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Doing business in Vietnam

Investment certification procedures under Investment Law

Investors have to prepare these following dossiers to register an investment project in Vietnam:

Regulation about Banking and Foreign Exchange for company in Vietnam

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

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-and-Regulatory1

Foreigner set up company in Vietnam

: I am a foreigner. I would like to know about the costing and procedures to set up a limited company in Hanoi, Vietnam. Company provides services including,
Legal-and-Regulatory1

Acquiring or setting up film producing company in Vietnam

SBLAW would like to provide some information about Acquiring or setting up film producing company in Vietnam as follows:

Set up company of freight transport agency services in Ho Chi Minh City, Vietnam

Question: We would like to set up company of freight transport agency services in Ho Chi Minh City, Vietnam, please advise the legal procedure? Answer: We refer with thanks to your email from which we were requested to advice on establishment of a wholly foreign invested enterprise (hereinafter referred to...

Vietnamese people is allowed to play casino in accordance with the new Decree

On January 16, 2017, the government has promulgated Decree 03/2017/NĐ – CP of casino business. This Decree deals with business, management of the business and administrative sanction in casino business in Vietnam. Decree 03/2017 will take effect from March 15, 2017. 1. Business principles Casino business is business lines subject to...
Register-contractor.

Annual Report to Department of Industry and Trade for Representative Office

Representative Office (R.O) needs to submit in writing the annual report to Department of Industry and Trade by January 30th, 2015.  (Article 19, Decree no. 72/2006/ND-CP detailing the Trade Law's regulation on Rep.Office, Branch of foreign businesses in Vietnam provided that, prior to the final working day of January, R.O has to report...

Running shipping agency and forwarding services company

Under Vietnam Law, it does not impose any minimum rate of capital for running shipping agency and forwarding services company. However, the Investor must be responsible for explaining possibility of running such company with his proposed capital. According to our practical experience, an amount of 200,000USD is reasonable rate for...
investment

The difference between Branch and R.O in Vietnam

SBLAW would like to mention about the difference between Branch and R.O in Vietnam as follows: