Doing business in Vietnam

This is reference to our discussion at our office on last week, from which, we understand that you would like us to advise on establishment of 100% Foreign Invested Company (hereinafter referred to as “FIC’) which is owned by foreign company (herein after referred to as “Client”) in Vietnam. We...

On June 11th, 2021, the Ministry of Industry and Trade issued Circular 02/2021/TT-BCT on the Rules of Origin of goods in the UKVFTA Agreement. Accordingly, in order to receive tariff preferences under UKVFTA, certificate of origin must be submitted to the Vietnamese customs authority within 2 years from the time...

Question: I am Associate at consulting company, a global strategy management consulting firm. I am writing to you to enquire about your services to understand the regulations on online Higher Education in Vietnam. We’re looking for information with sources on specific laws and regulations in Vietnam to answer the questions. This...

We refer with thanks to the conservation from which we were requested to provide legal advices regarding to amendment of certificate of operation of a branch office of a foreign invested company in Hanoi to reflect change of address (hereinafter referred to as “Client”). We, therefore, are grateful to...

Question:  Our company is a Vietnamese company, 100% invested by Singapore Mother Company. We are planning a closure of this company (liquidation) and would like to receive a legal opinion as well as performance fee and proposal for the service of company liquidation. Issues on legal opinion How to close the company...

Question: We are a HongKong incorporated company with 51 years in business. We would like to establish a Rep Office in Vietnam and at the same time we would like to know the pro's and con's between Rep Office and 100% fully owned company in Vietnam.

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...

The applicable laws stipulate about Conditions for doing domestic travel businesses as follows: 1) Having domestic travel business registered at a competent business registry; 2) Having business plans for domestic tourist operations, offering tour programs for domestic tourists; 3) Operators of domestic travel business must have at least three years of experience...

Question: Dear Attorney. May I have a question as follows: May foreign investor(s) establish an investment fund in Vietnam? If yes, (i) what is the possible form of that foreign invested fund, and (ii) what is the procedure to establish this fund? Answer: SB Law appreciate your interest in our...

Under Vietnam Law, foreign investor is allowed to setup the Foreign Invested Company (FIC) in Vietnam for conducting business activities for profit making purpose[...]