Vietnam - FranchisingVietnam - Franchising
Franchising is no longer a new business concept in Vietnam, and has been gaining popularity over the last decade. Major U.S. brands are now appearing in considerable numbers and Vietnam has developed a few of its own franchise brands.
Decree No. 8/2018/ND-CP issued on January 15, 2018, provides the legal basis for franchising operations, outlining key definitions and requirements of franchise agreements, as well as regulations for the administration of franchises. Companies wishing to utilize a franchise model should consult with qualified legal counsel for the latest franchise laws and regulations. Please see the Franchising Sector under Best Prospects of this report for additional information on franchising.
Vietnam Franchising Business Management