Announcement of technical regulation conformity procedure for imported construction materials

Situation: I am currently the Director of Construction Company B, which produces and supplies construction materials. We are planning to import high-end tiles for construction and interior design. To ensure that the product complies with Vietnamese legal regulations, the administrative authorities require our company to conduct an Announcement of Technical Regulation Conformity for the product’s […]

Procedures for announcement of standard conformity for construction materials

Situation: We are Company A, a limited liability company specializing in importing and distributing construction materials. Currently, our company is preparing to introduce a line of high-end imported tiles to the market. Based on advice from a relative, to ensure compliance with current Vietnamese legal regulations, we want to carry out the procedures for announcing […]

Controlled testing mechanism in the Banking Sector

On April 29, 2025, the Government of Vietnam issued Decree 94/2025/ND-CP, providing for a regulatory sandbox in the banking sector. This Decree, effective as of July 1, 2025, establishes a legal framework that enables the controlled testing of financial technology (fintech) solutions in a strictly supervised environment. The primary objectives are to promote innovation, modernize […]

SB Law Ho Chi Minh City Welcomes Representatives of Zhuoxin Accountants Limited – Fostering Collaboration to Support Chinese Investors in Vietnam

SB Law Ho Chi Minh City Welcomes Representatives of Zhuoxin Accountants Limited – Fostering Collaboration to Support Chinese Investors in Vietnam

On May 15, 2025, SB Law’s Ho Chi Minh City office had the pleasure of welcoming representatives from Zhuoxin Accountants Limited, a well-established and reputable firm specializing in accounting and business formation consultancy in China. Attending the meeting were Ms. Karen and Ms. Lancy from Zhuoxin, along with Mr. Dinh Hung Minh – Head of […]

Inquiry About LLC Registration for Small Café in Vietnam

Question: I hope this email finds you well. I am interested in establishing a limited liability company (LLC) in Vietnam to operate a small café and would like to inquire about your legal services for business registration. Could you please provide information on the following: 1. Registration Process: What are the key steps involved in […]

Consultation on Conditions, Documentation, and Risks in Profit Distribution and Repatriation of Profits Abroad

Consultation on Conditions, Documentation, and Risks in Profit Distribution and Repatriation of Profits Abroad Question: What documents are required for profit distribution and overseas remittance of profits, and are there any potential risks? Answer:              1. Conditions for profit distribution and overseas remittance of profits a. Preparation of financial statements […]

Consultation on Implementation of New Investment Projects by Established Foreign-Invested Economic Organizations in Vietnam

Consultation on Implementation of New Investment Projects by Established Foreign-Invested Economic Organizations in Vietnam Question: Is it permissible for an existing economic organization to initiate a new investment project? What is the legal basis? Answer: A foreign-invested economic organization that has already been established in Vietnam may implement a new investment project without necessarily having […]

Legal Risks and Penalties Related to Capital Contribution Without Using a Direct Investment Capital Account in Vietnam

Legal Risks and Penalties Related to Capital Contribution Without Using a Direct Investment Capital Account in Vietnam Question: When establishing a project in Province Y, the investor made capital contributions—some were deposited into the investment capital account, while others were deposited into the payment account. Are there any risks involved in this, and what are […]