Doing business 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...

Under Vietnam Law, there is no specific legal instrument promulgating on use of personal data. However, this matter is mentioned in several law instruments of Vietnam like Vietnam Civil Code 2005 and law instruments regarding to electronic commerce and information technology. According to the Article No. 38 of Vietnam Civil...

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...

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...

Our skilled and experienced banking lawyers and consultants with professional ability to access banking and finance policies and practice in Vietnam are equipped with powerful research methodologies and innovative thinking to provide fruitful business results.

This is with regards to our discussion from which you requested us to advise for Vietnam local company (hereinafter referred to as “Client”) to transfer 100% equity to an foreign Investor (hereinafter referred to as “the Assignee”).  Thus, we are pleased to present herewith our Legal Service Proposal for...

Question: I would like to know more on how to open a company also to purchase an apartment in Vietnam after a new legislation passed in 2015 that permits foreigners to buy on lease agreement. In the process of this I presume that I need an account in Vietnam for...

Question: My company would like to set up a foreign invested company for operating international mixed education institution in Vietnam. Please quote. Answer: This is reference to our conservation from which we were requested to advice on setting up a foreign invested company (hereinafter referred to as “FIC”) for operating international...

Question: As we are planning to source more products from Vietnam, we need to build up a local team that can work with 3rd party suppliers to ensure product quality and timely shipment. The initial thinking is that we want to setup a new entity in Vietnam near the Hochiminh...

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[...]