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Establishing a Representative Office in Vietnam
MultimediaPresenter(s):
So, you want to expand your business presence in Vietnam. How? For starters, you can open up a representative office (RO) in the country, which would get your foot in the door when it comes to exploring the market and conducting business. However, in Vietnam (as in most countries), an RO is limited in its range of operations and is typically used as a stepping stone to test the water before a company decides to establish a legal entity with a larger scope of business, such as a joint venture or a 100 percent foreign-owned entity.
In this podcast, Edward Barbour-Lacey, International Business Advisory for Vietnam, will illustrate the advantages of the representative office in Vietnam and what to do when the RO mission is accomplished.
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