Opening branch of foreign invested company in other city of Vietnam
It is possible for foreign invested company (FIC) to setup a Branch in other city of Vietnam. However, it should be noted that in order to run the Branch, FIC must appoint a person as a Director of such Branch. For ease of reference, hereinafter is an overview roadmap of licensing procedures for registration of […]
Registration of transaction office of foreign invested company in Hanoi
It is possible for foreign invested company (FIC) to register a transaction office in Hanoi. However, it should be noted that in order to run the Transaction Office, FIC must appoint a person as a Chief of such Transaction Office. For ease of reference, hereinafter is an overview roadmap of licensing procedures for registration of […]
Law on exportation right of goods of foreign investor in Vietnam
Under Current Vietnam Law on importation and exportation of foreign investor, Vietnam grant exportation rights to (i) Foreign Companies duly established and operating in foreign countries not having commercial representative (i.e. representative office or branch) in Vietnam and (ii) Foreign Invested Company. Having also checked legal instruments regulating on operation of Representative Office and/or Branch […]
Is it possible to set up a a foreign invested company in Ho Chi Minh City to provide trade promotion and management consultation services?
If the foreign investor would like to set up a foreign invested company in Ho Chi Minh City (hereinafter referred to as the “NewCo”) to provide trade promotion and management consultation service, SB Law would like to have some comments as follows: It is possible for foreign investor to setup the NewCo in Ho Chi […]
Termination labour contracts of redundant employees due to organizational restructure in Vietnamese company
In case foreign invested company in Vietnam (FIC) shall have to consider terminating employment of a number of redundant employees due to organizational restructure. Under Vietnam Labour Law, this shall be considered as labour contract termination for the reasons of restructuring of company business. Thus, due to the complicated nature of the work, labour matters […]
Foreign Investment in Logistics Sector in Vietnam
Logistic services under Vietnamese law, are the commercial activities whereby traders/enterprises organize the performance of one or many jobs including reception, transportation, warehousing, yard storage of cargos, completion of customs procedures and other formalities and paperwork, provision of consultancy to customers, services of packaging, marking, delivery of goods or other services related to goods according […]
Direct and indirect investment in Vietnam
The legal framework of Vietnam is largely favorable to both foreign and local investors after Vietnam’s accession to the World Trade Organization (WTO) on 11th January 2007. Both the Investment Law and the Law on Enterprises create a more favorable and clearer legal framework for doing business in Vietnam. Since 1st January 2009, Vietnam has […]
Vietnam formation company providing information marketing services
In this article, we would like to advise on possibility of forming a foreign invested company (hereinafter referred to as the “NewCo”) in Vietnam to provide information marketing services. Under Vietnam’s WTO Commitments, there is no any specific commitment engaged by Vietnam from which Vietnam shall open its market to foreign investors to provide information […]
Vietnam company registration for trading right over the massage machine and functional foods
If you (foreign investor) are now considering possibility of forming a wholly foreign invested company in Vietnam. Upon forming, the company shall carry out the trading right over the massage machine and functional foods in Vietnam. The company (hereinafter referred to as “NewCo” shall locate in Ho Chi Minh City, Vietnam. Obtaining investment Certificate in […]