Establish a 100% foreign invested hospital in Vietnam
Hi DMS Attorneys in Vietnam! Can foreign company, foreign investors establish a 100% foreign invested hospital in Vietnam ? Do you provide legal services for setting up a 100% foreign owned hospital in Vietnam ?
Hi!
According to the Vietnam’s WTO Commitments on Services No. WT/ACC/48/Add.2, dated 27 October 2006, for health related and social services:
Hospital services (CPC 9311):
Foreign service suppliers are permitted to provide services through the establishment of 100% foreign invested hospital, joint venture with Vietnamese partners, or through business cooperation contract.
The minimum investment capital for a commercial presence in hospital services is USD 20 million for a hospital.
As such, according to provisions in the Vietnam’s WTO Commitments on Services, there is no limitation on market access for hospital services, except the minimum investment capital for a hospital is USD 20 million. Vietnamese laws currently do not require conditions for investment applicable to foreign investors./.
Consulting services:
Phone: 0914 165 703 or Email: dmslawfirm@gmail.com
Open 100 % foreign invested hospital in Vietnam
| Prepared by: Thi-Ha Nguyen, ACCA | DMS Law firm in Vietnam Director (Signed) Lawyer Do Minh Son |
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