Streamlining Steps to Obtaining a Vietnam Investment Registration Certificate (IRC) for Foreigners
Reading Time: 4 minutes Amid 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?
Reading Time: 4 minutes If 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.
How will RCEP Vietnam (Regional Comprehensive Economic Partnership) benefit businesses in Vietnam?
Reading Time: 5 minutes In 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.
A 2023 Guide Through Business Challenges in Vietnam
Reading Time: 5 minutes Any company looking to expand internationally should consider Vietnam. Vietnam has recently risen to the top of the list of Asia’s and the world’s most sought-after investment destinations. This increase in fortunes is due to a number of factors.
What Are The 5+ Advantages Of Doing Business In Vietnam?
Reading Time: 5 minutes Vietnam is a promising location for businesses with worldwide ambition. Its financial sector keeps expanding quickly, supported by a closely regulated business setting, Vietnam has emerged as a top investment destination in Southeast Asia, particularly for people from other countries. To operate a successful business in Vietnam, you must adhere to their policies, guidelines, and safety rules.
In this post, we’ve outlined the advantages of doing business in Vietnam so that you can identify them before delving into the Vietnamese marketplace. Learn more about the advantages of doing business in Vietnam in the sections below!
9+ Best Business Ideas In Vietnam
Reading Time: 4 minutes Are you trying to start a new business and wondering what business idea to pursue? Starting a new business is not one of the most challenging things to do in the world. There are many factors to consider to help you decide what business idea is best to run. Some of these factors are:
How To Get An ERC In Vietnam As An Expatriate
Reading Time: 4 minutes According to regulations stipulated by the WTO and EVFTA as well as Vietnamese laws, investors can establish foreign enterprises in Vietnam. In doing so, it’s essential that dossiers and procedures for setting up this company comply with Vietnamese laws. There are two main processes; apply for the Investment Registration Certificate (“IRC”) and the Enterprise Registration Certificate (“ERC”). In case you do not have any Vietnamese enterprises by your own, IRC of project must be achieved first. Otherwise, be sure that you have completed the procedures of applying for the Investment Registration Certificate. How about applying for the Enterprise Registration Certificate? Keep reading to learn more.
7 Pros and Cons of Sole Proprietorship In Vietnam To Consider
Reading Time: 4 minutes Vietnam is one of the most popular locations in Asia because it has an impressive economy. Despite the covid-19 pandemic that shook different regions of the world, Vietnam still enjoy positive growth in retail sales, imports, and industrial production. As a result, it’s a hub of commercial activities. You’ve probably found many people traveling to and from Vietnam to do business and want to do so too. It’s important to note that you’ll need a business visa to make it possible. But what is a business visa, and how does it work? Keep reading to find out more. This piece will be a detailed guide on business visa Vietnam.
Understanding Business Registration Certificate in Vietnam
Reading Time: 4 minutes The numerous investment prospects in Vietnam are as perennial as the grass in the business world. And this is especially true for investors and aspiring entrepreneurs looking to do business in Southeast Asia. As a result, the business registration certificate in Vietnam is a must for all to understand.
Why You Should Start an Online Business in Vietnam
Reading Time: 5 minutes Vietnam has always had a reputation for being one of the most vibrant and culturally grounded countries in the world. It’s a nation with a storied history and is continuously flocked by tourists every single year. But what many people don’t realize is that Vietnam is also a country with great economic potential, particularly in the world of e-commerce. This makes starting an online business in Vietnam such an appealing endeavor for so many. In fact, the Vietnam E-Commerce Association estimates that the total value of the country’s e-commerce industry will reach $23 billion by 2025.
