Why Open Company in Vietnam Attractive? Amid the current geopolitical conflicts worldwide, Vietnam continues to emerge as a favorable destination for business ventures. Foreigners increasingly find Vietnam an attractive option to invest and open company in Vietnam due to its relatively low costs and strategic location, making it a viable base for providing services to … Read More
Opening a business in Vietnam has increasingly become a opportunity for foreign investors, thanks to the country’s strong economic growth, strategic location in Southeast Asia, and proactive government reforms aimed at improving the business climate. However, venturing into the Vietnamese market involves navigating through various cultural, legal, and procedural intricacies. The following aims to provide … Read More
Why to start a business in Vietnam? In recent years, Vietnam has become an attractive destination for foreign investment thanks to its advantages of security, political stability, and favorable geographical position to trade with the world. This is both the connection center of the region and the gateway to penetrate the economies in the western … Read More
In the era of globalization, establishing a new business in Vietnam can be an attractive venture for many entrepreneurs. The process, known as business registration in Vietnam, has been simplified over the years, yet it still requires careful attention to comply with local laws and regulations. This article will guide you through the process of … Read More
Expanding gross domestic product (GDP), modern infrastructure and a dramatic increase in foreign direct investment (FDI) are signs that Vietnam has transformed into an attractive investment destination, but there are still barriers to doing business in Vietnam which are best navigated with local help on board. Current Situations of Foreign Investors Doing Business in Vietnam … Read More
Investors start to inject more capital to register business in Vietnam By the end of 2019, there have been more than 30,000 FDI projects choosing Vietnam for investment, with a total registered capital of about 362 billion USD. Recently, business propensity of Vietnam is highly concentrated on the private sector, attracting foreign investors to the … Read More
According to Viet Nam’s commitments under the framework of the WTO and EVFTA agreement, foreign investors are allowed to establish foreign-invested enterprises to conduct business activities in Vietnam. However, the order and procedures for establishing enterprises for foreign investors must comply with the provisions of Vietnamese law. Accordingly, this process consists of two main steps: … Read More
Provisions on announcing of business information are stipulated in the Law on Enterprise and other decrees which company has to comply as part of compliance procedures. After being granted an enterprise registration certificate, under the Enterprise Law, an enterprise must publicly announce it on the National Business Registration Portal according to the order, procedures and … Read More
On Jun 12th, 2018, The National Assembly promulgated Competition Law which will take effect from July 1st, 2019 and replace the Competition Law 2004. According to Article 3.9, violation of regulations on economic concentration is one of three signs of violation of competition law. Firstly, economic concentration includes the following forms: (1) Merger of enterprises; … Read More
On August 28, 2019, in the Toronto city, Canada, Chairman of Danang People’s Committee chaired a roundtable talk about Canada-Danang investment cooperation. At the conference, the Chairman of Danang City People’s Committee introduced the investment and business environment, as well as exchanging cooperation and investment opportunities to investors in Canada. The city also expressed its … Read More
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