ODI / SAFE Circular 37 Filing Cases

Client Enterprise: Hangzhou-based consumer goods company
Investment Structure: The domestic enterprise establishes a newly incorporated Singapore holding SPV, which in turn wholly owns a Vietnam-registered operating subsidiary (cross-border two-tier structure).
Final Destination: Vietnam
Total Investment: $500,000 (USD)
Source of Funds: Internal onshore self-owned funds
Project Purpose: Office leasing in Vietnam, team management, brand promotion, market development, and daily business operations