Setting up a trading company in Vietnam

Question: We are foreign investor and would like to open company for (1) import and distribution (wholesale and retail, without establishment of wholesale & retail outlet) of cosmetic, functional foods and medical equipment and materials; (2) export of pharmaceuticals, oriental pharmaceuticals, functional foods and foods. Please advise legal procedure for us. Answer: We refer with thanks […]

Amendment of investment certificate of trading company in Vietnam

In case the foreign invested company involving with trading activities in Vietnam would like to amend the Investment Certificate, it must submit two following documents:   (i)                Report on traders buying goods for import and (ii)             Consolidated report. We noted that under the Circular No. 08/2013/TT-BCT dated 22 April 2013 detailing the good trading and […]

Setting up a trading company in Ho Chi Minh City

In case client would like to set up a foreign invested trading company (hereinafter referred to as the “NewCo”) in Ho Chi Minh City, we would like to provide some information as follows: 1. Executive Summary about Vietnam law on Investment. Under Vietnam Law on Investment, in order to obtain an Investment Certificate for establishment […]