Retail, training, leisure, healthcare, beauty-care, children’s providers, and lifestyle-oriented businesses are other rising franchise segments. According to those laws, a foreign franchisor is permitted to franchise in Vietnam without establishing a business entity in Vietnam. However, a international franchisor is required to have been in enterprise for one yr prior to franchising in Vietnam. A Vietnamese main franchisee should also have been in enterprise underneath the overseas franchisor for one 12 months previous to sub‐franchising in Vietnam. A overseas franchisor registers its activities with MOIT, while an area franchisor registers with the provincial Department of Industry and Trade.

Related Posts

Leave a Reply