From Traditional to Digital: Looking into the Vietnam B2B E-Commerce Shift

vietnam b2b ecommerce

Reading Time: 7 minutesIn recent years, Vietnam’s business landscape has undergone a profound transformation, marked by a significant shift from traditional brick-and-mortar operations to the dynamic realm of digital commerce. Particularly noteworthy is the surge in business-to-business (B2B) e-commerce, which is revolutionizing how enterprises conduct trade and interact within the Vietnamese market. This article aims to shed light on this transformative journey, examining key factors such as the drivers, challenges, and opportunities shaping Vietnam’s B2B e-commerce landscape.

5 Types of Companies in Vietnam

Open a Business In Vietnam

Reading Time: 7 minutesThanks to its developing economy, opening a business in Vietnam is a popular choice. Many business-oriented people are already joining this trend and establishing businesses in Vietnam. With a fast-growing middle-class population and favorable requirements, a business in this country makes sense. To make things easier, we take a look at how to open a business in Vietnam.

The Ins and Outs of a Limited Liability Company in Vietnam

Limited Liability Company in Vietnam

Reading Time: 7 minutesEstablishing a business in Vietnam can be a promising venture, particularly with the flexibility and protection offered by limited liability companies (LLCs). With its dynamic economy and favorable business environment, understanding the fundamentals of LLCs in Vietnam is crucial for entrepreneurs and investors alike. This article offers a concise overview of the ins and outs of forming and operating an LLC in Vietnam, highlighting key considerations for those seeking to embark on business endeavors in this vibrant Southeast Asian nation.

Key Considerations on How to Set Up a Company in Vietnam

How to Set Up a Company in Vietnam

Reading Time: 7 minutesSetting up a company in Vietnam presents a promising opportunity for entrepreneurs and businesses seeking to tap into one of Southeast Asia’s booming economies. Boosted by a dynamic market, strategic location, and favorable government policies, Vietnam has quickly turned into an attractive destination for foreign investors. However, going through the process of establishing a business in Vietnam requires an in-depth understanding of the legal landscape, business practices, and regulatory requirements. This guide aims to focus on the key considerations and steps involved in setting up a company in Vietnam in the hopes of helping you embark on your business venture with confidence and clarity.  

A Complete Guide to Foreign Contractor Tax in Vietnam

Foreign Contractor Tax Vietnam

Reading Time: 8 minutesTaxes are a non-negotiable part of your business processes. As you rake in profits, generate revenue, and shell out funds on operational and running costs, you must keep a record of spending and income. If your business is incorporated in Vietnam, a foreign contractor tax Vietnam is non-negotiable.

In other words, you must pay the appropriate taxes to the government of the country where your business is incorporated in.

Vietnam has clearly defined corporate tax regulations, particularly regarding foreign contractors. In this article, you’ll learn all about contractor tax in Vietnam, the regulating tax authorities, and other related tidbits.

Read on.

How will RCEP Vietnam (Regional Comprehensive Economic Partnership) benefit businesses in Vietnam?

RCEP Vietnam

Reading Time: 7 minutesIn an economically turbulent world, developing countries must strive to find alternatives for economic sustainability. With a trade war between the USA and China imminent, it has become imperative for other Asian countries to find sustainable means of economic growth and stability.

The Regional Comprehensive Economic Partnership agreement took effect at the start of 2022, potentially benefiting member nations, including Vietnam, and the global economy.

Streamlining Steps to Obtaining a Vietnam Investment Registration Certificate (IRC) for Foreigners

Vietnam Investment Registration Certificate

Reading Time: 6 minutesAmid Vietnam’s rapid economic growth and increasing integration into the global market, more foreign investors, including parent companies, are drawn to this promising nation for lucrative opportunities, leading to a surge in company formations in Vietnam, particularly over the last decade. Notably, Vietnam allows 100% foreign ownership in businesses in a wide range of business sectors, except for several business sectors that are limited from accessing market by percentage of foreign-owned shares. E.g., Foreign investors who will invest in motion picture production shall make a capital contribution which may not exceed 51% of the legal capital.

How to set up a Vietnam Representative Office easily?

Vietnam Representative Office

Reading Time: 6 minutesIf you’re thinking about growing your business in Vietnam, establishing a Representative Office (RO) can be a wonderful place to start. A RO acts as a liaison office and is not permitted to engage in commercial activity; yet, it can be a fantastic tool to explore a new market, perform research, and assess potential before forming a firm.