Banking and Finance

Question: Respectfully to attorney, I have a question. Is there any restriction for an investment fund to receive the investment from foreign investors and Vietnamese investors as per Vietnamese laws? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you...

Client: I am a representative of the company based in UK. We would like to establish a CJSC in Vietnam with 2 shareholders: one is a person, second is Russian Bank. So my question is if the Bank owner must come to Vietnam in person or he can just...

Question: Hi, I have a question: Can the investment fund remit the profit back to their foreign investors (subject to fulfilment of all tax obligations in Vietnam)? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: In terms...

In case that foreign investors want to bring the investment capital or benefit of the investment out of Vietnam, it is highly recommended that the cash flow should be sent from abroad to a Vietnam Company’s account.

Decree No. 89/2016/ND-CP on requirements applicable to business entities acting as currency exchange agents or providing foreign currency receipt and payment services is issued by the Government on July 01, 2015. Accordingly,  a  business  entity  is  entitled  to  act  as  a currency exchange agent only after it is issued with...

Question: We are a commercial foreign bank having branch in Vietnam and would like to seek a law firm in Vietnam, please advise this? Answer: Further to our discussion from which we were requested to provide legal retainer services to Commercial foreign Bank in Vietnam  (hereinafter referred to as “BANK”),...

Generally, all foreign investors with established presences in Vietnam will need to open a bank account in order to conduct their business in Vietnam.

Since its establishment, SBLaw has been an important partner in the banking industries, serving many banking and non-banking credit institutions in Vietnam. Our highly skilled and experienced [...]

Question: Dear Lawyer, I am operating an investment fund in Vietnam. I am wondering which methods I could choose to call for investment in my fund? Thanks. Answer:  SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: In accordance with...

SBLAW would like to update the new policy regarding to Payment Intermediary Service in Vietnam as follow: + Up to now, there are 25 enterprises granted License for providing Intermediate Payment Service. However, after conducting a comprehensive survey, SBV found that not many of them can totally rely on Intermediate Payment...