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Doing business in Vietnam

Software development service in Vietnam

Question: We are FDI company and would like to design and supply a mobile application for telecommunication operators in Vietnam so that we can distribute value added services to their end users, please confirm whether this service is software development service under Vietnamese law? Answer: We understand that your company...

Amendment of Investment Certificate to include warehousing services

SBLAW understands that Client would like to amend its Investment Certificate to include warehousing services based on un-used redundant leased space area, thus, we would like to advise as follows:

Vietnam Company Registration

Client: We are a commodity trading company based in Singapore. We are planning to open up a subsidiary in Vietnam. We do agriculture commodities such as: cashew nuts, soybeans, corns, sesame, mungbeans, groundnuts. We plan to set up in Ho Chi Minh. Please inform the necessary requirements , services provided along with...
Can-foreign-investor-set-up-a-company-to-carry-out-real-estate-management-service

Regulation on real estate management company in Vietnam

Real estate management service is listed as one of real estate business that foreign investors are permitted to carry out in Vietnam[...]

Requirements applicable to business entities acting as currency exchange agents

Decree No. 89/2016/ND-CP on requirements applicable to business entities acting as currency exchange agents or providing foreign currency receipt and payment services is issued by the Government on July 01, 2015. Accordingly,  a  business  entity  is  entitled  to  act  as  a currency exchange agent only after it is issued with...

Establishment of foreign investment company in Hanoi

Question: We are into extending our company. We are planning to open a company in Hanoi, Vietnam. Requesting you to advice us in this regards. Answer: We understand that Client is now seeking legal advices for establishment of foreign investment company in Hanoi, Vietnam (hereinafter referred to as “FIC”). We therefore...

Information inquiry

Client: I am a representative of the company based in UK. We would like to establish a CJSC in Vietnam with 2 shareholders: one is a person, second is Russian Bank. So my question is if the Bank owner must come to Vietnam in person or he can just...
Acquire 49equity of a pure local company

Acquire 49% equity of a pure local company

This is with regards to our conservation from which you requested us to advise for you (hereinafter referred to as “Client”) to acquire 49% equity of a pure local company (hereinafter referred to as “Vietnam company”). Thus, we are pleased to present herewith our Legal Service Proposal for your kind...
Increasing of charter capital of Joint Stock company in Vietnam

Increasing of charter capital of Joint Stock company in Vietnam

If this joint stock company was established more than 03 years up to now, then any changing relating to its founded-shareholders; shares transfer among founded-shareholders or other person, etc must be declared and recorded in the Shareholder Registration Book of this Company only, without notification to pronvicial Department of...
Regulation of Vietnam on Spam

Regulation of Vietnam on Spam

1.Definition of Spam in Vietnam In Vietnam as well as many other countries in the world, the activity of sending spam is illegal and it is prohibited. Regarding to this matter, Vietnam Government promulgated the Decree No. 90/2008/ND-CP dated August 13, 2008 on anti-spamming (herein after referred to as “Decree...