Franchise has appeared in Vietnam since 2006-2007. However, franchise in Vietnam has only been a popular activity since 2019-2021. At the time, more and more international brands entered the Vietnamese market through franchising. Outer challenges affect franchise The appearance of many famous brands has marked the formation of a franchise market in Vietnam. This poses…
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 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…
QUESTION: Franchise in Vietnam: Can we accept a deposit from our potential buyers which will be credited towards to master franchise fee? Dear Pham, Hope you are doing well. Happy New Year to you. A client of mine who is in the franchise consulting business has a client he is assisting that is interested in…
QUESTION: Franchise in Vietnam: Could you brief requirements and process of franchise registration in Vietnam and provide us a quotation if we decide to engage your firm for this matter? I am from an international franchising company and would like to inquire about franchise registration in Vietnam. Could you please brief the requirements and process…