Enterprises with foreign-owned capital (even one per cent) need to register distribution rights before trading goods purchased from other Vietnamese organisations or imported into the country.
When making an investment in Vietnam, foreign investors must study the feasibility of the project based on various factors. One of them is that the investor must make sure if the business sectors they plan to operate in are permitted...
Civil Code No 33/2005/QH11 ("2005 Civil Code") will be replaced by Civil Code No 91/2015/QH13 ("2015 Civil Code") January 1, 2017. Essentially, civil laws respect the freedom of contract of the parties, but the parties must comply with general regulations...
In the distribution relationship, the principal can deliver goods to a
number of different agents. Therefore, drafting of the agent agreement,
which not only meets the required needs, but also ensures the rights of
the parties, should be taken into account.
Terms of content conflict resolution, validity of the contracts, and
transfer of contractual obligations are basic terms that often get
overlooked, but they can help enterprises minimize serious damage when
entering into contracts.
The acts of copying and cropping articles, images and videos posted on
official websites of organisations or individuals, might be subject to
administrative and even criminal sanctions for copyright infringement.
Since July 01, 2016, the legal representatives of enterprises that
illegally dismiss their employees can be imprisoned for three months to
three years under the provisions of the 2015 Criminal Code.
Education is an attractive sector for foreign investors. However,
investors should be aware of the opportunities and the challenges in
investing in the sector.
Enterprise revenue, average total expenditure and number of workers are
some of the factors considered in new regulations for becoming a hi-tech
enterprise.
When entering into contracts, enterprises can freely add binding mutual
obligations. However, Vietnamese law still has regulations on agreements
exceeding certain limits, which can nullify such contracts.
When entering into contracts, changing the legal representative of the
company or participating in transactions and other activities,
enterprises should ascertain the competence of the board of directors
and the general meeting of shareholders to guarantee correct compliance
with current legal regulations.
The government issued decree No 85/2015/ND-CP ("Decree No 85") on
October 1, 2015, detailing some regulations of the Labour Code regarding
policies for female employees.