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SimonLee

SimonLee

Active member

American expat in Vietnam

Forum

34 posts

Contacts

40

About me

American

Lives in Ho Chi Minh City

Registration: 12 November 2015

Activity

SimonLee replied to a thread
8 years ago
haileenguyen

Essential services to start a new business in Vietnam by haileenguyen

Hi there! Im a Vietnamese American. I have been doing business in Vietnam for 5 years. Vietnam offers plenty of investment opportunities though, it is still a developing country which has not gone beyond its limitation and incompleteness in ...

SimonLee

Hi there! You can find real estate for rent in the following link: http://batdongsan.com.vn/english In short, you should not directly work with the landlord in Vietnam. You can ask a law firm to represent and negotiate the rent when you have ... Read More

SimonLee replied to a thread
8 years ago
Le Quoc Khuong (Mr K)

Korean community in Vietnam by Le Quoc Khuong (Mr K)

Dear all members, Do you know any Korean community in Vietnam to contact for business? Hope to hear from you, guys soon. Many thanks, Khuong

SimonLee

You should contact KoCham (Korea Chamber of Commerce and Industry in HCMC), 47 Nguyễn Cư Trinh, 1, Hồ Chí Minh, 08 3920 5853 Read More

SimonLee replied to a thread
8 years ago
Whos_your_Addy

XBOX360 Accessories by Whos_your_Addy

So here's the funny thing, I brought my XBOX 360 from America and didn't use a power converter when I turned it on. Sadly it burned out the power box. I was wondering if anyone know where I can purchase an XBOX 360 power chord so I can get ...

SimonLee

My gaming friend had the same problem and went to Halo, 92 Pasteur St, District 1 for an adapter. Good luck! Read More

SimonLee replied to a thread
8 years ago
Guestposter822

foreign ownership of property - any visa benefits ? by Guestposter822

hi, just wondering if a foreigner buys a property does it give him any benefits when it comes to visas ? I know in Australia the Chinese gain permanent residency and eventually citizenship via purchasing Australian assets to a certain value. Does ...

SimonLee

Panda7: You can set up a company, which in turn buys the property. This gives the investor a couple of benefits: 1. investor's visa (as owner of company); and 2. benefits of an enterprise as a project vehicle to purchase the property. Read More

SimonLee replied to a thread
8 years ago
blunders

Non Bank Loans less than 100million VND by blunders

Hello Does anyone know what the usual interest rates are on amounts less than 100 million VND? A relative is being offered a short term loan at 10% a month interest on a loan of 100million VND It's not from a bank. Was told it's a friend ...

SimonLee

Don't get sucked in by such promises of high interest for loans. This kind of "informal credit" is common in the provinces, but usually on much smaller amounts (i.e. 200,000- under 5,000,000). 10% is rather high. Read More

SimonLee replied to a thread
8 years ago
youngor

Vietnam , too severe policy for foreigners over bank account by youngor

Vietnam has too severe policy for foreigners to open account in bank in Vietnam,foreigners can only hold cash in hand,not allowed to make deposits in bank account.This policy will frighten foreigners to remit money from abroad to Vietnam, which is ...

SimonLee

It's not as difficult as people claim it to be. Sure, it may take a while to set up in person. But, if you have the appropriate paperwork, it's a breeze. Read More

SimonLee replied to a thread
8 years ago
L&JHaNoi

Moving to Vietnam, HaNoi, to open a Daycare... Help!! by L&JHaNoi

Hello all!! My name is Laura and I am 29 years old. My boyfriend and I are moving to be closer to his family in Vietnam next year. My plan is to open up an all day child daycare. I plan to teach some English and do my best to stand out from the ...

SimonLee

You should first get professional advice and check to see if you're even allowed to open a daycare centre as a foreigner. There will be a number of conditions to get the license, as well as a minimum financial requirement. Read More

SimonLee replied to a thread
8 years ago
sofimofi

Any legal advisors here? by sofimofi

Hello, I wanted to know if anybody is or knew any legal advisors I can speak with? It's about starting business as a foreigner in Vietnam and I wanted to know the entitlements and the prohibitions that I have as a foreigner... Thanks, Sofia

SimonLee

Do you offer service in starting up NPO in Vietnam?You might want to check out Decree 96/2015/ND-CP which was recently passed. Good luck! Read More

SimonLee replied to a thread
8 years ago
DannyWielink

All you can eat? Ho Chi Minh by DannyWielink

Hello everyone, I was hoping someone knows a good all you can eat sushi place in Ho Chi Minh. I like to eat a lot but I hate having the price displayed on every sushi since I think it ruins the experience. If anyone knows a good place, please let ...

SimonLee

MGallery (Hotel Des Arts) has fresh sashimi and sushi as part of their buffet at Saigon Kitchen. Read More

SimonLee replied to a thread
8 years ago
Nhung11281

Lawyers and accountants needed by Nhung11281

Hello everyone, I am looking for lawyers and accountants with good experience of setting up a foreign-based company in Vietnam. Please contact me personal message exchange. ** I thank you for your time and look forward to responses. Nhung

SimonLee

Thank you. I have tried to contact more than a few via e-mail to establish an NPO but no response.For my business in Vietnam, I've teamed up with a reliable international lawyer who's honest and commercially savvy (does not merely recite the ... Read More

SimonLee replied to a thread
8 years ago
VanRoss

making a small business in HCMC by VanRoss

Anyone made a small business in VN? How'd that go? Advice? Warnings?

SimonLee

I have seen successful businesses both large and small in HCMC set up by expats. Common reasons for their success are: 1. Enough capital or planned reserves to last through any lean times (i.e. well-capitalized) 2. Good local partners or trusted ... Read More

SimonLee replied to a thread
8 years ago
David Boyd

Expat Business man by David Boyd

I wish to run my business from VN, I will earn no money in VN, it will all be Australia based but would pay a few staff members. Would this make it easier for me to obtain a 12 month visa?

SimonLee

David: Setting up a representative office is the way to go for you. Read More

SimonLee replied to a thread
9 years ago
obrien49

Seeking Pencil Sketch Artist by obrien49

I would like to find an Expat or Vietnamese (student or mature) artist with an ability to sketch animal subjects for part time, hourly paid, regular assignments. Rough pencil outline or concept sketches needed do not require detail. Only proper life ...

SimonLee

Hi obrien, Please contact me - my friend is a sketch artist who can sketch in detail or rough. Message me and I can send a couple of samples of her work. Read More

SimonLee replied to a thread
9 years ago
j5uh

Do foreign investor require a certificate to invest in Vietnam? by j5uh

I'm working with a potential business partner in Vietnam and they keep saying that I need to obtain some sort of certificate or permission from the states that I can invest my own money into a business in Vietnam. This is a restaurant business ...

SimonLee

JSuh: you need an investment certificate for a "project" to invest in Vietnam. Do you have an offshore company or in the US? There are many ways to structure such an investment into Vietnam both legally and practically speaking. Read More

SimonLee replied to a thread
9 years ago
summer78

How to Open a company in Ho Chi Minh by summer78

please every one do you know how to open a company here in VN (HCMC)? office, better way, everything... please help me to understand about it regards

SimonLee

For a foreign-invested company, it will depend on the business line - whether ot not it is conditional or committed to under Vietnam's commitments to WTO (e.g. media, telecom are conditional ...). Some are permitted but regulated and need ... Read More