Doing business in Vietnam

SBLAW would like to provide you some information on setting up wholly foreign invested company (Hereinafter referred to as “FIC”) for conducting import and export agricultural products in Ho Chi Minh City as follows: 1. General Comments The establishment of a FIC in Vietnam requires an Investment Certificate from the licensing...

(a) Export processing enterprise means an enterprise that is established and operates in an export processing zone or exports all its products and operates in an industrial zone or economic zone.

We understand that currently you is looking for a professional law firm to carry out the registration procedure of a science and technology enterprise. Therefore, we are grateful to set our legal services proposal for your review and consideration as follows: Scope of works Our scope of work shall be...

Question: Dear sirs, warm greetings! I am helping my friends (individual fintech investors) to setup a legal entity in Vietnam. The business is about online microlending. Something similar to Cashwagon and Tima.vn. I couldn't find enough details about such type of activity in SBV's knowledge base or elsewhere. Do you have...

QUESTION: Since forming the new company in Vietnam, how to prove the invested capital and how to use them since no need to mark actual deposit to the bank account?

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...

Question: We are pharmaceuticals company from Singapore, we would like to registered of Products in Vietnam MOH. Please share the quotation for registering one dossiers for one products. Answer: Regarding your enquiries concerning the subject matter, we would like to advise you on procedure and our updated fee schedule in relation...

We refer with thanks to your email from which we were requested to advice on possibilities of setting up a wholly foreign invested company (hereinafter referred to as “FIC”) for web and software development, design in Hanoi, Vietnam.  Therefore, we are grateful to set our legal services proposal for...

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,