Doing business in Vietnam

SBLaw advises clients in the areas of life and non-life insurance related to legal compliance, employment law, corporate governance and internal policies of insurance enterprises. Our lawyers conduct research, review and develop Operating Guidance and policies and provide legal opinion on compensation liability for insurance claims of customers and policyholders...

Question: We are foreigers (2 person) and we want to start on with trading company in Vietnam with very little capital in the beginning to test market it so someone suggested to start a company local in the name of Vietnamese whom we trust. Point is that we can start on...

SBLAW provides legal advices for establishment of wholly foreign invested company (hereinafter referred to as “FIC”) for (i) importing and trading industrial machines and (ii) providing maintenance and warranties services for customers in Vietnam as follows;

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 Vietnam, Foreign Invested Company (FIC) can be divided into two following forms: (i) Wholly Foreign Owned Company wherein Foreign Investors shall own 100% capital of the Company and (ii) Joint Venture Company wherein Foreign Investor shall jointly setup company with at least one local partner. Generally, foreign investor is...

On January 16, 2017, the government has promulgated Decree 03/2017/NĐ – CP of casino business. This Decree deals with business, management of the business and administrative sanction in casino business in Vietnam. Decree 03/2017 will take effect from March 15, 2017. 1. Business principles Casino business is business lines subject to...

Under Vietnam Law, there is no specific legal instrument promulgating on use of personal data. However, this matter is mentioned in several law instruments of Vietnam like Vietnam Civil Code 2005 and law instruments regarding to electronic commerce and information technology. According to the Article No. 38 of Vietnam Civil...

Client: Dear sir, How are you, I want to open a trading company in Vietnam. Please suggest me how you can help me with this. Lawyer of SBLAW: This is reference to your conservation below. I am Lawyer of SB Law. I was entrusted to provide you legal advice regarding to...

The establishment of the foreign invested company (hereinafter referred to as the “NewCo”) requires an Investment Certificate from the licensing authority[...]

On Jan 24, 2017, The Government has promulgated Decree 06/2017/NĐ – CP on betting business of horse race, dog race and international football. This Decree will take effect from March 31, 2017 and therefore the betting business of horse race, dog race and international football will officially legalized. Some...