Doing business in Vietnam

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,

Investor: Dear Sir, We are a private company in Korea. The company’s business is to help people who want to move and live in another countries so called emigration service.   Now they want to setup a company and do the same business in Vietnam.   1.     Is it possible by Foreigner and/or Foreign...

Representative Office is an option for Foreign Investor who wishes to conduct market research, trade promotion etc in Vietnam. Depending on business sector of the parent companies abroad, conditions and procedure for setting up representative office in Vietnam may be different. Up to now, Vietnam Law only stipulate conditions and procedures...

Question: We are Hongkong investor and would like to set up a factory at Industrial zone in Vietnam, please advise the required documents and legal fee? Answer: SBLAW would like to advise this case as follow: We understood that you would like to setup a factory in Quang Minh Industrial Park....

We understand that your company (hereinafter referred to as “Client”) is now seeking legal advices for establishment of Representative Office in Vietnam (hereinafter referred to as “R.O”). We therefore are grateful to present you our Legal Services Proposal for your review and consideration. 1. Scope of works of sblaw Following works are...

Question: We are foreign invested company and established on 2011, we were granted the certificate of Investment registration, now, we would like to amend the content of this document, but in new law, they mentioned the Certificate of enterprise registration, what is the difference between them? Answer: In November 2014,...

Client is now seeking legal advices for closing Representative Office in Hanoi, Vietnam (hereinafter referred to as “R.O”). We therefore are grateful to present you our Legal Services Proposal for your review and consideration. 1. PROCEDURES FOR CLOSING RO  Under the Vietnam’s Decree No. 72/2006/ND-CP of the Government stipulating details...

Investors have to prepare these following dossiers to register an investment project in Vietnam:

This is with regards to the conservation from which you requested to advice on possibilities of setting up a joint venture company for providing IT Solution and Software Services (hereinafter referred to as “FIC”) in Hanoi, Vietnam. Therefore, we are grateful to set our legal services proposal for your review...

Question: We are Singapore logistic company, we have a question as follow: Can foreign investor set up a 100% owned foreign logistic company (road transportation service)? Answer: It is noted that Vietnam Law officially remove foreign ownership limitation in the logistic services sector. However, this change is only applicable to several...