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Build Your Business

We provide meaningful guidance to help you choose the best path for your project, and then do
everything you need to cost-effectively complete the task. A project in any third world country,
including Vietnam, can seem difficult at best.   Whether a 100% foreign-invested project, a joint-
venture or the construction process, building a distribution network or preparing a bid for an E.P.
C. Contract, VNC is able to develop every critical step to establishing your needs in Vietnam.
This includes advice on the best business arrangement, writing and submitting the application
for a license and a business charter, contract negotiations and drafting, site location and
selection, bidding, construction permits, and representation before all government agencies.
If you need market research and analysis, We are available to work with you.

License a Representative Office

A good way to start doing business in Vietnam is to come here, open an office and learn your
own way about. Many elect to visit for a week every few months. We know some who claim to
visit every month. Few actually take the time and effort to take that route, even if the their
offices are in southeast Asia. However, there are folks make that claim.
In our (15th) consecutive year located and working in Vietnam, we know best way to be here is
to be here. It is not a difficult or a costly procedure to start. In many ways, establishing a
Representative Office is easier than seeking an investment license. The formerly large fee
(US$5,000+) has been reduced to VND 1 million (about US$60). The costs come in the being
here, depending on where you place your priorities.
It is said that some Representative Offices need as much as US$ 500,000 a year for rent of
house and office, payment of foreign staff salary packages, and local costs.
The two price system (where foreigners pay multiples of what domestic folks are charged) is
officially sanctioned by the government and more often abused to the great distress of foreign
investors. It is being phased out. But it still exists.
We will help you achieve your goals for much less than others. We can help
you complete the application process for about US$1,000.
You can accomplish most of the paperwork yourself. VNC is always available to help should you
need our expertise.   Two copies of the current official application
form are to be submitted to the Ministry of Trade containing:
•        The original or notarized copy of the charter or other founding
documents of the company;
•        A certificate from the applicants bank, or Annual Financial Statement from the company’s
accountant confirming the prescribed capital of the company;
•        Project or other documents executed and sealed by Vietnamese companies;
Include a summary of your home company. It should show financial and strategic data   and
information about company leaders. This report can be your annual report to shareholders, or
written just to impress the State with the substance of the home company's operations for the
past several years.

Project Costs General Info

VNC is retained on a project basis. Most projects can be completed in a few months
time or less. Fees are negotiable, depending on both the nature (complexity of the situation and
the level of skills needed) and duration of the work required.
Fees are payable as work progresses, and are exclusive of costs. For some
projects, fees can be on a fixed-cost basis. We are flexible and can bill on an
hourly basis that will vary depending on the skills and time required.
VNC will undertake no project for a commission or success fee alone.
When agreed, VNC will share in the start-up risk by accepting a reduced
periodic fee in exchange for a percentage of the project (0.75% to 2.5%)
at the successful conclusion of VNC’s tasks. Most projects require
an initial retainer payment of US$ 3,000 that is credited against services to be performed, and
is accounted for in our monthly statements. Help us to
understand your needs. We will be pleased to supply additional information about our
resources. Of course, the more information you provide to us about your interest and needs in
Vietnam, the better prepared we will be to respond. Following our
consideration of your needs and your evaluation of the services we can provide,
we will give you a project proposal with our fees. Please contact us by e-mail.