Doing business in Vietnam

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...

Question: Our partner in Vietnam has the chance to import the following fruits through a credible international supplier: Fish, Cashew nuts, wheat, maize etc. They have not imported these products before but have a good network to distribute around vietnam.  Are they able to import? If not, what is...

Foreign Language Education Services is classified to CPC 929. Under Vietnam’s WTO Commitments, with the respect to CPC 929, foreign investor can either setup a wholly foreign invested company or a joint venture company to run its investment project[...]

Question: As we are planning to source more products from Vietnam, we need to build up a local team that can work with 3rd party suppliers to ensure product quality and timely shipment. The initial thinking is that we want to setup a new entity in Vietnam near the Hochiminh...

SBLaw would like to give information for setting up a representative office of foreign company in Hanoi and Ho Chi Minh City (hereinafter referred to as “Company”) as follow:

We are considering now to establish a foreign owned instead of local entity company as Paypal. Can you please advise the procedure and documents needed to submit. Answer: For obtain license to act as Paypal, the minimum investment capital that you have to contribute in Vietnam is 2,500,000USD. After obtaining the Investment...

According to Vietnam-WTO Commitments, foreign investor is allowed to setup foreign owned company in Vietnam to provide financial management consulting services (CPC 89502)[...]

SBLAW would like to mention about the difference between Branch and R.O in Vietnam as follows:

Supplementation of business activities and investment objective is considered as expansion of investment project. According to our practical experience, in case the Foreign Owned Company would like to expand scope of business activities, particularly, the approval shall very much depend on following factors: Audited Income Statement of the Client in...