Following the trend of international economic integration, foreigners have been attracted by the benefits to open representative office in Vietnam with minimal investment instead of of doing business in Vietnam through setting up company, acquiring shares in Vietnam enterprise through M&A activity.
At the initial stage, foreign entity would try to research market, undertake due diligence on its clients, buyers, clients, or other business partners therefore many will be interested to open representative office in Vietnam.
The foundation of representative office of foreign entity in Vietnam is governed under Vietnam Commercial Law.
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