Legal justification
1.
Civil Code No.33/2005/QH11 dated 14/6/2005 of National Assembly
articles 480, 492, 500
2.
Law No. 67/2014/QH13 dated November 26 of the National Assembly on Investment
Article 49
Additional information
Foreign investors under BCCs may establish their executive offices in Vietnam for contract performance, and shall decide on locations of these offices to meet contract performance requirements.
Executive offices of foreign investors under BCCs must have their own seals; and may open accounts, recruit employees, sign contracts and conduct business activities within the ambit of their rights and obligations stated in the BCCs and their establishment registration certificates.