The rapidly increasing number of franchisees in many sectors will go against the core principle of a standard franchise model. This issue causes many legal risks to the development of franchise in Vietnam. With the development of e-commerce, new investment channels have appeared. They are becoming more diverse and more attractive to investors when traditional…
Client questions:We are Korean Franchise company and we are about to have our franchise partner in Vietnam. We would like to apply franchise registration. Could you please let me know what i need to prepare for application and get me quotation for this service. Thanks. ASL LAW’s Advice Dear S___, Thanks for your email concerning…
At the end of the 1990s, franchise was still a strange concept to most people in Vietnam. There were no opportunities to enjoy or even see the products and services of the world’s well-known brands in Vietnam. KFC, McDonald, Starbucks and Lotteria were not familiar names for Vietnamese youth. However, this has changed. Now, you…
Converging reputable lawyers and legal experts working in different fields of law in Vietnam and internationally, ASL LAW not only provides a variety of legal services but is also considered a sheet anchor by Vietnamese businesses with trade relations in 22 countries around the world. Vietnam International Law Firm With a team of prestigious lawyers…
(ASL LAW’s interview to Vietnam Investment Review). Converging reputable lawyers and legal experts working in different fields of law in Vietnam and internationally, ASL LAW not only provides a variety of legal services but is also considered a sheet anchor by Vietnamese businesses with trade relations in 22 countries around the world. With a team…
One of the highlights of this draft Law on Investment (amended) in Vietnam is the abolition of 12 conditional business investment lines while 06 lines are added. The draft law is very significant to foreign investors in Vietnam in next time. The business investment lines are removed from the list including: +Service activities of commercial…
RedSun ITI has taken its chain of Truly Viet restaurants to Australia under the franchise model. It has set up a joint venture with an Australian partner to open the first restaurant in Melbourne with a menu that features four popular traditional Vietnamese dishes, goi cuon (fresh spring roll), pho (noodle soup), banh mi (Vietnamese…
At the end of the 1990s, franchise was still a strange concept to most people in Vietnam. There were no opportunities to enjoy or even see the products and services of the world’s well-known brands in Việt Nam. KFC, McDonald, Starbucks and Lotteria were not familiar names for Vietnamese youth. However, this has changed. Now,…
QUESTION: Could you advise what are required documents for recording franchise agreement in Vietnam? Dear Sirs, We are going to franchise our education business model to a Vietnamese party. Do we need to register our franchise agreement in Vietnam? If yes, could you advise what are required documents for recording franchise agreement in Vietnam? …
QUESTION: Also in your experience how long does the whole process take to register the Franchise Disclosure Document (FDD) in Vietnam? When do you think we would be able to sign a master franchise agreement with our franchise prospects? They would like me to try and provide them with a timeline. ASL LAW’s ADVICE…
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