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Doing business in Vietnam

Set up a bank 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...

Form a company in Vietnam for foreign export and trading of seafood

Under Vietnam Law, you can establish Foreign Invested Company (FIC) for exporting goods from Vietnam. However, we also would like to note that goods to be exported from Vietnam must not include rare and valuable seafood such as European Otter, hairy-nosed otter, smooth-coached otter, small-clawed cotter and golden coin turtle.

Legal service for formation and operating company in Vietnam

SBLAW assisted a large number of Clients in forming and operating foreign owned companies in Vietnam including but not limited to IBM, ICBC[...]
Set up holding company in Vietnam

Set up holding company in Vietnam

This is reference to our conservation , from which, we understand that you would like us to advise on establishment of 100% Foreign Invested Company in (hereinafter referred to as “FIC’) in Hanoi, Vietnam. We further understand that upon establishment, the FIC shall act as holding company to assist subsidiary...

Amendment of Investment Certificate

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...

Regulation on providing basic telecommunication services in Vietnam

Under the Degree No. 25/2011/ND-CP dated 06 April 2011 of Vietnam Government detailing and guiding the implementation of a number of articles of the telecommunication law, Voice Call and SMS Messaging Service are classified to basic telecommunication services.

Incorporating a business related to English language teaching

Question: I would like some advice about incorporating a business related to English language teaching. Although the business is largely online, it will also be operating in Vietnam, which is where both directors (UK and USA) currently live. I need your help in knowing where to incorporate e.g. in...

Legal support for setting up a company in Vietnam

Investor: Hello SB Law team, I represent a Hong Kong-based charitable organization. We would like to understand our options for setting up a legal entity in Vietnam, based in Ho Chi Minh City. Can your team provide advice on our options and then establish and administer a Vietnamese company for us? I would...

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...
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...