Banking and Finance

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

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: Dear Attorney. May I have a question as follows: May foreign investor(s) establish an investment fund in Vietnam? If yes, (i) what is the possible form of that foreign invested fund, and (ii) what is the procedure to establish this fund? Answer: SB Law appreciate your interest in our...

Our skilled and experienced banking lawyers and consultants with professional ability to access banking and finance policies and practice in Vietnam are equipped with powerful research methodologies and innovative thinking to provide fruitful business results.

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.

SBLaw will support Client in drafting the Loan Contract which will be signed between a Vietnamese individual or the Company and a foreign individual with the object of this contract is foreign currency.

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: 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”),...

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...

Client: I'm managing an insurance brokerage LLC based in London. I'm advising expatriates with their international health insurance. My clients are expatriates based anywhere in the world and I am paid by commission directly from the insurance companies on my England business account so I don't have money flow outside...