Doing business in Vietnam

(SBLaw) If client would like to form a Joint Venture company (Newco) for Advertisement Services and Value Added Services in Vietnam, we would like to provide some information as follows[...]

Question: Greeting from Thailand. We are a Thai company, manufacturer and brand owner of leading health-herbal food and supplements products, many brands are no.1 in Thailand. Currently, we are in the process of exploring business opportunity to introduce some of our product lines to Vietnam market. We have done in-depth market studies and have...

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...

Logistic services under Vietnamese law, are the commercial activities whereby traders/enterprises organize the performance of one or many jobs including reception, transportation, warehousing, yard storage of cargos[...]

If you (foreign investor) are now considering possibility of forming a wholly foreign invested company in Vietnam. Upon forming, the company shall carryout the trading right over the massage machine and functional foods in Vietnam[...]

1.Definition of Spam in Vietnam In Vietnam as well as many other countries in the world, the activity of sending spam is illegal and it is prohibited. Regarding to this matter, Vietnam Government promulgated the Decree No. 90/2008/ND-CP dated August 13, 2008 on anti-spamming (herein after referred to as “Decree...

Question: We are foreign invested company and established on 2011, we were granted the certificate of Investment registration, now, we would like to amend the content of this document, but in new law, they mentioned the Certificate of enterprise registration, what is the difference between them? Answer: In November 2014,...

Question: We plan to establish a travel agency in Nha Trang. Please quote. Answer: This is reference to your query on establishment of a joint venture company, from which, we understand that you would like us to advise on establishment of a joint venture company operating in travel agencies field (hereinafter...

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...

We are considering now to establish a foreign owned instead of local entity company as Paypal. Can you please advise the procedure and documents needed to submit. Answer: For obtain license to act as Paypal, the minimum investment capital that you have to contribute in Vietnam is 2,500,000USD. After obtaining the Investment...