As you may know, there are no laws or regulations on buying, selling and managing condotels, officetel and these types of property still have not been given red or pink book so far. This could bring many disadvantages for the buyers. We wrote an article on this topic for VIR with the link as below
Below the presentation on Legal Update on Investment in Real Estate 2019
LEGAL UPDATE: Did you know that a court in Vietnam recently upheld the enforceability of a non-compete and non-disclosure agreement ("NDA") between an employer and employee and ruled in favour of the employer?July 23, 2018
For years, employers often require key employees to sign an NDA pursuant to which the key employee would agree not to disclose trade secrets and not to work for a competitor for a certain period of time if the employment relationship ends. These provisions are either set out in a separate contract or are part of the labour contract.
Until recently, the enforceability of these agreements...
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