Outer challenges Franchise has appeared in Vietnam since 2006-2007. However, franchise has only been a popular activity seen 2020-10221. At the time, more and more international brands entered the Vietnamese market. The appearance of many famous brands has marked the formation of a franchise market in Vietnam. This poses great challenges for franchisees. Market size…
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 Vietnam. KFC, McDonald, Starbucks and Lotteria were not familiar names for Vietnamese youth. However, this has changed. Now, you…
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…
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…