question and answer
:: Question :: Our company is a listed company on Hanoi Stock Exchange. During our operation, we have technological and business secrets needed to secure absolutely. However, a number of staff who no longer works for our company has known such confidential information. Thus, what should we do to force such staff to keep confidentiality?
Answer:
In principle, when a staff and your company sign a labor contracts, a labor relationship between the employer and the employee will arise. At that time, all rights, duties and responsibilities of the staff in your company should comply with the applicable laws, internal regulations of management of the company, internal labor regulations, the collective labor agreement (if any).
However, the termination of the labor contract also means that the labor relationship between your company and that staff is ended. Now, the relationship between the parties (if any) is purely a civil relationship and governed by the civil law.
The Labor Code regulates that employees working in an enterprise have responsibilities for protection of the property, technological and business secrets of the enterprise. If an employee commits an act of disclosure of technological and business secrets, he/she will be applied dismissal as a disciplinary measure (according to Article 85 of the Labor Code).
In addition to that, Article 129 of the Labor Code regulates that an employee with highly specialized skills and technical qualifications who discloses technological or business secrets shall be liable for payment of compensation for incurred damages.
To control and bind liabilities of the employees on securing business secrets of enterprise after they stop working for your company, your company is able to sign an information security undertaking with your employees. Such undertaking should contain provisions on absolutely securing technological and business secrets after the termination of the labor contract and a level of compensation for incurred damages in case employees commit a breach. This shall be considered as a civil agreement and able to bind the liabilities of the employees upon their leaving.
orther:
- » Question :: I am a member of the Supervisory Commission (the Commission) of a public company which is unlisted and termed from 2007 to 2010. Until now, my term is still valid. In 2009, I was [not] invited to attend any meeting of the company’s Commission. Recently, I also did not attend the Commission’s meeting to produce the Commission’s Report for submission to the General Shareholder’s Meeting (the Meeting) year 2010 on April 9. I was informed that this Commission’s Report was built by the Commissions’ Director (the another member of the Commission also did not attend). I would like to ask you whether the operation of the Commission like that is legal or not? Is the Report mentioned above legal? What should I do to comply with the rights, duties and obligations of a Commission’s member? (01/06/2010)
- » Question :: I am a president of the Management Board (“the Board”) of a public company. As per regulations, the term of the Board, Supervisory Commission (“the Commission”) is five (5) years. Therefore, the first term of the Board, Commission is due on November 2010. However, in order to facilitate the voting of the Board, the Commission in the second term, the Board would like to submit the General Shareholder’s Meeting (“the Meeting”) with the latest on April 19, 2010 for renewal of the first term of the Board, the Commission until April 2011. So, the question is that is the renewal true or not? If the shareholders are not taken opinions directly at the Meeting, can the Board collect opinions indirectly from shareholders in writing? If the Meeting does not pass the renewal, how can the voting of the Board, the Commission be taken in compliance with laws? (31/05/2010)
- » Question :: Our company registers shares at the Securities Depository Central (SDC), but cannot deposit, of which my 10.000 shares. So, can I transfer directly 2.000 shares to my brother and compliment 2.000 shares to my wife? (03/05/2010)
- » Question :: We are a unlisted public company which issued convertible bond (two years term) nearly two years ago. In the coming time, the company will register to list shares in the Ho Chi Minh City Stock Exchange (HOSE). In order to shorten time, will the company be able to conduct this procedure along with converting bonds to shares? (28/04/2010)
- » Question :: In 2009, the price of listed shares of many companies increased continuously. Therefore, such companies were required to provide explanation for such increase. There are many companies used the same explaining contents for different explanation. Please kindly provide the regulations on content of the explanation on increase of price of shares? (21/03/2010)
Tiếng Việt
English





