The 2015 edition of Getting the Deal Through – Franchise, a guide to franchising in 29 jurisdictions worldwide, has been published by Law Business Research. The Vietnam chapter of the guide, written by Jim Dao and Tu Ngoc Trinh—registered foreign attorney and attorney-at-law respectively in the Tilleke & Gibbins corporate and commercial team in Vietnam—covers the following topics:
- Overview: Forms of business entities, laws and agencies governing formation of business entities, requirements, restrictions on foreign business entities and foreign investment, taxation, labor and employment considerations, trademarks and know-how, and real estate.
- Laws and Agencies that Regulate the Offer and Sale of Franchises: Requirements, exemptions and exclusions from franchise laws and regulations, disclosure, required information for disclosure documents, obligations for continuing disclosure, enforcement, relief, liability, and fraudulent franchisors.
- Legal Restrictions on the Terms of Franchise Contracts and the Relationship Between Parties in a Franchise Relationship: Relevant laws and regulations, government and trade association policies, terminating a franchise, refusing to renew the franchise agreement, transferring a franchise, interest on overdue payments, restrictions on paying a foreign franchisor in the franchisor’s domestic currency, enforceability of confidentiality covenants, good faith, language of disclosure documents and franchise agreements, restrictions on provisions in franchise contracts, competition law, and dispute resolution procedures.
Getting the Deal Through – Franchise is one volume in a series of annual reports that aim to provide corporate counsel and legal practitioners with analysis of key legal topics around the globe.
Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through – Franchise 2015, published in July 2014; contributing editor: Philip F Zeidman, DLA Piper LLP (US). For further information please visit www.GettingTheDealThrough.com.