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Doing business in Vietnam

Foreign ownership

Q&A: Foreign ownership restriction in the transportation sector might be loosened

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...

Question on company formation in Vietnam

Question: Please advise whether it is possible to allow greater flexibility in the business activities of the company in Vietnam (NewCo) to include businesses such as interiors and special projects, construction project management and sourcing services. Please let us know your estimated fee quotation for the company formation. Upon receipt of your reply, we shall...
Open coffee shop in Vietnam

Open coffee shop in Vietnam

Question: I am a USA citizen and would like to open coffee shop in Vietnam, please advise legal procedure? Answen: This is Lawyer of SB Law. We know that you now intend to setup 100% foreign owned company in Hanoi for coffee shop, we therefore would like to send herewith...

BRIEF INTRODUCTION TO FOREIGN INVESTMENT IN VIETNAM

Under Vietnam Law, foreign investor can run its foreign investment project by either of establishment of foreign invested company or signing Business Co-Operation Contract with local partner or buying in an existing company.
Query on Company Formation in Vietnam

Query on Company Formation in Vietnam

Question: We hereby have a client who is a Hongkong company which running business as scientific instrument production for many years, now they intends to develop that business to Vietnam by register a local company, the proposed shareholder (s) & director (s) are all Hongkong residents, the initial scope of activities...
Setting up foreign company

Setting up wholly foreign owned company for trucking business.

Q: We are foreign investor and would like to set up wholly foreign owned company for trucking business, please advise the legal procedure and solution? We understand that your company intend to expand business operation into Vietnam Market through setting up wholly foreign owned company for trucking business. However, under Vietnam-WTO...

Legal retainer services

Question: Our company would like to work with a competent legal entity to regularly consult the day-to-day business operations of the business. Please send a quotation for this service. Answer: We understand that Client requested us to provide legal retainer services. Thus, we are pleased to present herewith our proposal outlining...
legal-news

Online casino in Vietnam

Question: I wonder if you could give me some information (or pass me on to someone that can) about running an online live casino from Vietnam.     I understand that Vietnamese citizens cannot gamble by law but this website will not be accessible by people in Vietnam and will not be...
Brief-information-on-Branch-Office-in-Vietnam

Brief information on Branch Office in Vietnam

Under Vietnam Law, foreign company can also establish the Branch Office to carry out business activities in Vietnam. However, this form is not very popular in practice except for branch office of foreign law firms, foreign bank and insurance company. With respect to the foreign trade companies and foreign tourist companies,...

Step to set up company in Vietnam

Question: I am foreign poeple, I would like to establish a company in Vietnam, please advise which steps I have to follow: Answer: In accordance with Vietnam Law on Investment 2014 and Law on Enterprises 2014, if you are foreign people and would like to set up a company in...