Discusses opportunities for U.S. franchisers and legal requirements in the market.
Last Published: 7/10/2018

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.
 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.