Blog: doing business in vietnam

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A Guide to Company Restructuring in Vietnam

When doing business in Vietnam, regardless of the size of a company, the company may need company restructuring when the company grows or certain business circumstances occur. Company restructuring may also indicate that business owners realize the necessity for a change of their business in order to expand or even survive in this ever-evolving and …

How Can a Business Agreement in Vietnam Become Invalid?

When doing business in Vietnam, many circumstances will require a business agreement. The most common business agreements found in Vietnam are employment agreement, shareholder agreement, investment agreement, non-disclosure agreement, and sales and services agreement. Many factors can cause a contract to become invalid. That’s why a professional legal consultant or specialist is mandatory. When does …

Business Incorporation Myths in Vietnam Debunked

To be able to run a business in Vietnam, one must form a legal company to start with. The process for company incorporation is considerably easy and streamlined. Moreover, the country has a welcoming market, an abundance of resources, and a skilled and cheap labor force that make it an alluring destination for investment. However, …

Should You Set up a Representative Office or a Branch Office in Vietnam?

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. …

How to Start an Education Business in Vietnam

You can’t go wrong with starting an education business in Vietnam. The education market in the country has been appealing to many foreign investors due to its continuous demand and growth, as well as increasing profitability. The British Council has shown that in 2015, the people in Vietnam spent as much as US$8.6 billion on …

Your Guide to Establishing a Hotel in Vietnam

Starting a business in Vietnam, particularly in the hospitality sector, is considered a fantastic post-pandemic opportunity for investment. Data have shown that the tourism in Vietnam is one of the major factors that has been boosting the country’s economy since its open policy with 18 million international visitors in 2019 – a 16% increase from …

An Introduction into Education Landscape in Vietnam

When it comes to starting a business in Vietnam, many foreign investors may be wondering what profitable sectors are available in 2020. Let us answer it for you, consider investing in the education sector. As you may already know, Vietnam tops the list of one of the most popular investment destinations in Asia. Although the …

How to Register Foreign Loans in Vietnam

Along with the upswing of Vietnam’s economy, when doing business in Vietnam, businesses have higher demand of capital in order to grow and expand. As foreign investors do not meet the requirements of most domestic capital, they require foreign loan for that matter. On September 15, 2014, the State Bank of Vietnam (SBV) issued Circular …

An Introduction into Fitness Landscape in Vietnam

When it comes to doing business in Vietnam, the country offers unlimited business opportunities. Fitness business, for example, is among the rising business ideas in Vietnam. Gymnasium chains have been popping up in major cities in Vietnam with the Vietnamese’s growing interest of fitness activities. Many years, ago gyms were something rare to most people …