BLUESTAR AMG company said on Thursday that, with the support of GBS — a business and legal services firm in Vietnam, it has received an in-principle foreign-owned enterprise (FOE) license from the Vietnam’s Ministry of Planning and Investment.
The FOE license would enable the company to offer its products and services to businesses and consumers located in Ho Chi Minh City. The license also allows company to broaden and deepen its support for businesses and consumers in other cities of Vietnam.
“Vietnam is one of the fastest developing countries in Asia with huge potential, and a lot of projects have gotten underway.
With the in-principle FOE licence, which has been advised to apply by professional lawyer of GBS, we expect to contribute positively to the development of key business sectors in Vietnam by helping our clients realize the their potentials”. Said James Sutherland, the Representative of BLUESTAR AMG.
Recently, many foreign-owned enterprises from Europe, Asian regions and US highly evaluated Vietnam’s investment environment and incentives and announced plans to expand their business to Vietnam.
“Vietnam continues to be an attractive investment destination for many businesses. Foreign direct investment flows to Vietnam rose to a new record of US$37.6 billion in 2018, up 7 per cent from the previous year. We are happy to support many foreign-owned enterprises all over the world to identify business opportunities and to expand their business operation in the country” said Ms. Sophie Dao, Partner of GBS.
About GBS
GBS is one of the most innovative business law firms in Vietnam with a network across Asia and Europe, the company focuses on the core areas of commercial activity, inclusive of investment consulting, corporate and M&A, employment and dispute resolution. More information about GBS can be found at: https://gbs.com.vn
About BLUESTAR AMG
Found in 2009, BLUESTAR AMG is a British owned, Hong Kong registered group, with the bulk of the operations in Mainland China and with satellite offices across Asia. Its main focus is Financial Planning and Asset Management with additional capabilities in Investment Property and Domestic Insurance. More information about BLUESTAR AMG can be found at: https://bluestar-amg.com