Question:

We are a marketing company. We have branches in Europe and Middle East. Our specialization is telemarketing. We have chosen your company to help us set up company in Vietnam. We are thinking about Hanoi or HCMC. We would like to know how much time it will take and all costs of doing it and etc.

Answer:

This is reference to your email below. I am Lawyer of SB Law. I was entrusted to provide you legal advice regarding to the following inquiry.

Telemarketing is classified to CPC 87903. Vietnam government does not commit to open market for this service to the foreign investor. Then, granting license for foreign investor to run business activities in this field shall be considered on case by case basis.

According to our practical experience, some foreign invested companies in Hanoi were already licensed to carry out this service in Vietnam. However, the license was subject to special approval from Ministry of Industry and Trade and Ministry of Information and Communication.

 

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