Singapore V. Vietnam’s Laws on Non-Compete Agreements in Employment Relationships

This newsletter provides a glimpse of key differences between Singapore and Vietnamese laws on non-compete agreements in employment relationships. A “non-compete agreement” or “non-compete clause” （hereinafter referred to as an “NCA”） is an agreement or provision contained in an agreement designed to prevent employees （particularly senior employees） from working for competitors of the employer, starting a similar professional enterprise, or trading in competition against the employer. Given globalization’s ever-increasing number of cross-border transactions, it is useful to understand the similarities and differences between Singapore and Vietnam’s laws concerning this important issue.
Despite their common use, neither Singapore or Vietnam law clearly define NCA; each country has a distinct approach to determining NCA validity. In particular, while...To read the full article, please see the PDF file

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Authors

NGUYEN Thi Thanh Huong

Partner
Hanoi / Ho Chi Minh City

Huong started her career at leading local and regional law firms with diversified national and international practices. In 2009, Huong began pursuing a master’s degree from the University of Melbourne, and after doing so, continued her legal career at a number of law firms. Her areas of expertise include M&A transactions, labor law, corporate law, real estate transactions, restructuring and insolvency, and compliance. Huong often advises clients on cross-border M&A deals in relation to real estate, banking and finance, services, and manufacturing. She also regularly supports clients in regard to the formation and registration of internal labor regulations, dealing with labor disputes, labor contract performance, and retrenchment. In addition, Huong assists clients with the incorporation, operation, restructuring, and termination of their businesses in Vietnam, including with respect to day-to-day commercial business, corporate governance, and compliance. In these areas, clients value her extensive experience and detailed knowledge of local laws and culture, as well as her timely, responsive, and effective support.

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