News & Events

Lawyer Services

Investment consultant

Intellectual Property

Dispute Resolution

Home Legal services Investment consultant Doing business in Vietnam

Foreign Investment in Logistics Sector in Vietnam

Foreign Investment in Logistics Sector in Vietnam

Foreign Investment in Logistics Sector in Vietnam

Logistic services under Vietnamese law, are the commercial activities whereby traders/enterprises organize the performance of one or many jobs including reception, transportation, warehousing, yard storage of cargos, completion of customs procedures and other formalities and paperwork, provision of consultancy to customers, services of packaging, marking, delivery of goods or other services related to goods according to agreements with customers in order to enjoy service charges.
The enterprise operating in logistic services must have lawful business registration in accordance with the law of Vietnam and must have adequate facilities, equipment and working facilities and personnel.

A foreign investor cannot incorporate a wholly foreign invested company operating in the logistics sector but only a Joint Venture Company can only be formed with a Vietnamese party.

The proportion of foreign investment shall vary according to the services provided by the logistic service provider. Furthermore, if a foreign investor wishes to invest and own more than 49% of the capital then such legal entity can be formed only on submission of an Investment Project with the concerned authorities.

The capital contribution ratio of the foreign investor shall be as follows:
Type of Operations Allowed Foreign Investment
Services of arranging pickup and loading of goods (into containers) Up to 50%
Goods warehousing and storage services Up to 50%
Transportation agency services Up to 51% (lifted from 2014)
Other subsidiary services including Up to 51% (lifted from 2014)
Maritime transportation services Up to 49%
Internal waterway carriage services Up to 51% (lifted from 2012)
Aviation carriage services Law on Civil Aviation is applicable
Rail carriage services Up to 49%
Road carriage services Up to 51%
Pipeline Conduit services Not permitted unless provided in the treaty to which Vietnam is also a party.

» Starting a business in Vietnam

» Expanding business in Vietnam
Contact: Law Firm - SB Law in Vietnam
Complete contact request: Contact Form
Or Tel: 0983367068 / Send request email: dongtaylaw@gmail.com
- Consulting business law, investment advisory, litigation attorney representing
- Representatives of intellectual property, copyright protection
Contact    Print  Save  Top

Newer articles

Older articles

 

Law firm in Vietnam

Vietnam business Law firm

SB law - Vietnam business Law firm is staffed with lawyers and associates who are capable of providing a multitude of legal services which cover every aspect of doing business in Vietnam. The following are our main areas of practice: Intellectual property, Litigation and Arbitration, Banking,...

Advertising

Tim Kiem google

Login site