Internal Labor Regulations (hereinafter referred to as “ILRs”) is a document issued by an employer, in which its provisions create grounds for employment relationships that employees must implement. According to the Labor Code 2019, ILRs have the following main characteristics: (i) having a form of a document or other forms depending on the number of […]
READ MORE
Contract[1] is a common document in the course of business activities, recording the agreement between the parties on the establishment, change, or termination of their rights and obligations. However, not all of the commercial contracts entered into by the parties are valid. Under the Civil Code of Vietnam (the “Civil Code 2015“), contract is a […]
READ MORE
Recently, Asia Legal assisted a joint-stock company (“Company“) to conduct a transaction to transfer shares of founding shareholders and amend the Company’s Charter. This case is an opportunity for us to learn how to apply the internal management regulations of joint stock companies under the Enterprise Law 2020 in a profound way. Below is the […]
READ MORE
In the course of advising enterprises in Vietnam for their business and conducting legal due diligence on target companies in M&A transactions, we found some legal issues below that many enterprises in Vietnam are frequently involved in. These legal issues construe administrative violations by the Company which are subject to certain fines and sanctions under […]
READ MORE