Our firm is mostly approached by first-time clients to solve a major business issue they are facing, rather than for recurring routine services. The issues we've helped solve concern a variety of service tasks and categories: [business] licensing (in sectors restrictive or conditional to foreigners), license amendment (related to business scope), business model structuring (for licensing), market research (high-level field interviews or surveys), trade mission (with budget constraints), tax puzzle (tax rate application), In most cases, we were retained by clients for other problem-solving assignments or long-term recurring services in other services areas or tasks. Please check out our clients' success stories for typical cases of our problem-solving capability.
We assist clients through a one-stop integrated solution spanning market research, business matching, licensing, payroll, tax, accounting, compliance, corporate finance, etc. This helps greatly save your time and cost whilst enabling you to optimize these functions.
The tough reality of doing business in Vietnam, which deviates remarkedly from those in more developed, mature economies, requires us to be hands-on and innovative. This helps keep clients legitimate while still meeting their operational objectives or practices.
The founding and management team, being local professionals living and working many years [in international environments] in Vietnam, possesses deep market knowledge and business insights, sound connections, across various industry sectors and government levels.
First consultation is always at no cost. Quick review of your work or scanning your problem(s) is also free. Going to actual engagements, we offer very reasonable fees, which is enabled by our lean operation and hands-on approach, and which is consistent with our SME focus.
Connect the entire business cycle of a firm’s life from market entry to restructuring.
Form a one-stop shop for any start-up or existing business in varied business disciplines.
Dedicate to assisting foreigners (individuals, corporations) doing business in Vietnam, helping them navigate through numerous business difficulties.
Focus on helping SMEs in order to make up for their being less privileged and advantegeous versus giant MNC peers.
Our operations were in the early days and unestablished, encoutering numerous complicated issues while not having any local support staff. Broad business knowledge, strong expertise, attention to detail, fast-paced response, timeliness, going beyond expectations or mandated scope are what helped Frank Morgan LLC stand out. We highly appreciate their licensing [amendment] services, tax & payroll services and various miscellaneous business supports.
Indian fabrics were performing poorly compared to Asian peers (notably Chinese and Korean) in Vietnam's imports for apparel industry. At goverment level, we were making every endeavor for Indian fabrics to penetrate the Vietnam market more deeply. We decided to conduct an extensive market research (including high-level field surveys) on Vietnam's fabric needs, with Frank Morgan LLC's help. The revealed insights helped us greatly in forming up a proper national market entry strategy for Indian fabrics.
I highly appreciated their cross-border M&A skills, specifically the approaches to valuation (international latest practices), identification of international strategic buyers (highly systematic and exhaustive), vendor due diligence, and preparation for management presentation. They managed to bring in a good indicative offer for the so-called distressed sale mandate. I enjoyed working with his team and learned a lot from them.
Vietnam is increasingly becoming a top-choice destination for doing business and investing and catching closer attention from foreign entrepreneurs and multinationals/ international firms. This can be attributed to numerous factors. Yet below are what we believe top 5 reasons with brief description (click + icon on the right for details). For a more comprehensive picture, we strongly encourage you to visit here.
Vietnam has a population of 93 million, about half of which are aged below 30. The population is growing at a steady pace of 1.15% a year, and is being ubranized at a high pace (currently 35% of total population), and simultanenously getting increasingly affluent (with steady increment of disposible income). All of these translate into large consumer markets with strong, consistent growth in market demand for many sectors of goods and services.
Vietnamese people are very open to new things, especially those that represent new lifestyles and convenience. Typical examples are fashion, technology (notably electronic handheld devices), social network, modern trade shopping and entertainment.
Numerous economic and political reforms which started back in 1986, are continueing with strong government determination, under the pressure of bilateral and multinational agreements as well as internal country needs. World Bank, WTO, and ASEAN are playing active roles on this front.
For a developing country, Vietnam has a fairly developed IT infrastructure and has a high penetration of internet usage (39% of population), among the world top 20 countries with high internet users.
No major political unrest or riots have been seen since the country’s liberation and unification in 1975. Crimes are well under control.
Vietnam is estimated to achieve gross domestic product (GDP) growth of 6.79 percent in the first quarter of this year, down against the first quarter of last year, but up against the first quarters of 2011-2017, the country’s General Statistics Office announced on Friday. In terms of economic structure, agriculture, forestry and fishery accounted for […]