Doing business in Vietnam

Question:  We are essentially looking to enter Vietnam to offer retail banking services. We haven't yet decided on the entry mode and are open to all possible options ranging from 100% foreign owned bank, joint-venture bank or a foreign bank branch. We are not really sure on pros and...

Investor: Hi SBLAW team, I need your service to set up a Tourism Investments Consulting company in Vietnam. It should be a 100% foreign owned limited liability company. Send me your fees and time duration and what documents you need for the same etc.. Lawyer of SBLAW: This is reference to...

This is with regards to our discussion from which you requested us to advise for Vietnam local company (hereinafter referred to as “Client”) to transfer 100% equity to an foreign Investor (hereinafter referred to as “the Assignee”).  Thus, we are pleased to present herewith our Legal Service Proposal for...

Under the Vietnam Enterprise Law, Road Transportation Services is classified to CPC 7123. Under Vietnam WTO commitment, for road transportation services, foreign investor is required to setup Joint Venture Company in which Foreign Ownership

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

Q: Can I check with you, for Representative Office in Vietnam, can I put PTE LTD or LTD or can not at all? A: Regarding the name of Representative Office in Vietnam, it should be followed the following format: THE REPRESENTATIVE OFFICE OF in Therefore, your representative office will be: THE...

SBLaw will support Client in drafting the Loan Contract which will be signed between a Vietnamese individual or the Company and a foreign individual with the object of this contract is foreign currency.

This is reference to the conservation from which, we understand that your company (hereinafter referred to as “Client”) is now seeking legal supports in assigning capital contribution to a foreign investor. We further understand that after assignment of capital contribution, Client shall focus on distribution of construction materials. We therefore are...

Investor: Dear Sir, I am a UK national and I am evaluating the possibility of establishing a freight forwarding / logistics company in HCMC. This would be on a joint venture basis with a Vietnamese partner. Please advise approximate cost for registering such a company Lawyer: Thank you for your email...

Question: Our company want to employ one people in Vietnam for liaison/ seeking business opportunity. Is it necessary for us to set up a RO for this purpose? What are the details we need to beware if we need to set up a RO/hiring people(i.e. employment contract(MOLISA), tax issues (Personal Income...