There are many appealing industries in which foreign investors coming to Vietnam can open companies. Among these, tourism, trading, retail and real estate are some of the most important. These are also some of the economic sectors open to foreign investments. The real estate industry in Vietnam, for example, has expanded thanks to the massive development of tourism…
The IT market in Vietnam is quite new, however, it has seen a rapid development. Even though the country connected to the internet in 1997, by the end of 2001, the subscriber numbers were assessed at approximately 165,000. One year later, after a price reduction, the user numbers increased to more than one million. …
The Vietnam tobacco industry has a production capacity of approximately 5,800 million packs per year, which is used at around 70% to 80% of its capacity. The cigarette output of the sector has been rising since 2000, mainly because of investments which were made in the tobacco growth, processing and production equipment,…
Vietnam is a developing market for food products, being still large enough for a lot of investors, as well as newcomers. To be successful in this fast sector, where the competition is increasing, businesses have to understand better the consumer demands and generate an exciting experience for their customers. In…
Vietnam is one of the emerging economies in Asia registering some of the highest growths in the history of the country. Among the reasons for such rapid expansion, the trading industry plays and important role. Vietnam is one of the largest exporters in the region. At global level, Vietnam is the 24th largest exporters. In terms of imports, Vietnam…
Foreign investors who want to start a business in Vietnam can choose between traditional and online ones, because e-commerce is very developed in this country. Most the companies operating in the country at this point have set up websites and took their business in the online environment, while others have been set up directly…
Foreign investors interested in knowing if they can set up holding companies in Vietnam should know that this type of entity is not specifically defined by any laws here, however, there are no restrictions on registering them here. Our Vietnam company registration agents can explain the laws under which holding companies can be created in this country.…
Choosing a country to open a company in implies a lot of research and finding a good industry to invest in. From this point of view, foreign investors who chose to set up businesses in Vietnam have plenty of industries to select from. From agriculture which is one of the largest Vietnamese industry to the electronics sector, the country has…
Taxation is usually one of the most important factors for which foreign investors choose to open companies in a certain country. This principle is also available in Vietnam which has a very advantageous taxation system which is supported by a wide network of double taxation agreements. Up to this moment, Vietnam has signed more than 60…
Vietnam is one of the most important banking centers in Asia and it offers many incentives to foreign investors opening companies here. Important numbers of foreign citizens also move here for employment or other reasons, not to mention the influx of tourists the country attracts every year. No matter the reason for relocating to Vietnam,…
