Vietnam has become an attractive destination for foreign investors through the establishment of representative offices or branches of foreign merchants in Vietnam to explore the market and conduct certain commercial activities.

Besides the initial establishment procedures, foreign traders need to pay attention to a number of issues regarding the organization and operation of foreign traders' branches.

To operate legally,the branches need to comply with obligations related to operational reporting. So, how is the operation reporting regime of foreign branches regulated?

In particular, regulation related to head of foreign branch in Vietnam is one of the issues that need attention.

Violations of regulations on Licenses for Establishment of Foreign Branch can result in the penalty up to VND 50 million.