Doing business in Vietnam

Representative Office (R.O) needs to submit in writing the annual report to Department of Industry and Trade by January 30th, 2015.  (Article 19, Decree no. 72/2006/ND-CP detailing the Trade Law's regulation on Rep.Office, Branch of foreign businesses in Vietnam provided that, prior to the final working day of January, R.O has to report...

Question: Dear Lawyer, I am operating an investment fund in Vietnam. I am wondering which methods I could choose to call for investment in my fund? Thanks. Answer:  SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: In accordance with...

Question: I want to set-up a foreign-invested company which conducts real-estate management services in Hanoi, Vietnam. Please quote. Answer: We refer with thanks to your conversation from which we were requested to advice on establishment of foreign invested enterprise in Hanoi, Vietnam (hereinafter referred to as the “NewCo”). This NewCo shall...

We refer with thanks to your from which, you requested us to provide legal advice on amendment of Investment Certificate of your company (Hereinafter referred to as “Client”) to add new business line of implementation of import right and trading right against forklift truck (HS Code No. 84279000) and...

Client: I intend set up a company in HCM, as a buying house handling export products out of Vietnam and trading local market, what are the requirments and easy way to set up, thanks Lawyer:This is reference to your message below. I am Corporate Lawyer of SB Law. I was...

Question: We are FDI company in Hochiminh city and would like to amend Investment Certificate with regard to the supplementary of Services in the field of Search Engine Optimizer (SEO, please advise the legal procedure?

Question: Respectfully to attorney, I have a question. Is there any restriction for an investment fund to receive the investment from foreign investors and Vietnamese investors as per Vietnamese laws? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you...

Generally, all foreign investors with established presences in Vietnam will need to open a bank account in order to conduct their business in Vietnam.

QUESTION: Since forming the new company in Vietnam, how to prove the invested capital and how to use them since no need to mark actual deposit to the bank account?