Consultation on the Retail Rights of an Enterprise with an Alcohol Distribution License

Question: Our company has been granted a liquor distribution license. Currently, we are selling liquor by bottle to individual customers and retail stores, without opening bottles to sell by the glass, as in bars. Is this business model in compliance with the contents of our license? With our existing liquor distribution license, are we allowed […]

ESTABLISHING A 100% FOREIGN-OWNED COMPANY IN THE FASHION RETAIL SECTOR

I am a foreign investor planning to establish a single-member limited liability company (100% foreign-owned) in the field of fashion retail in Vietnam (including clothing, footwear, accessories, etc.). According to current Vietnamese laws, am I allowed to establish a 100% foreign-owned single-member LLC in this sector? If so, what legal procedures must be followed, and […]

After the merger of provinces and communes, is a company required to register a change of its address due to changes in administrative boundaries

Question: Recently, many localities across the country have implemented the merger of provinces and communes to streamline the administrative apparatus. This has led to changes in administrative boundaries, raising several legal questions for businesses. Therefore, I would like to ask: Is a company required to register a change of its business address when administrative boundaries […]

Post-Tax Profit Distribution in a Foreign-Invested Company

After the company earns a profit, we wish to distribute the profit to the capital-contributing members. Are there any regulations we should be aware of? Answer: The distribution of profits in a limited liability company with foreign investment must comply with the following principles: 1.1. Conditions for Profit Distribution: According to Article 69 of the […]

MINING & QUARYING

GDP From Mining in Vietnam increased to 235921 VND Billion in the third quarter of 2016 from 148434 VND Billion in the second quarter of

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MANUFACTURING

With slowing economic growth and rising labor costs encroaching on the profitability of traditional Chinese manufacturing operations, Vietnam has a emerged as a destination of

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INFORMATION & COMMUNICATION

1. Overview Since the “Doi Moi” or Renovation were introduced in 1986, the Information and Communications sector has quickly affirmed its position in the soci-economic

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ELECTRICITY, GAS, STREAM

Vietnam is endowed with abundant natural energy resources, including crude oil, coal, hydropower, goethermics, bio-enery and solar energy, and nuclear energy is planned for the

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CONSTRUCTION & ARCHITECTURE

The need for infrastructure development of an emerging economy has driven up the demand in the construction market over the last two decades, especially in

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OPEN BUSINESS ENVIRONMENT

By adopting Economic and Politic reforms called 'Doi Moi' and 'renovation', from one of the poorest country with per capita income around USD100 in 1986,

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NATURAL RESOURCE

Since it began offshore oil exploration in the 1970s, Vietnam has become a net exporter of crude oil, while gas and petroleum reserves, coal reserves,

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ECONOMIC STRENGTH

Vietnam remains one of the fastest-growing Asian economies with high GDP growth in recent years, based on the power of FDI & the private sector.

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Business cost

I-Starting a Business No. Procedure Associated Costs 1 Check the proposed company name; obtain a business registration certificate as well as a tax registration certificate

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