Doing business in Vietnam

Question: As we are planning to source more products from Vietnam, we need to build up a local team that can work with 3rd party suppliers to ensure product quality and timely shipment. The initial thinking is that we want to setup a new entity in Vietnam near the Hochiminh...

In Vietnam, Foreign Invested Company (FIC) can be divided into two following forms: (i) Wholly Foreign Owned Company wherein Foreign Investors shall own 100% capital of the Company and (ii) Joint Venture Company wherein Foreign Investor shall jointly setup company with at least one local partner. Generally, foreign investor is...

Question: I wonder if you could give me some information (or pass me on to someone that can) about running an online live casino from Vietnam.     I understand that Vietnamese citizens cannot gamble by law but this website will not be accessible by people in Vietnam and will not be...

Question: We are a commercial foreign bank having branch in Vietnam and would like to seek a law firm in Vietnam, please advise this? Answer: Further to our discussion from which we were requested to provide legal retainer services to Commercial foreign Bank in Vietnam  (hereinafter referred to as “BANK”),...

Question: Currently,  we want to set up a company in Vietnam with 100% capital from Singapore.  As far as what I know, you are a service supplier in this field, please give me a guideline for the regulating conditions, the process in sequence, some notes and expected costs. I am looking...

This is reference to your requirement, from which, we understand that currently you (hereinafter referred to as “Client”) is looking for a professional law firm to establish domestic company. Therefore, we are grateful to set our legal services proposal for your review and consideration as follows: Scope of...

Question: We are Singapore company and would like to set up entity in Vietnam. We will focus on freight forwarding business and out-source local transportation / warehousing / Customs Declaration as well as other local activities to local vendors. In other words, the entity in Hai Phong will not physically...

Question: I would like to incorporate a new company in Ho Chi Minh City owned by my USA company. This new company in Vietnam will be a service provider, consulting services & quality control, and will hier around 5-6 people in Vietnam at the beginning. The local company director &...

Question: We are Bristish Virgin Islands (BVI) company and would like to register a branch in Vietnam. Please advise if it possible to register a Branch in Vietnam? Do you provide registered office address or he needs to rent one? What documents will you require for the company and director. Your fees for...

Foreign invested company (FIC) shall be the best choice for foreign investors if they wish to run business activities in Vietnam.