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...

According to Vietnam-WTO Commitments, foreign investor is allowed to setup foreign owned company in Vietnam to provide financial management consulting services (CPC 89502)[...]

Client is willing to engage a law firm on advices regarding establishment of a representative office in Hanoi of foreign company. SB Law is a law firm duly established and operating under legislation in Vietnam that have expertise in the area of investment, real estate, commerce consultation and enterprise assistance....

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

We refer with thanks to your email from which we were requested to advice on possibilities of setting up a subsidiary of Korean company (“Client’) in Vietnam. It is our understanding that your company duly established in Korea and operating business in the field of auto accessories, is considering to...

SBLAW would like to give advice on possibilities of setting up a foreign invested company for doing business of technical testing and analysis in Vietnam as follows:

Client: Dear Sir/ Madam, Our company wants to send email and SMS to its patients (approx. 10,000 – 20,000 patients) to update or inform about FMP’s services.  Our concerns are (i) how to use email tool and SMS to communicate with your patients legally, and  (ii) legal exposures of not...

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?

Question: We are into extending our company. We are planning to open a company in Hanoi, Vietnam. Requesting you to advice us in this regards. Answer: We understand that Client is now seeking legal advices for establishment of foreign investment company in Hanoi, Vietnam (hereinafter referred to as “FIC”). We therefore...

Question: Hi lawyer, I would like to have a question. Is there any investment restriction applicable to the investment activities of foreign invested fund in Vietnam, including through the Vietnamese securities market? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to...