Foreign Investment

Under Vietnam-WTO Commitments, F&B is classified to CPC 642. Accordingly, from 1st January 2015, Vietnam undertakes to open its market for foreign investors to setup foreign invested company for running F&B Business in Vietnam without strict accompanying requirements. According to our practical experience, in the year of 2015, licensing authorities...

Under Vietnam Law, foreign companies can either set up (i) Foreign Invested Company; (ii) Branch Office or (iii) Representative Office in order to expand its market to Vietnam. 1.Foreign Invested Company In Vietnam Foreign Invested Company (FIC) can be divided into two following forms: (i) Wholly Foreign Owned Company wherein Foreign...

SBLAW would like to provide some information about opening restaurants in Vietnam as follows:

Client: Im interested in company formation in Vietnam. Can we incorporate several companies with nonresident director (from Europe, Romanian)? What are the conditions, how much it cost, terms? Can you open accounts for these companies? Can we open accounts in Vietnamese banks for example for Hong Kong companies? Lawyer: Thank you for your email...

Question: I am contacting you because we have a new client interested to setup a manufacturing unit in Southeast Asia. North Vietnam, and in particular Dong Nai, is amongst the options we are currently considering. We are currently looking for a local partner who could assist us with such project. The...

Question: First of all: import-export company and producing company - is it possible for both of these functions - to be combined in one enterprise? Or should we establish two different enterprises with divided functions? Answen: You can setup 01 company with multiple functions including manufacturing and import, export; Question: Can...

It is our understanding that foreign invested company (FIC) was established under Investemtn Vietnam Law with business activities of software development.

Under the provistions of Investment and Enterprise Law of Vietnam, Foreign investors can choose the following available forms of investment in Vietnam:

In case foreign investor intends to set up a wholly foreign invested company in Vietnam for trading goods, we would like to advise as follows: