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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