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In different countries, franchising activities may be regulated by voluntary self-obligation or mandatory regulatory. What are the main reasons for the introduction of franchise specific regulation? What’s about Vietnam’s approach?

In different countries, franchising activities may be regulated by voluntary self-obligation or mandatory regulatory. What are the main reasons for the introduction of franchise specific regulation? What’s about Vietnam’s approach? PRojj

The Commercial Law 2005 stipulates the conditions of the franchisee when conducting on its own behalf the purchase and sale of goods or provision of services (in defines the concept of franchising), sets the forms of franchise contracts and directs the registration of franchises. The provisions are mandatory. The law sets forth a number of provisions on the rights and obligations of the parties but also stipulates “Unless otherwise agreed”. Thus, the law gives the parties the right to agree to suit the conditions and characteristics of the type of franchise.

The Commercial Law 2005 stipulates the conditions of the franchisee when conducting on its This phrase/word (depending on the context) can be potentially replaced with :possess
own
 behalf the This phrase/word (depending on the context) can be potentially replaced with :acquire
purchase
 and sale of This phrase/word (depending on the context) can be potentially replaced with :productscommoditiesmerchandises
goods
 or provision of services (in defines the concept of franchising), sets the forms of franchise contracts and directs the registration of franchises. The provisions are mandatory. Three successive sentences begin with the same word. Consider rewording the sentence or use a thesaurus to find a synonym.
The
 law sets forth a number of provisions on the rights and obligations of the parties This phrase/word is too simple and can be replaced with:on the contrary
but
also
 stipulates “Unless otherwise
This phrase/word (depending on the context) can be potentially replaced with :acquiesced
agreed
”. Thus
, the law gives the parties the right to This phrase/word (depending on the context) can be potentially replaced with :acquiesce
agree
 to suit the conditions and characteristics of the type of franchise. 