Foreign ownership

Q&A: Foreign ownership restriction in the transportation sector might be loosened

Q: Do you think there will be a chance that foreign ownership restriction in the transportation sector might be loosened at least towards investors from ASEAN countries following AEC integration? A: According to my opinion, AEC shall not help much in this case. Purpose of AEC is to create an...
Legal supports in assigning capital contribution to a foreign investor

Legal supports in assigning capital contribution to a foreign investor

This is reference to the conservation from which, we understand that your company (hereinafter referred to as “Client”) is now seeking legal supports in assigning capital contribution to a foreign investor. We further understand that after assignment of capital contribution, Client shall focus on distribution of construction materials. We therefore are...

Acquiring or setting up advertising company

Answer: Under Vietnam WTO Commitment, foreign investor is allowed to joint venture with a local company who has been licensed to provide advertisement services in Vietnam.

Transfer 100% equity in International Training Centers to a Vietnamese Citizen

Investor: We have a two 100% owned foreign companies in Hanoi and HCMC. Currently these 2 companies are ‘dormant’ in their activities. We have a local Vietnam individual who intend to buy over the companies and intend to convert it to a local entity. We require lawyers in hcmc and Hanoi...

Legal due diligence report in respect of Vietnamese Entity

Question: We were asked to provide a company (the “Client”, i.e., the Issuer) in preparation for IPO in Hongkong with a consolidated fee quote for acting as the Issuer’s counsel. Because the Client’s primary operating subsidiary is in Vietnam (the “Vietnam Subsidiary”), we will have to work with a Vietnam law...
Business Registration Support

Business Registration Support

Client: My name is Harry and I received your contact details through internet. I'm looking for a lawyer who could assist me and a partner (we're both expats) in registering our online startup. 1. What is the process to apply for the business license? If we make it Vietnamese-owned with...

Legal service for transfering equity in enterprise

Lawyers of SBLAW are pleased to present herewith our Legal Service for trasfering equity in enterprise as follows:

Preparation of Capital Transfer Agreement

This is with regards to your email from which you requested us to prepare Capital Transfer Agreement between you (hereinafter referred to as “Transferor”) and your partners (herein referred to as “Transferee or Transferees”).  Thus, we are pleased to present herewith our Legal Service Proposal for your kind reference. SCOPE...

Possibility of acquiring a cable television service company

Question: We are Singapore investor and would like to acquire a cable televistion service company in Vietnam. Is it possible to do this M&A in Vietnam.

BRIEF INTRODUCTION TO FOREIGN INVESTMENT IN VIETNAM

Under Vietnam Law, foreign investor can run its foreign investment project by either of establishment of foreign invested company or signing Business Co-Operation Contract with local partner or buying in an existing company.