OPERATION OF BRANCHES IN VIETNAM

1.       Branches are allowed to conduct operations stated in their establishment permits.

2.       Where a branch operates in conditional domains as specified by law, it shall be allowed to operate in such domains only when it satisfies all the specified conditions.

Conditions for business operation means the requirements which branches must satisfy when conducting specific business activities and are expressed in form of business licenses, certificates of satisfaction of business conditions, practice certificates, certificates of professional liability insurance, requirements on legal capital or other requirements set by law on enterprises.

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  Decree No.29/2008/NĐ-CP - View  
  Decree No.139/2007/ND-CP - View  
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