Doing business in Vietnam

SBLAW would like to provide some information on possibility of establishment of 100% foreign-invested company in Ho Chi Minh City, Vietnam as follows: A.   SPECIFIC QUERIES ON ESTABLISHMENT OF A LIMITED LIABILITY COMPANY I.   SETTING UP A 100% FOREIGN-INVESTED COMPANY IN HO CHI MINH CITY It is our understand that...

Investor: Dear Sir, We are a private company in Korea. The company’s business is to help people who want to move and live in another countries so called emigration service.   Now they want to setup a company and do the same business in Vietnam.   1.     Is it possible by Foreigner and/or Foreign...

Investor: Dear sir, We are textile group company engaged in cotton ,cotton yarn ,fabric and garment business. we started to develop vietnam market 3 year ago, and now our company want to establish a agency in vietnam .. so can you give me some advice !? Expect to have your...

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...

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...

Investor: We are currently looking into changing our structure from a rep office to a wholly foreign owned  Vietnamese company. Can you run me through step by step what needs to happen if we decide to proceed. I thought you would be the right person to know. Lawyer of SBLAW:Thank...

Question: Our partner in Vietnam has the chance to import the following fruits through a credible international supplier: Fish, Cashew nuts, wheat, maize etc. They have not imported these products before but have a good network to distribute around vietnam.  Are they able to import? If not, what is...

Under Vietnam Law, foreign investor is allowed to setup the Foreign Invested Company (FIC) in Vietnam for conducting business activities for profit making purpose[...]

Question: I am Associate at consulting company, a global strategy management consulting firm. I am writing to you to enquire about your services to understand the regulations on online Higher Education in Vietnam. We’re looking for information with sources on specific laws and regulations in Vietnam to answer the questions. This...

Question: My company want to enlarge the import ranges. Please quote. Answer: - In this case, in order to supplement goods to be imported and distributed, you shall have to obtain Business License from Hanoi People Committee. Generally, in order to obtain this, it shall take you about 45 working days...