Doing business in Vietnam

This is reference to our discussion from which we were requested to advice for a Singapore Investor (hereinafter referred to as “Client”) to set up a 100% foreign invested company manufacturing wood pallet. We are grateful to set our legal services proposal for your review and consideration as follows: 1....

Q: Our company has already a factory in Vietnam and we have a small spare space. One another company wants to use the space after setting up a company. The factory owner already agree on that. The business item is mobile phone parts manufacturer. Is this feasible? A: It shall be only possible...

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

Question: We are Singapore logistic company, we have a question as follow: Can foreign investor set up a 100% owned foreign logistic company (road transportation service)? Answer: It is noted that Vietnam Law officially remove foreign ownership limitation in the logistic services sector. However, this change is only applicable to several...

Question: We are consulting company for product certification in Korea. We are being asked for Cosmetic products registration in Vietnam from our customer. We want to discuss about this agenda including RP arrangement with you. Could you guide us on approximate Cost, Procedure and lead time? Answer:  I am Lawyer of...

SBLaw is a law firm which has large experience in advising on Finance and Banking. With the staff of excellent and skilled lawyers, we has consulted for many domestic and foreign finance organizations, such as: Military Bank (MB), Industrial and Commercial Bank of China (ICBC).

Question: We are interested in establishing of the representative office of our company in Hanoi. My boss has two companies, one is registered in Thailand, the other is registered in Republic of Seychelles, so he wants to know more about the details about setting up a representative office. 1. what kind...

Foreign investor: Dear sir, We are limited company from hongkong and are looking setup my fifth office in Vietnam We already have office in hongkong ,guanghzou.yiwu and qindao We need to ask some information from you to setup trading or service office or representative office first time cost of setup company auditing cost...

Question: We are FDI company and have headquater in Hochiminh City and wish to set up its Branch in Hanoi City to implement the project of distribution of goods that are distributed by our company, please advise the legal procedure? Answer: We, SB Law Company Limited (hereinafter referred to as...

Under Vietnam Law, it does not impose any minimum rate of capital for running shipping agency and forwarding services company. However, the Investor must be responsible for explaining possibility of running such company with his proposed capital. According to our practical experience, an amount of 200,000USD is reasonable rate for...