Doing business in Vietnam

SBLAW would like to update the new policy regarding to Payment Intermediary Service in Vietnam as follow: + Up to now, there are 25 enterprises granted License for providing Intermediate Payment Service. However, after conducting a comprehensive survey, SBV found that not many of them can totally rely on Intermediate Payment...

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...

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?

This is with regards to the conservation from which you requested to advice on possibilities of setting up a joint venture company for providing IT Solution and Software Services (hereinafter referred to as “FIC”) in Hanoi, Vietnam. Therefore, we are grateful to set our legal services proposal for your review...

Question: One of my Korean client want to establish branch in Bac Ninh or other City Vietnam. This company has local company in HCMC but Parent company want to establish another branch in Bac Ninh area or other possible area in Vietnam. The purpose of this branch is such as agency for...

Question: We are USA company and would like to understand clearly the the COSTING of importing over 300 different products from 3 big USA brands. Category:  Skin Care Creams, Lipsticks, Face Powders. Answer: Regarding to cosmetic registration, I would like to brief you key points as follows: - Firstly, you must have...

Question: We are foreign company and would like to establish company operating in software programming in Vietnam, please advise? Answer: This is reference to your query on establishment of a 100% foreign invested capital company in Vietnam, from which, we understand that you would like us to advise on establishment of...

Question: I am writing to you on behalf foreign company based in USA, we are interested in investment in Vietnam and we already found an local company(registered in HCMC), we have negotiate with the owner and want to buy over the 100% share from 2 local shareholders, the company...

Question: I would like to enquire about setting up a foreign owned distribution company in Vietnam ((distribution of tyres). What are the costs like and is there a minimum paid up capital amount. Answer: I am Lawyer of SB Law. I was entrusted to provide you legal advice regarding to setting...