individual’s assets no longer exist solely in tangible forms such as money, gold, or real estate, but also include digital assets such as social media accounts, electronic wallets, cryptocurrencies, digital data, gaming accounts, and domain names. However, when the owner passes away, an important legal question […]

WORK PERMIT APPLICATION DOSSIER FOR MANAGERS AND EXECUTIVE DIRECTORS

In an increasingly globalized economy, the recruitment and placement of senior foreign managers and executive directors are essential for many companies seeking to strengthen governance, transfer specialized knowledge, and drive strategic growth. Applying for a work permit is a mandatory administrative step that ensures these senior executives can lawfully perform managerial duties in the host […]

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