Doing business 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.

Question: I am currently based in Japan in logistics and we are looking at opening a small office in Hanoi with a view to conducting market research, supplier sourcing. Summary of market research, and consulting company. Our role would involve services only, no manufacturing or export at this time....

On January 4th 2021, The Government issued Decree 01/2021/NĐ-CP on Enterprise Registration. Enterprise Registration Dossier Language: Vietnamese In case the dossier contains documents in a foreign language, the dossier must have a notarized Vietnamese translation enclosed with the foreign language document. Personal legal papers: - Vietnamese citizen: Valid Vietnamese citizen Identification card or...

Q: Can a Representive Office open a bank account? If there any amount that need to maintain? A: Yes, the Representative office (R.O) can open bank account, that account is to receive expense from parent comapny only. No need to have any amount to maintain R.O ammount,

Investor: We have a two 100% owned foreign companies in Hanoi and HCMC. Currently these 2 companies are ‘dormant’ in their activities. We have a local Vietnam individual who intend to buy over the companies and intend to convert it to a local entity. We require lawyers in hcmc and Hanoi...

Client: I'm managing an insurance brokerage LLC based in London. I'm advising expatriates with their international health insurance. My clients are expatriates based anywhere in the world and I am paid by commission directly from the insurance companies on my England business account so I don't have money flow outside...

Question: We are Taiwan company and is now seeking legal advices for establishment of wholly foreign invested company  for (i) designing labels and (ii) selling labels in Vietnam, please provide legal advice? Answen:This is reference to the conservation between us, from which, we understand that your company (hereinafter referred to...

Client: Dear Sir, I am working in MLM company. I would like to get advice from u regarding the MLM business in Vietnam. Could u please tell me the step of obtaining MLM license? Also regulation under VN MLM business?   Lawyer: We refer to your emails from which, you requested...

Client: Hello there, I have read about how to open a tour company (an inbound one) from your web-site, now i have this question in my mind. I expect you, as a professional law firm, to inform me about the following please: 1) how much does it cost to get the related...

The establishment of Company (NewCo) requires an Investment Certificate from the licensing authority[...]