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Nguyen Danh Cong

Nguyen Danh Cong

Member

Vietnamese citizen

Forum

10 posts

Contacts

10

About me

Vietnamese

Lives in Ho Chi Minh City, Ho Chi Minh

Speaks English and Vietnamese

Registration: 08 July 2017

Activity

Nguyen Danh Cong replied to a thread
7 years ago
Gissellelim

Starting a business in Vietnam by Gissellelim

Hi there, My boss is interested in starting a business in Vietnam and there some things that I would like to ask the expats here. 1) Is it possible for a foreigner to start a business in Vietnam? 1a) How long does the whole process take? 1b) ...

Nguyen Danh Cong

Hello, I am lawyer Cong, a Partner of DIMAC Law Firm in Vietnam. I see your post on expat.com, so please see the below for my initial advice for your reference: 1) Is it possible for a foreigner to start a business in Vietnam? Lawyer Cong: It is ... Read More

Nguyen Danh Cong replied to a thread
7 years ago
Guest2394875

Buy property under the name of a Vietnamese citizen? by Guest2394875

I've heard that many people circumvent the Vietnamese restrictions on foreign ownership (technically a lease) of land and/or a house by putting the property ownership in the name of a Vietnamese citizen. On the face of it it seems like a very ...

Nguyen Danh Cong

Hi, please see the below for your reference: As I see that to avoid the complexity and restrictions applied to the foreigner in owning the house in Vietnam, it is quite popular that the foreigner accepts the risk to put the house ownership under ... Read More

Nguyen Danh Cong replied to a thread
7 years ago
AParker

Looking for an Attorney by AParker

Looking for a Vietnamese attorney that speaks English and Vietnamese and specializes in Real Estate.

Nguyen Danh Cong replied to a thread
7 years ago
khalilgasser

Start business in Vietnam by khalilgasser

I'm living in Vietnam since 3 years working for Japanese company , I love to stay here for along so ,after my contract finish next year planning to start small business. I'm curious to know what are the best ideas to start a business and is ...

Nguyen Danh Cong

Hello Khalilgasser, Thank you for your love to my Vietnam. As a policy to attract the foreign investor to invest in Vietnam, you are welcome and encouraged to do business in Vietnam. However, it is noted that there still is a difference between ... Read More

Nguyen Danh Cong replied to a thread
7 years ago
Jennieskimkr

Investing in cosmetic clinic by Jennieskimkr

I want to invest in establishing a cosmetic surgery clinic in Ho Chi Minh? What conditions and procedures do I need to set it up? Please, email me if anyone know. Thanks all so much.

Nguyen Danh Cong

Hello, Regarding the conditions and procedures to set up a cosmetic surgery clinic in Vietnam, kindly refer the following for your information and consideration. Setting up a cosmetic surgery clinic in Vietnam by a foreign investor is governed by ... Read More

Nguyen Danh Cong replied to a thread
7 years ago
Aikile

Opening a joint bank account with family member in Vietnam by Aikile

Does anyone know if it is possible for me to open up a bank account with my aunt in Vietnam? She is a Vietnamese citizen while I am not.

Nguyen Danh Cong

Hello, As my best of knowledge, some banks in Vietnam is allowed to open bank account under the co-holders mode. If this is a case, for the payment transaction, it is required to have the living signatures of all co-holders. If not, a power of ... Read More

Nguyen Danh Cong replied to a thread
7 years ago
Nguyen Danh Cong

The permitted forms of investment by the foreign investors in Vietnam by Nguyen Danh Cong

Under the laws of Vietnam, the foreign investor is allowed to conduct the following investment forms in Vietnam: 1. Setting up the 100% foreign invested company wholly owned by the foreign investors; 2. Cooperating with a Vietnamese person to ...

Nguyen Danh Cong

Hello Madam, Thank you for your nice reminder. My post aims to share my knowledge to locals and expats here. As per your advice, I also register my name in business directory. Thank you again. Nice day. Nguyen Danh Cong Read More

Nguyen Danh Cong replied to a thread
7 years ago
pratikshabhanti

Query about registering a business in Vietnam by pratikshabhanti

Hello Everyone, I want to start a service related business in Binh Dinh province. I am looking at proceeding with registering my company in the next few days. Could anyone tell me if it's better (in terms of time for registration completion, ...

Nguyen Danh Cong

Hello, As normal, subject to the business activity that the foreigner intends to do, they select the option that they will facilitate and fund a reliable Vietnamese person (the 鈥淭rustee鈥) to set up a local company wholly by such ... Read More

Nguyen Danh Cong created a thread
7 years ago

The permitted forms of investment by the foreign investors in Vietnam

Under the laws of Vietnam, the foreign investor is allowed to conduct the following investment forms in Vietnam: 1. Setting up the 100% foreign invested company wholly owned by the foreign investors; 2. Cooperating with a Vietnamese person to ... Read More