Protecting Business Interests Through Non-Compete Agreement in Vietnam. 7 Matters

The Labour Code 2019 represents a significant evolution in Vietnam’s labor laws, bringing greater clarity and fairness to various employment matters. Among these developments, the role of non-compete agreements has become particularly relevant, offering a mechanism to safeguard employers’ interests while respecting employees’ rights. In the following, we will explore the concept of non-compete agreements in Vietnam, their legal framework under the updated Labour Code, and the balance they strive to achieve between business protection and la…