In the era of new-generation Free Trade Agreements such as EVFTA, CPTPP, and RCEP, the playing field for Vietnamese businesses is no longer confined within national borders. Integration brings “oceans of opportunity” with preferential tax rates and huge consumer markets. However, behind that glamour lie turbulent currents fraught with legal risks.
In Vietnam, many businesses are so focused on revenue figures that they forget that a weak legal foundation can destroy all their business achievements after just one international lawsuit.unmarketable.Legal security is no longer a cost, but a vital infrastructure for businesses to operate and thrive safely.
I. Legal Risks in the Modern Era
Integration is not just about selling to the world, but about accepting and complying with global rules. The following risks often lead to bankruptcy or serious losses for businesses:
1. Loopholes in international trade contracts
Many businesses still have the habit of using rudimentary standard contracts or accepting terms from foreign partners without thorough assessment.
- Applicable Law and Dispute Resolution Body:Accepting the laws or court system of a foreign country can leave businesses completely vulnerable when conflicts arise.
- Unfavorable clause:Regulations regarding exemptions from liability, penalties for violations, or force majeure conditions that are incompatible with international practices often put Vietnamese businesses at a disadvantage.
2. Compliance risks and multinational legal barriers
Each market has its own unique set of regulatory “barriers.” Businesses can easily stumble because of:
- Data protection regulations:If doing business with the EU, non-compliance with the General Data Protection Regulation can result in fines of up to 20 million euros or more.4%total global revenue.
- Taxes and Transfer Pricing:Strict regulations against tax base erosion and profit shifting make corporate tax optimization plans vulnerable to legal violations if not professionally structured.
3. Complete loss of intellectual property (IP) abroad.
The story of major Vietnamese brands being registered as trademarks abroad before even entering those markets is nothing new. The lack of a strategy to protect intellectual property rights, trade secrets, and industrial designs on an international scale causes businesses to lose their core competitive advantage and costs millions of dollars to regain their rights.
II. Safe legal solutions ecosystem: Prevention – Treatment – Support
We don’t just provide legal services, we build alegal safety ecosystem. Three layers of protection for comprehensive business security.
Group 1: Risk prevention solutions
“Prevention is better than cure” is our guiding philosophy. We help businesses build a “shield” right from the start:
- Contract Review & Negotiation:We partner with businesses in designing robust international contracts and selecting intelligent arbitration clauses to ensure optimal benefits.
- Cross-border Investment & M&A Structure:Providing advice on safe market entry models, optimizing tax structures, and complying with foreign exchange controls.
- Protecting Intellectual Property Globally:Register trademarks and industrial designs in target markets and establish mechanisms to protect internal trade secrets.
Group 2: Dispute Resolution Solutions
When conflicts arise, speed and strategy are crucial. We employ a flexible resolution process:
- Prioritize soft solutions:Utilize commercial negotiation and mediation to preserve partnerships and save costs.
- International Commercial Arbitration:We represent businesses in litigation at reputable arbitration centers. We have a particular strength in assisting with the enforcement of foreign arbitration awards in Vietnam and vice versa.
- Security at the Courthouse:Our team of experienced lawyers is ready to defend your business’s interests at all levels of court with sharp legal insight and in-depth industry knowledge.
Group 3: Long-Term Partnership Solutions
We serve as a top-tier “In-house Counsel” for businesses:
- Regular consultations:Addressing all legal issues arising during daily operations.
- Internal training:Training staff on skills in reading and understanding international contracts, adhering to business ethics, and preventing corruption.
- Risk warning report:Regularly updating businesses on changes in international law and new FTAs allows them to adjust their business strategies in a timely manner.
III. Value Received: When Legal Capability Becomes a Competitive Advantage
Why do the world’s leading corporations always allocate large budgets to legal matters? Because they understand that the value received far outweighs the cost:
- Complete peace of mind to focus on business:The management team no longer has to worry about legal “time bombs,” allowing them to focus 100% of their energy on innovation and market expansion.
- Increase brand value and trust:A business with a strong compliance foundation will have easier access to international capital, attract investors, and build a solid reputation with global partners.
- Protecting assets and profits:Preventing massive administrative fines, avoiding lawsuits that cost millions of dollars, and protecting intellectual property integrity.
- Optimizing Trade Agreements:We help you maximize the tariff benefits from FTAs by ensuring compliance with strict rules of origin and technical standards.
IV. It’s time to equip businesses with legal resources.
Integration is a marathon, not a sprint. To successfully reach the finish line on the international stage, Vietnamese businesses need to shed their “take it as it comes” mindset regarding legal matters. Let us be the architects who build a secure foundation, helping your business ship confidently set sail and break through powerfully.
CONTACT OUR LEGAL STRATEGY EXPERTS
Contact information:
- Hotline: 0979 133 955
- Email: info.bbiac@gmail.com
- Address:No. 25 GS 01 Street, Tay B Quarter, Dong Hoa Ward, Ho Chi Minh City, Vietnam