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Your Guide on How to Run a Retail or Wholesale Business in Vietnam

Vietnam has one of the rapidly growing economies in the world and is ranked the third largest market in Southeast Asia region. Its dynamic and young population, as well as the growing consumer spending, makes the country an exciting place with abundant opportunities. This is particularly true in consumer goods retail market and wholesale business …

Questions and Answers on Company Registration in Vietnam

Vietnam’s dynamic environment for businesses has made it an ideal location for foreigners to start businesses and engage in company registration in Vietnam. This has been reflected in the existing and returning young Vietnamese people overseas but also the influx of expatriates from all over the world. Furthermore, thanks to the government’s wide-ranging support and …

Frequently Asked Questions about Medical Device Registration in Vietnam

Vietnam’s economy is encountering rapid development over the years. Economic growth, demographic transformation, habit changes, and increased income have propelled the healthcare demand throughout the entire country. According to a market research conducted by the World Bank, it was forecast earlier that the healthcare sector in Vietnam would triple in just a decade between the …

How to Set Up a Small Business in Vietnam

Vietnam’s friendly environment, beautiful landscape, and affordable standard of living have long attracted visitors and expats from around the world. From the get-go, the main reason many foreigners choose this place is because of Vietnam’s lower costs and the flexibility of doing business since Vietnam has opened its door to investors. And, the remarkable economic …

Should You Be Investing in Vietnam?

Vietnam carries numerous traits of a tempting investment haven with its strong organic growth, surging middle population, and attractive labour costs. It is even more apparent that there will be a tremendous trade expansion after the signing of the EU Free Trade Agreement and the Trans Pacific Partnership – ready to fuel Vietnam’s economic growth …

Why You Should Establish Your Startup Business in Ho Chi Minh City

Over the past three decades, Vietnam has transformed itself from being one of the least developed regions in the world into one with flourishing economy in Southeast Asia. The dynamic is even more apparent in Ho Chi Minh City. Previously known as Saigon, Ho Chi Minh City is a fast, young, and vibrant city in …

Food and Beverages Registration in Vietnam

Vietnam is one of the most alluring markets in Southeast Asia regions for consumer-oriented business due to its growing middle class, positive demographic dynamics, increasing income and sustainable economic growth. This has been proved by the consumers’ spending power in the country over the past few years. By 2020, 60% of the Vietnamese population will …

EU-Vietnam Free Trade Agreement and Opportunities Offered

In July 2018, Vietnam and the European Union agreed on and finished the legal review of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (IPA). The EVFTA will be translated into 22 official EU languages and the commission will send the translated versions to the Council and the European Parliament for …

Restrictions for Representative Office in Vietnam

One of the legal entities that a foreign company or a foreign investor can establish in Vietnam is a representative office. This type of company formation is an effective way for foreign companies or investors looking forward to analysing the market trends in Vietnam. Thus, a representative office allows a foreign entity to gain a …

Is Local Nominee a Safe Way to Start Business in Vietnam?

A local nominee appointment in Vietnam is a significant ingredient for foreigners who want to do their business in the country. Often, the local nominee is appointed as a shareholder of a company in order to shield the real owner’s identity; it is also used for foreign investors to get involved in business sectors that …