What are the Benefits of Establishing A Science and Technology Firm in Vietnam?

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 … Continued

Traditional Office vs. Virtual Office in Ho Chi Minh City: Which One is Better?

It is undeniable that Vietnam is now one of the shining emerging markets in Asia. The market growth is particularly significant in this alluring city: Ho Chi Minh City. With the country’s more than 6% growth every year, Ho Chi Minh City presents itself as a profitable investment base for many foreign investors with businesses … Continued

The ASEAN-Hong Kong, China Free Trade Agreement (FTA) and Its Effect on Vietnam

The ASEAN-Hong Kong, China Free Trade Agreement (FTA), with its acronym AHKFTA, is expected to promote the trade between Hong Kong and other ASEAN member states substantially. The AHKFTA became effective on June 11, 2019, for Vietnam, Thailand, Laos, Singapore, and Myanmar. The rest of the member states will confirm the enactment by the end … Continued

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 … Continued

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 … Continued

How to Do Business in Vietnam the Right Way – & Succeed

Vietnam is a captivating destination for foreign investors looking to start their own business. Since the 1990s, Vietnam has experienced steady growth and has been considered one of the fastest-growing economies among ASEAN member states. Even during the global economic downturn, Vietnam had its way to make a speedy recovery and continues to thrive and … Continued

Why are Virtual Offices in Vietnam A Good Fit for Business Travelers?

Business travelers are constantly on the move. Jumping from destination to destination makes it difficult to just ‘stay in the office.’ With a virtual office in place, you can indulge in both business and travel at the times that best fit you. Especially in a country like Vietnam, there are many reasons to commute across … Continued

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, … Continued

5 Reasons to Use A Virtual Office in Ho Chi Minh City

No matter what business you are in, there are certainly many advantages that a virtual office can offer, especially when you are doing business in a dynamic city like Ho Chi Minh City in Vietnam. Today, work is no longer constrained by places and locations. It is more about what you do because technology allows … Continued

9 Most Popular Questions about E-Invoicing in Vietnam

With an effort to switch from paper invoices to electronic invoices, a proposal from the Ministry of Finance of Vietnam had been accepted by the Vietnamese government. Therefore, Decree 119 in regard to the use of electronic invoices for the sales of goods and services was issued and has been effective since November 1, 2018. … Continued