- Consulting on conditions, forms and locations of investment; investment incentive policies, tax policies, labor laws;
- Consulting, planning investment project and conducting investment registration procedures in Vietnam;
- Consulting on legal issues during the implementation and operation of project;
- Consulting, conducting procedures for establishment of representative office, branch of foreign company in Vietnam;
- Consulting, conducting procedures for granting and adjusting investment registration certificate, business registration certificate, business license of the conditional business activities.
In Vietnam, investment incentives are given to both domestic and foreign investment projects in a number of business sectors and in certain geographical areas.
Vietnam is one of the countries that is very open in investment relations with foreign investors. As proof, laws on commercial specifically stipulate the business forms available to foreign investors who are interested in establishing a presence in Vietnam. One of those business forms is “Setting up a foreign branch in Vietnam”. This form allows foreign enterprises to open offices in Vietnam to do business similar to their parent company. In this post, Phong & Partners would like to provide legal provisions on requirements, orders and procedures for foreign traders who have desire to establish a branch in Vietnam.
Nowadays, the term “PPP” has become more widely popular in the investment sector in Vietnam, it’s even be codified into Law On Public Private Partnership Investment in 2020. Public private partnership investment refers to a method of investment carried out by the fixed-term cooperation between the State and a private-sector investor through conclusion and execution of a PPP (Public Private Partnership) project agreement in order to call for private investor involvement in a PPP project.
In the economic integration and digital transformation, investors have a wonderful opportunity to develop their businesses outside the territory by establishing representative offices in potential vibrant economic markets around the world. It would be remiss if we did not mention Vietnam - one of the countries with a vibrant and dynamic economic market which is suitable for foreign investors to set up representative offices to promote trade activities, investigate the market before deciding to establish an entity. However, many investors are still confused and wonder “how to set up a representative office of a foreign company in Vietnam?”. In this post, Phong & Partners provides an overview of what is needed to set up a representative office of a foreign company in Vietnam, including requirements, orders and procedures.
When Foreign investors invest in Vietnam, the State of Vietnam shall carry out the following investment guarantee activities:
With a strategic geographical location, a competitive labor force, and a range of cost-saving factors, Vietnam is considered an attractive investment location for foreign investors. In this context, the Vietnamese government has been continually improving business conditions through reform and upgrade of investment incentives, making the country more appealing to foreign investors. We examine what foreign investors can take advantage of including the available tax and import/export incentives.
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