Monday, March 07, 2016 2:05:33 PM
Not enough information to assess this.
If you look at decree 118/2015 it says:
When investing in Vietnam for the first time, foreign investors may choose to either register their investment projects before founding businesses in Vietnam or carry out both procedures simultaneously. It is worthy noting that under Decree No. 118, it takes only 15 days to fulfill procedures for grant of an investment registration certificate, given that the investment project does not require government approval and the investor satisfies all investment conditions,” Tuan said.
So it could take far less time for the subsidiary being started up.
Additionally, they made an agreement with a VN government, so IMO, they will make sure approvals will not take too much time, it's in their interest.
As for the crossbreeding:
We do not know if wnat to crossbreed all of their lines. Do they want to do it with MS? With DS? Maybe not....
Let's hope the Newsletter will give us a better idea...
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