Navigating debt collection in Vietnam presents unique challenges due to the country’s legal framework that prohibits the registration and operation of debt collection services as a business line. Despite this, businesses must still find ways to recover outstanding debts to maintain cash flow and financial health. The following explores how companies can effectively manage Vietnam …
Copyright and Related Right in Vietnam Under the Law on Intellectual Property ? What is Copyright in Vietnam? Copyright is stipulated in particularly in Civil code, Law on Intellectual Property, and other laws. Copyright means rights of an organization or individual to works which such organization or individual created or owns. Copyright shall arise automatically …
Setting up a representative office in Vietnam is considered one of the simplest forms of investment in Vietnam for foreigners. Setting up a Representative Office in Vietnam under Vietnam Laws The representative office will help the foreign trader to lease office, hire people, open bank account, and promote the business activities in Vietnam market. …
In the operation of the enterprises, the arising of bad debts could be unavoidable. However, in order to be able to file lawsuit and collect debts and minimize bad debts in practice, there are still many difficulties. Currently, the debt recovery litigation procedures according to the provisions of the law still encounter many challenges and …
During the course and development of any enterprise, encountering bad debts is an inevitable challenge. However, the reality of debt collection practices in Vietnam reveals various difficulties and inefficiencies. While businesses seek more efficient strategies, the current debt collection practices in Vietnam are riddled with legal complications and inadequacies. It’s crucial for businesses to find …
Register Industrial Design in Vietnam Industrial design protection in Vietnam Industrial design is the outward appearance of a product embodied in three-dimensional configuration, lines, colors or a combination of such elements. An impressed appearance shall increase the value of products, the attraction to customers and the distinction from other same products. In fact, however, appearances …
The debt recovery process in Vietnam is challenging as any other countries in Southeast Asia. As Vietnam continues to attract foreign investment due to its rapid growth and strategic location, many businesses face difficulties when dealing with unpaid debts. We need to first agree, each country is different. One can not apply the similar approach in debt …
Assignment of a trademark right means the transfer of ownership right by owner of such trademark right to another organization or individual. Trademark assignment in Vietnam be established in the form of written agreement. Oral agreements, letters or telegrams shall not be accepted and have no legal effect. Recordal of Trademark Assignment in Vietnam Required documents of …
In Vietnam, many businesses today have not paid sufficient attention to trademark protection. Only when their trademarks would be infringed by other companies or competitors, they really concern to protect their trademarks and business to engage Trademark Registration Services in Vietnam for Vietnam trademark registration, trademark opposition or take further actions i.e. IP litigation. Such …
Debt collection has always been a complex and sensitive process, but in Vietnam, it has become even more challenging due to recent changes in the law. Since early 2021, traditional debt recovery services have been banned in Vietnam, forcing businesses and creditors to rely on alternative means for debt collection. This legislative shift has heightened …
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