Business Ethics
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The Intersection of Corporate Misconduct and Regulatory Enforcement
- 23 September 2024
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- by Stephen Le
As regulatory bodies worldwide tighten their oversight, businesses are finding themselves under increasing scrutiny for corporate misconduct. Whether it’s addressing unethical financial practices or ensuring compliance with environmental regulations, the consequences of misconduct can be severe. For companies operating across multiple jurisdictions, navigating these varied legal landscapes requires a proactive approach, especially as global cooperation among regulators intensifies. This article offers an analysis of the latest trends in regulatory enforcement and provides actionable insights on how...
The Legal Fallout of Corporate Corruption and Bribery
- 23 September 2024
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- by Stephen Le
When corporate corruption and bribery come to light, the aftermath can be devastating. Businesses found culpable for engaging in or enabling such practices face not only financial penalties but also severe reputational damage and legal challenges that can disrupt operations for years. As regulators strengthen their enforcement actions, businesses are increasingly vulnerable to legal repercussions that extend far beyond simple fines. Understanding these risks and preparing for the legal fallout is essential for companies to safeguard...
Is Imitation Truly the Best Form of Flattery?
- 22 August 2024
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- by Stephen Le
Regrettably, we have noticed a growing trend of blatant imitation by some local firms in Vietnam, which undermines the authenticity of our brand and devalues our hard work. While imitation is a form of flattery, this is not the kind of flattery we are looking for. To our incredible clients and thriving legal community, we appreciate your continued trust and support as we uphold the highest standards in our work. Thank you for journeying with us.
Corporate Responsibilities For Processing Personal Data And Precautions
- 11 June 2024
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- by Vania Van
Enterprises in the role of managers, collect, control, supervise, and process employees’ personal data to manage and enter . This means that the enterprise is not only performing the functions of the Personal Data Controller but also the Data Processor, deciding the means of data processing, and creating initiative and responsibility in the process of managing personal information. This also means forcing enterprises to comply, ensure transparency, fairness, and safety in the management of employees’ personal...
Decision No. 11/2022/QD-PQTT Requesting Cancellation of Arbitral Award in Contract Dispute for Sale and Purchase
- 10 April 2024
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- by Vania Van
Decision No. 11/2022/QD-PQTT Requesting Party: THB Limited Liability Company Related Party: GMA Company Regarding: Request for the annulment of an arbitral award in a contract dispute for sale and purchase Facts of the case: The GMA Company and the THB Limited Liability Company respectively entered into the following contracts: Sale and Purchase Contract No. THB/GMA/001 dated July 10, 2020, with a value of 219,000 USD (Contract No. 001), Sale and Purchase Contract No. THB/GMA/002 dated July...
Tax Evasion in Vietnam
- 08 December 2023
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- by Stephen Le
There is a relatively crude saying that death and taxes are the only two certainties in life. While most of us know that taxes are important, there is still a sizable percentage of people who evade their taxes, whether intentionally or otherwise. In this article, we talk about all things relating to Tax Evasion in Vietnam to help you stay on top of your tax obligations.
7 Unique Things About the Legal Profession
- 17 January 2023
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- by Stephen Le
What is it truly like to be a lawyer? We spill the beans on 7 things you may not know behind closed doors. We recognise every job carries with it its unique challenges. We are not complaining, just sharing the ins and outs of the job. Read more here: https://letranlaw.com/insights/legal-profession-behind-closed-door/
Is Knowing the Law the Most Important Trait in a Lawyer?
- 14 July 2022
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- by Stephen Le
What is your ideal lawyer? A cool, savvy, charismatic person…or an incredibly intelligent subject matter expert? We share what we think is the most important trait in a lawyer. Read our expanded thoughts here: https://letranlaw.com/insights/lawyer-ethics-and-professionalism-in-vietnam/ Or read through our summarised PDF below.
There Is Always Some ‘Good’ in ‘Bad’ and Some ‘Bad’ in ‘Good’
- 29 June 2022
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- by Stephen Le
Are you confused yet? Life is rarely straightforward. You can almost always find the “good” in bad circumstances and the “bad” in good circumstances….or people… or things. There is always a principle of yin and yang at play. Like anger. Anger in itself is not a bad emotion, even though we tend to categorize it as a not-so-good emotion (not in the “feel-good” category anyway). But emotions are neutral and how we respond to it is...
Lawyer Ethics & Professionalism in Vietnam
- 02 December 2021
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- by Stephen Le
A Lawyer is a professional whose services are valued, not only for their competence and capacity, but also in regard to their trust and prestige. Therefore, in addition to proficiency in the law, Lawyers must obey ethical standards while protecting the legitimate rights and interests of their clients in order to deserve the confidence and esteem of society. This is the reason that most countries in the world have a separate system of rules governing the...