Doing business in Vietnam

With regard to the business line of architecture, according to the commitment of Vietnam to WTO, foreign investor can set up a 100% foreign owned company with detail business lines stated in the CPC 8671

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...

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...

Question: Our company would like to close the foreign representative office in Vietnam. Please quote. Answer: We understand that your company in abroad (hereinafter referred to as “Client”) is now considering closing its Representative Office in Hanoi, Vietnam (hereinafter referred to as “RO”). We therefore would like to send herewith our...

Question: We are foreign company and would like to establish company operating in software programming in Vietnam, please advise? Answer: This is reference to your query on establishment of a 100% foreign invested capital company in Vietnam, from which, we understand that you would like us to advise on establishment of...

Question: Greeting from Thailand. We are a Thai company, manufacturer and brand owner of leading health-herbal food and supplements products, many brands are no.1 in Thailand. Currently, we are in the process of exploring business opportunity to introduce some of our product lines to Vietnam market. We have done in-depth market studies and have...

Question: Hi, I have question: Is it wise for the CEO of a company to also be Chairman of the Board? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Technically, CEO and Chairman are NOT compulsory to...

This is reference to our discussion from which, we understand that you would like us to advise on establishment of 100% Foreign Invested Company (hereinafter referred to as “FIC’) which is owned by Foreign Company (herein after referred to as “Client”) in HCM City. We further understand that upon establishment,...

Question: I am Associate at consulting company, a global strategy management consulting firm. I am writing to you to enquire about your services to understand the regulations on online Higher Education in Vietnam. We’re looking for information with sources on specific laws and regulations in Vietnam to answer the questions. This...