Open Representative Office in Vietnam is a Tool to Research the Market.
For the first time, foreign enterprises entering the Vietnam market, the primary purpose is understanding the market, undertaking research on clients, or due diligence on their business partners, distributors, monitoring the performance of buyers and being familiar with the Vietnam market.
The Establishment of Representative Office in Vietnam Turns Out to Be the Most Effective Option Both of Cost and Time.
The representative office in Vietnam is an effective tool to promote commercial activity, seeking partners, and increasing opportunities to expand business market in Vietnam. Further, the representative office in Vietnam follows more simple procedures for licensing in Vietnam than establishing entity in Vietnam. The cost to open representative office in Vietnam is less than to set up a company in Vietnam. Accordingly, the process has been taken less time which is more favorable for foreign traders.
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