After Miss Mai Phuong publicly announced the termination of her management contract and said that she had worked for nearly two years but had not received remuneration, V-MAS Co., Ltd. issued a press release on the afternoon of July 19 to respond to information from the beauty.
According to V-MAS, the two sides signed an artist management contract from August 1, 2024. The company said that Mai Phuong and her lawyer have worked many times to review the terms before signing and understand the cooperation mechanism, in which the investment and training phase will not generate remuneration if it does not generate profit.
This unit said that it has spent more than 14 months investing in training Mai Phuong, including vocals, choreography, bodybuilding, image building, album production, showcase and communication. According to V-MAS, by October 31, 2025, Mai Phuong will officially debut as an artist, and the first commercial activities will take place in December 2025.
V-MAS believes that in the previous period, the artist did not generate revenue, so the fact that remuneration has not arisen is consistent with the agreement between the two parties. The company also confirmed that it has supported Mai Phuong with a monthly living advance according to the proposal from the family from November 2025.
Regarding Mai Phuong's claim that the company turned investment costs into "debts", V-MAS affirmed that this is just a financial reconciliation activity to prepare for a new project, not to require artists to pay debts.
According to the company, the contract stipulates that the artist's remuneration is calculated based on a percentage of profit after deducting all production, operation and investment costs. V-MAS said that the current revenue from Mai Phuong's activities has not yet compensated for the initial investment, so no profit has been generated to be divided according to the contract.
Regarding Mai Phuong's unilateral termination of the contract, V-MAS said that the official letter sent by the artist on June 9, 2026 only requested clarification of some financial issues and the company responded on the same day, and at the same time requested the two parties and lawyers to meet to resolve it but did not receive cooperation.
According to V-MAS, by July 10, 2026, the company received a notice of unilateral contract termination from Mai Phuong and had a written protest because it believed that the termination basis was not appropriate. After that, the company did not receive any further feedback until the beauty announced her independent operation.
Previously, on the evening of July 18, Mai Phuong affirmed that the termination of the contract was carried out in accordance with the procedures stipulated in the contract and law. The beauty said that the company had violated the obligation to pay remuneration, and expressed surprise that after nearly two years of working, she had not received any income other than a small advance.
Currently, each party maintains its own views. The next developments of the case will depend on the dispute resolution process between the two parties or the ruling of the competent authority if the case is brought to trial and resolved according to legal regulations.
