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Register a company in Vietnam
Nowadays, Vietnam is one of the developing countries having market access policies that attract a lot of investors. Evidence shows that in 5 years recently, the flow of FDI in Vietnam has increased dramatically due to the investment of foreign […]
The Cash Flows under Nominee Company
In the beginning, the local company is established by the trustee, so in order to have money for the trustee to contribute the capital of the local company, the foreigner will lend the trustee the loan, equivalent to the charter […]
Management of Foreign Exchange (FDI)
Recently, the State Bank of Vietnam (“SBV”) published Circular No. 06/2019/TT-NHNH (“Circular 06”) for detailing the policies in the management of foreign exchange with reference to foreign direct investment in Vietnam. This Circular 06 will take effect as from 06 […]
Strategic location
Located next to China, Viet Nam’s proximity makes it an ideal alternative location for investors seeking to diversify their supply chains from China. Investors are able to limit interruptions or delays to existing supply chains in China. Additionally, Vietnam’s major […]
Increasing integration into global economy
Participation in strategic trade agreements, including the AFTA, EU-Viet Nam FTA and CPTPP, demonstrates the commitments of Viet Nam towards trade openness with other countries. Currently, there are 12 FTAs that Vietnamese exporters can take advantage of including agreements with major markets […]
Strengthening institutional and regulatory framework
Over the years, the Vietnamese government has improved its legal and institutional framework to create a transparent and fair investment environment for investors. This has been reflected in the improvements in Viet Nam’s Ease of Doing Business ranking from 99th […]
Large market with increasing purchasing power and an emerging middle class
With a population of about 90 million, ranking 14th in the world, Viet Nam has enormous market potential to various types of business investment. According to PwC’s World in 2050 report, Viet Nam is forecast to be among the Top […]
Young population and large workforce, with growing talents
Viet Nam is well known for its golden age structure with more than 52% of people of working age and about 97% of the working age population is literate, according to the Ministry of Education and Training. The government has […]
Stable and high- growth economy
Viet Nam is among the fastest-growing economies in ASEAN and is poised for robust growth, projected to expand at 6.4% annually between 2018 and 2022, according to Moody’s Investor Services. International organizations such as the World Bank and ADB have […]
Competitive labour cost and increasing productivity
The rise of wages in China, coupled with the recent trade war between the US and China, has forced manufacturers to look for an alternative market. This is an opportunity for which Viet Nam is well positioned. Vietnamese workers are […]
