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Foreigners across the globe have been flocking to Vietnam since the 1990s to invest in the country. For many entrepreneurs, now is the best time to set up a business in Vietnam because the purchasing power in the country has gone up; and the Vietnamese are ready to spend their money on products and services. …
As you may be aware, incorporating a company in any country can be a difficult process. Especially in Vietnam, where the economic and social growth is on the rise, changes are made regularly in the business sector that opens up opportunities within the market. Foreign investors need to be kept up to date with the …
Doing business in Vietnam in the science and technology sector has never been more appealing. Effective from March 20, 2019, the Vietnamese government has enforced Decree 13/2019 with regard to preferential treatment for science and technology companies in terms of credit incentives, corporate tax cuts and exemptions, and reduction or exemption in water and land …
The first legal entity that comes to most foreign investors’ minds when it comes to doing business in Vietnam is that the only way to make a market presence in the country is by establishing a foreign company. However, this is not always the case. In fact, foreigners can also establish a representative office (RO) …
Due to the fact that 100% foreign ownership is allowed in many business sectors, foreigners are encouraged to make investment through company incorporation. One way to do it is by setting up a foreign company when it comes to company registration in Vietnam. However, in certain sectors, some restrictions still apply to a foreign-owned company. …