Do Electronic Contracts Have the Same Legal Validity as Paper Contracts? How Should Enterprises Store Electronic Contracts to Ensure Their Evidentiary Value?

Question: Our company is transitioning from paper contracts to electronic contracts. Do electronic contracts have the same legal validity as paper contracts? How should the company store electronic contracts to ensure their evidentiary value in the event of a dispute? Answer Under the 2023 Law on Electronic Transactions, a data message cannot be denied legal […]
May an Enterprise Use Customers’ Personal Data to Send Advertising Information? When Is Customer Consent Required?

Question Our company holds customers’ personal data and intends to use such information to send information about products, services, and promotional programs. May the company use customers’ personal data for advertising purposes? In which cases is the customer’s consent required? Answer Since 1 January 2026, the 2025 Law on Personal Data Protection has been […]
A member of a multiple-member limited liability company is permitted to freely transfer their entire capital contribution to a non-member?

A member of a multiple-member limited liability company is permitted to freely transfer their entire capital contribution to a non-member? Question: I am currently a member holding 30% of the charter capital in a multiple-member limited liability company in Hanoi. Due to no longer wishing to continue the partnership, I plan to transfer my […]
Can a Company Authorize an Employee to Sign Contracts on Behalf of the Legal Representative? How Should the Scope of Authorization Be Defined?

Question: Our company intends to authorize an employee to sign contracts with customers and business partners on behalf of the legal representative. Is such authorization legally permitted? How should the scope and duration of the authorization be defined to ensure the legal validity of the contracts? Answer: Identifying the legal representative and their authority Under […]