With a young population and a dynamic workforce, Vietnam is one of the most prolific economies in Southeast Asia. Even so, the need to have talented personnel and well-educated employees have transformed education into a very important sector for the government, which is why starting an education business in Vietnam can be a great opportunity…
Vietnam is a great trading and touristic destination and the establishment of a company in any of these two industries here can generate significant profits. When it comes to tourism, there are several types of businesses which can be established among which restaurants, hotels, and travel agencies. Among these, setting up a travel agency is more…
Vietnam is one of Asia’s most prolific economies and it attracts an increasing number of foreign investors year after year. Setting up a company in Vietnam as a foreigner implies respecting certain requirements, however, an overseas entrepreneur has two ways of starting a business here: by registering a new business form or buying a shelf company. Below,…
There are many investment opportunities in Vietnam, however, one of the most developed and sought at the same time is agriculture. With vast land plots which can be used for various agricultural activities, Vietnam offers plenty of investment opportunities to foreign investors who want to open companies here. In order to support sustainable agriculture activities, Vietnam became a member of…
Investors who want to set up businesses in the food and beverages industry in Vietnam have several options. They can choose to establish food shops, catering businesses, restaurants or fast foods. For the last three types of businesses, the requirements are the same. Most investors will usually choose to open Vietnam restaurants because these are also…
One of the most profitable type of business foreign investors can set up in Vietnam nowadays is a fintech company which is characterized by offering innovative financial solutions. Vietnam is one of the most advanced economies in Southeast Asia and investors who want to start fintech companies here will have various benefits. Below, our company formation agents in…
Foreign investors who want to start an online business in Vietnam must follow several steps, among which the company registration process, the creation of a website and registration of a domain name and the opening of a merchant account.The merchant account is a bank account which enables the Vietnam company to accept and process the payments made…
Becoming a shareholder in Vietnam can be effectuated by setting up a new legal entity, acquiring a shelf company or buying stocks in one. In this article, our company formation advisors in Vietnam briefly analyze these three options of how to become a shareholder in this jurisdiction. Setting up a new legal entity in Vietnam The most popular…
The new Enterprise Law and Investment Law which were both adopted in 2014 apply to foreign-invested and local companies in Vietnam. These laws confer the legal frame for an equal treatment in most of the economy industries. In this article, our company formation consultants in Vietnam explain a few key aspects related…
Foreign citizens who intend to reside in the country for a prolonged period of time must obtain a permanent residence permit in Vietnam. As follows, our company formation consultants in Vietnam present several aspects related to obtaining this permit here. Who qualifies for the permanent residence card in Vietnam? Foreign citizens who have…