Get Live Quote Trade and Investment Queensland
Vietnam
Singapore
Thailand
Malaysia
Challenge
Although Vietnamese laws permitted trade offices of foreign governments to be established, it remains uncommon for agencies from state or provincial authorities to establish their own office outside those of the federal government to which they are part. Establishing a trade office for a state government rather than a national government presented a unique set of challenges.
Solution
Acclime Vietnam provided complete guidance and support in the process of formally establishing the Trade and Investment Queensland office in Vietnam, leveraging on our extensive experience with the Vietnamese Ministry of Trade and Investment and other relevant public institutions in country. Our team of experts delivered a comprehensive solution to navigate the specific legal requirements of the registration process, as well the practical aspects of the entity structuring.
Results
In 2021 we successfully registered the establishment of the Trade and Investment Queensland office in Vietnam, which actively supports Queensland-based Australian investors with expert guidance and practical insights on how to take advantage of the Vietnamese market's opportunities. The office is positioned to increase their Vietnam team in 2022, and maximise the impact to the trade relationship between countries.
More case studies from Acclime
Food Source International
During the initial period when Covid hit, many of Food Source's B2B customers in Vietnam reduced purchases given Covid's considerable impact on the hospitality sector in Vietnam. Food Source Vietnam chose to pivot and to accelerate their direct-to-consumer offering, and as an existing client of Acclime Vietnam, they came to Acclime for further assistance.
+4
Global Victoria
Although Vietnamese laws permitted trade offices of foreign governments to be established, the vast majority of offices that existed were established at a national level through embassies and similar. There were very few examples of trade offices for State or Provincial authorities, such as the State of Victoria. There was the further issue that the ministerial and departmental structure of the Victorian Government did not fit the structure envisaged within the Vietnamese legislation permitting the establishment of foreign trade offices.
+4
A market entry shortcut that slowed revenue in Indonesia
At the outset, the company's leadership believed a representative office (RO) would provide a fast and low-risk route into the Indonesian market. With the PT PMA in place, the business could finall...
+4
