Understanding the Complexity of Contract Cancellation in Vietnam Imagine this scenario, after months of negotiation, you finalize a good contract with a local Vietnamese partner. Optimism fills the air as both sides shake hands, sealing a deal meant to propel your business to new heights. But just as the project starts to gain momentum, an …
In the rapidly evolving legal landscape of Vietnam, legal specialists have become indispensable players in navigating the complex web of compliance and regulatory affairs. As the country continues to integrate into the global economy, Vietnamese businesses and international corporations operating within its borders face a growing array of legal obligations. This is where the expertise …
Trademark Protection in Vietnam How to protect trademark in Vietnam? Trademark protection in Vietnam is initially obtained through trademark registration. Trademark opposition could be filed to prevent a pending application for a mark from being granted application. Litigation is the final measure to handle dispute during trademark protection in Vietnam. Trademark is a sign that …
In the wake of Vietnam’s amended Law on Credit Institutions, banking and finance lawyers in Vietnam have become indispensable allies for clients navigating the complexities of compliance. The new legislation, which strictly prohibits banks from tying the sale of non-mandatory insurance products to the provision of banking products and services, marks a significant shift in …
Navigating the complex world of commerce in Vietnam requires a deep understanding of the foundational principles as outlined by the Commercial Law. This law establishes six core principles which are vital for anyone engaged in commercial activities. These principles form the bedrock upon which trade is conducted, ensuring fairness, transparency, and legal certainty. 6 Principles …
Establishing Representative Office in Vietnam under Commercial Law The Commercial Law regulates conditions for establishing representative office in Vietnam. Accordingly, foreign traders can establish their representative offices in Vietnam under Vietnam’s commitments in international treaties to which Vietnam is a member. A foreign trader cannot establish more than one representative office with the same name …
As Vietnam integrate into the world’s economy, many foreign traders find Vietnam as attractive market to expand to. Before committing full resources to set up a company in Vietnam for commercial and business activities, they might try to set up representative office in Vietnam and research the market, promote the products or services in Vietnam …
Foreign lawyers have been in Vietnam for quite awhile and the good thing is they brought the legal profession in Vietnam to a high level since Vietnam opened up and allowed foreign investors to invest in Vietnam with the Investment Law. However, there are always restrictions for foreigners working in a foreign country. There is …
On November 28, 2023, with 465 out of 494 delegates participating in the vote of approval (making up a percentage of 94.13%), the National Assembly officially passed the amended Vietnam real estate law, which will come into effect on January 1, 2025. This new Vietnam real estate law is a significant legislative project aimed at …
In the era of globalization, establishing a new business in Vietnam can be an attractive venture for many entrepreneurs. The process, known as business registration in Vietnam, has been simplified over the years, yet it still requires careful attention to comply with local laws and regulations. This article will guide you through the process of …
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