Doing business in Vietnam

On June 11th, 2021, the Ministry of Industry and Trade issued Circular 02/2021/TT-BCT on the Rules of Origin of goods in the UKVFTA Agreement. Accordingly, in order to receive tariff preferences under UKVFTA, certificate of origin must be submitted to the Vietnamese customs authority within 2 years from the time...

Q: Can a Representive Office open a bank account? If there any amount that need to maintain? A: Yes, the Representative office (R.O) can open bank account, that account is to receive expense from parent comapny only. No need to have any amount to maintain R.O ammount,

Question: We are pharmaceuticals company from Singapore, we would like to registered of Products in Vietnam MOH. Please share the quotation for registering one dossiers for one products. Answer: Regarding your enquiries concerning the subject matter, we would like to advise you on procedure and our updated fee schedule in relation...

We are requested us to provide legal advice on incorporation of a local company owned by your company (international telecommunication service provider and operator) with headquarters in London, UK (hereinafter referred to as “FIC”). Upon establishment, FIC shall provide voice call and SMS messaging service using your own service...

SBLaw would like to provide legal advice on possibilities of setting up a foreign invested company providing foreign language training services in Vietnam as follows:

Under Vietnam Law, it does not impose any minimum rate of capital for running shipping agency and forwarding services company. However, the Investor must be responsible for explaining possibility of running such company with his proposed capital. According to our practical experience, an amount of 200,000USD is reasonable rate for...

Question: I write to you to inquire for your services regarding liquidation and dissolution of companies, after having read a thorough article on your corporate website. The Board of our group of companies is currently considering the closing down of the Vietnamese subsidiary, as its commercial launch has revealed to be...

In order to do business in Vietnam, the foreign investor has to obtain the Investment Certificate to set up a company in Vietnam[...]

The applicable laws stipulate about Conditions for doing domestic travel businesses as follows: 1) Having domestic travel business registered at a competent business registry; 2) Having business plans for domestic tourist operations, offering tour programs for domestic tourists; 3) Operators of domestic travel business must have at least three years of experience...

(SBLaw) If client would like to form a Joint Venture company (Newco) for Advertisement Services and Value Added Services in Vietnam, we would like to provide some information as follows[...]