Providing complete guidance for establishing Trade and Investment Queensland office in Vietnam.

Establishing a trade office for a state government rather than a national government presented a unique set of challenges. Below is the story of how Acclime Vietnam got the job done.

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Tiq
  • Client industry:
    Government agency
  • Services:
    Representative office

Trade and Investment Queensland is the Queensland Government’s dedicated global business agency, helping Queensland exporters take their products to world markets and promoting Queensland as the perfect place for investment.

With Vietnam’s growing importance to Australian trading landscape, Trade and Investment Queensland made a decision to expand their presence into Vietnam. On the back of recent trade agreements to which both Vietnam and Australia are parties, and with growing bilateral trade, Vietnam represented an important and necessary market for TIQ to establish a formal trade office.

The challenge.

Although Vietnamese laws permitted trade offices of foreign governments to be established, it remains uncommon for agencies from state or provincial authorities to establish their own office outside those of the federal government to which they are part.

Our solution.

Acclime Vietnam provided complete guidance and support in the process of formally establishing the Trade and Investment Queensland office in Vietnam, leveraging on our extensive experience with the Vietnamese Ministry of Trade and Investment and other relevant public institutions in country.

Our team of experts delivered a comprehensive solution to navigate the specific legal requirements of the registration process, as well the practical aspects of the entity structuring.

The result.

In 2021 we successfully registered the establishment of the Trade and Investment Queensland office in Vietnam, which actively supports Queensland-based Australian investors with expert guidance and practical insights on how to take advantage of the Vietnamese market’s opportunities. We look forward to Trade and Investment Queensland to increasing their Vietnam team in 2022, and maximising the impact to the trade relationship between countries.

Other client stories.

Not sure where to begin?

Schedule a free 30-minute consultation
on starting & managing your company
in Vietnam.

Matthew Lourey, Managing Partner
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+84 28 3535 8200 (HCMC)

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