Doing business in Vietnam

Question: Hi lawyer, I would like to have a question. Is there any investment restriction applicable to the investment activities of foreign invested fund in Vietnam, including through the Vietnamese securities market? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to...

SBLAW would like to provide the foreign investor some information about establishment of representative office (RO) in HoChiMinh City, Vietnam as follows:

This is with regards to your email from which a Korean Company (hereinafter referred to as “Client”) requested us to assist in setting up foreign invested company, (hereinafter referred to as “FIC”) in Vietnam. We further understand that upon establishment, FIC shall carryout import and supplying equipments or spare parts...

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...

Question: We want to set up joint venture company which is owned by Singapore Logistic Co., Ltd and a Vietnamese Partner in Binh Duong Province. Upon establishment, our company shall carry out business activities in the field of: (i) Transportation Agency; (ii) Warehouse Service; (iii) Forwarding Service; (iv) Loading Services;...

So far SBLaw has successfully obtained the Representative Office License and supported R.O’s matter for ROCK SOLID SHEDS (Australian investor); FITI TESTING AND RESEARCH INSTITUTE (Korean investor); UBM (Thailand investors); TOHKEMI (Japanese investor); LEVI’S (Levi Strauss Global Trading Company – Hong Kong Investor); TRI HK (Hong Kong Investor); NETRUNNER SYSTEMS PRIVATE LIMITED, (Singapore Investor,), PEGASUS ( Singapore...

After obtaining the Establishment License for the Representative Office (RO), RO needs to implement the post-licensing procedure as follows[...]

Question: We are a commercial foreign bank having branch in Vietnam and would like to seek a law firm in Vietnam, please advise this? Answer: Further to our discussion from which we were requested to provide legal retainer services to Commercial foreign Bank in Vietnam  (hereinafter referred to as “BANK”),...

Since its establishment, SBLaw has been an important partner in the banking industries, serving many banking and non-banking credit institutions in Vietnam. Our highly skilled and experienced [...]

Question: May I know which taxation needs to be declared if establish a RO  in Vietnam. Your help will be much grateful. Thank you. Answer: Under Vietnam Law, a representative office does not involve with business activities for purpose of making profit. Then, except for declaration of personal income tax for...