ACSV Legal advises clients making direct investments into Vietnam. Clients must obtain the correct licenses from the competent authorities and comply with both Vietnamese and foreign legislation.
ACSV Legal advises clients making direct investments into Vietnam. Clients must obtain the correct licenses from the competent authorities and comply with both Vietnamese and foreign legislation. Given that the local Vietnamese laws, regulations and procedures change constantly, are not transparent and complex, ACSV Legal supports its clients during the licensing process and it is essential that we keep our clients updated on these changes.Our sister company Domicile Corporate Services supports with ongoing corporate compliance post-company establishment such as accounting, tax payroll and human resources compliance. For more information see www.domicilecs.com.
ACSV Legal’s lawyers have advised clients in a broad range of sectors. In particular we have advised:
a US footwear component manufacturing company on the acquisition of a new industrial park site located in Binh Duong Province and the setting up of a new investment project as well as on all other ongoing legal matters of the current business.
a food and beverage group on the acquisition of a restaurant chain in Bangkok, Thailand and Ho Chi Minh City, Vietnam, as well as on developing and acquisition of new restaurant concepts in Vietnam.
an FDI health & fitness chain on its expansion and all aspects of its business chain in Vietnam including, but not limited to leases, licences, joint ventures and corporate agreements.
a Japanese integrated beverages company on licences to import their products into Vietnam.
Vietnam is a dynamic country with an economy that continues to grow and modernise and has a lot to offer. It is a unique country and provides extensive opportunities if you are willing to spend the time to understand the market and the people living and working in it.
Since Vietnam has joined the WTO in 2007, investment opportunities in Vietnam have developed immensely. Nevertheless, there are undoubtedly many challenges in doing business here, some of which we will touch upon the main points in our guide “Doing Business in Vietnam".
In this guide you can find information about:
Ways to invest and available incentives;
Types of legal entities you can setup;
The do’s and don’ts of borrowing or lending money;
Competition law, contract law, intellectual property rights law, the labour code and dispute resolution;
What to do in case of insolvency, bankruptcy, or dissolution; and