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.
As we can see in the 31st Southeast Asian Games (SEA GAMES 31), sport culture is increasingly being focused and strongly welcomed, typically, sport activities such as football, bodybuilding, athletics... Through that, many foreign investors realize the potential of this service business in Vietnam. However, they are still confused about the processes, procedures and requirements of establishing a sport activity business in Vietnam. In this article, Phong & Partners would like to provide you information about the orders, procedures and requirements for foreign investors when establishing a sport service business in Vietnam.
Nowadays, with the increasing demand for entertainment, it is not difficult to find places for Alcoholic beverages trading such as bars, pubs, restaurants… Similaring with other goods affect the health of consumers, for example: Tobacco, other alcoholic beverages, alcohol is also subject to a list of these special goods. Therefore, Alcohol trading is subject to the list of conditional business lines stipulated in Law on Investment 2020. Phong & Partners would like to introduce necessary information about “Orders, procedures, applications for issuing necessary licenses when trading in alcohol”.
Tobacco is a special product that is closely managed by the Vietnamese Government. To perform tobacco trading, businessmen have to meet requirements prescribed by law as well as carry out procedures for Tobacco Trading Licenses.
Phong & Partners would like to introduce the orders and procedures to apply for an Investment Registration Certificate and Enterprise Registration Certificate for foreign investment into Vietnam as follows:
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