Articles about business in Vietnam

LEGAL ADVICE
ACCOUNTING
REAL ESTATE

Production in Vietnam

Vietnam has taken an active position in attracting foreign manufacturers and relocating production from other countries in Southeast Asia. There are 5 reasons to open or relocate production to Vietnam

The reasons why foreigner investors choose Vietnam

One of the fastest-growing countries in Southeast Asia and an economically vibrant region is Vietnam. The most discussed topic in Vietnam today is direct and indirect investments. So.. Why Vietnam? Here are 5 reasons

Entry and change of visa status in Vietnam
in the context of COVID-19

COVID-19 situation tourist trips to Vietnam are suspended until further notice by the Prime Minister of Vietnam; tourist visas and tourist invitation letters are not issued.

Employment of foreigners in Vietnam

On December 30th, 2020, a decree was signed concerning foreign workers in Vietnam, stating rules on how they can carry out labor activities, as well as recruiting and managing Vietnamese employees working in enterprises with foreign investment in Vietnam.

Moving to Vietnam

Like many others, our family enjoys vacations in hot countries. Following these holidays, we fall into depression and boredom with the distinct lack of blue seas and “sun shining like a diamond”. We had no choice but to find a way to move closer to the sea. Finally we made the decision to move to Vietnam. Why Vietnam?

Opening bank account
for foreigners in Vietnam

Any foreigner with valid passport and visa may open bank account in Vietnam. All kinds of visa are suitable for these purposes. Opening personal bank account takes about 1 hour. However, you can put cash to your bank account only in certain cases, there are few of them

Starting your own
company in Vietnam

Vietnamese law about foreign investment and business creation allows foreign citizens or entities to take a part in a Vietnamese company as a founder. The process of starting is the same for all types of companies - the first step is...

Business codes with additional
conditions for foreigners

When you plan your business, you have to make an objective assessment of the amount of seed capital, which will inevitably influence the scale of your idea. Make decisions based on your skills and abilities. According to the law of Vietnam “Of foreign investments”, foreign investors can realize the following activities with additional conditions...

Opening Branch of your Company in Vietnam

Let's say you’ve started your business in Vietnam, and it is firmly on its feet generating profit. It’s time to think about business expansion and open a branch of your company in another city or region.
The branch office is a location, other than the main office, where business is conducted...

Joint Stock Company
in Vietnam

Vietnamese law regarding foreign investments and business creation allows foreign citizens or entities to take a part in a Vietnamese joint stock company as a shareholder. The process of opening is the same for all types of companies - the first step is...

Licenses and permits
for business in Vietnam

The most part of enterprises operating in Vietnam must have various types of licenses and permits. We tried to describe the main ones in this article

Prices for company services
in Vietnam

Our main goal is to provide the most reliable information and high-quality consulting services for your confidence and safety when opening a company, developing a business and buying real estate in Vietnam

Temporary Resident card or Working visa in Vietnam

For legal stay in the territory of Vietnam, there's paperwork to obtain a Resident Card or Visa. Currently, according to the Law, you can receive a Resident Card for a period of two years. For a longer period, the card can be obtained by Investors or by employees who qualify for special conditions.

Limited liability company
in Vietnam

Vietnamese law about foreign investment and business creation allows foreign citizens or entities to take a part in a Vietnamese limited company as a founder. The process of starting is the same for all types of companies - the first step...

Start your own business
in Vietnam

One of option when moving to Vietnam is to start your own business. There are a lot of articles on the Internet about how difficult and troublesome starting a business in Vietnam is. Upon closer inspection however, it is evident that some authors of these texts have had no practical experience in doing so...

Starting a restaurant, cafe or bar in Vietnam

One of the most popular businesses in Vietnam for foreigners is catering services - restaurants, cafes and bars. It’s not surprising given Vietnamese's Law of Enterprises which let foreigners own 100% of capital contribution to such companies without any additional requirements.

International Cooperation Agreement of Vietnam

To comply with the terms of accession to the WTO, Vietnam has signed several Free Trade Agreements (FTA) and Customs Tariff Adjustments. In accordance with its obligations, Vietnam has already reduced 6,900 tariff lines (72% of all tariffs), to zero percent in 2014. By 2018, Vietnam is zeroing out some import tariffs in connection with the concluded agreements.

Tax benefits for enterprises
in Vietnam

Vietnamese legislation encourages investment by tax benefits and incentives in certain sectors such as education, health, sports and culture, high technology, environmental protection, research, infrastructure development and computer software.

The basic taxes for all enterprises
registered in Vietnam

All enterprises registered in Vietnam should pay taxes. We described main of them in this article and what rate applies for different kinds of enterprises.

Accounting and Tax issues in Vietnam

Every company is obliged to report the results of its business activities to the Tax Department. Tax reports are submitted only by USB token with a digital signature of the responsible person in Vietnam. It is quite difficult to find a competent accountant to compile your Tax Reports.

Purchase house or villa
(with a land plot) in Vietnam

Buying a villa pay attention that you also buy a land plot. So, if the Purchase Contract provides for the price of land...

Pitfalls with purchase
of real estate in Vietnam

Main features with purchase of real estate in Vietnam

Housing maintenance and
utility service in Vietnam

Housing costs in Vietnam is the complex of services that a management company or a single manager is rendering in this compound. Such as cleaning the corridors, garbage disposal, security and ССTV, elevators, fire safety system, cosmetic renovation of the building.

Purchase apartment
in Vietnam remotely

Purchase an apartment at any stage of a commercial project, if you are not in Vietnam, you need to following next points...

Secondary real estate
in Vietnam

If you made a decision to buy an apartment, a house or villa for personal residence or for immediate rent to make a profit, the best option is to buy a secondary real estate that has already been built with a nice design and that is fully furnished

Purchase apartment
in Vietnam

Purchase an apartment at any stage of a commercial project, if you are in Vietnam, you need to following next points...

Methods of payment for real estate
and money transfer to Vietnam

Foreigners who purchase property in Vietnam can transfer money for the purchase in one of the following ways...

Purchase of real estate
in Vietnam

Real estate is the most promising investment direction for foreigners in Vietnam. Prices of new commercial projects at the ground-excavation phase can be bought from 900 USD per square meter. These properties that are currently in the process of construction grow exponentially in price as they approach the date of commissioning

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