I. Tax Taxes that enterprises must pay Legal regulations and policies on tax in Vietnam are applied generally to all businesses established under Vietnamese law, but there are also some specific regulations for enterprises with foreign investment capital. a. License fee License fee applies to all enterprises and business lines. License fee is classified into […]
Author Archives: V-International
Foreign investors seeking to invest directly in Vietnam can choose to establish a new foreign-invested enterprise or establish a foreign-invested enterprise in the form of the share and stake acquisition. a) Establishing new foreign-invested enterprises Foreign investors will contribute capital right from the start upon establishing a company in Vietnam. The capital contribution rate of […]
Establishing an e-commerce website The e-commerce website is an electronic information page set up to serve part of or the entire process of buying and selling goods or providing services, from displaying and introducing goods and services to entering into contracts, service provisions, payments, and after-sales services. To make business investment activities more effective in […]
Conditional business lines Conditional business lines require conditions when conducting business, which individuals and organizations must meet when conducting investment activities. There are 227 conditional business lines, of which construction, education, mining, and healthcare have the most sub-licenses. Some of the most frequently chosen conditional business lines are listed in the following table: No Business […]
Leveraging a franchise is one of the fastest ways to capture the investment market. Investors can take full advantage of advantages such as capital and human resources from partners to expand their business; at the same time, increase sales and profits from franchise fees, improve brand value and elevate the business. As it is also […]
Vietnam’s Law on Investment procedures for foreign investors is strictly regulated and updated, in line with the actual business context of the market, reformed towards simplification, and developed to form new policies that attract foreign investors and create favorable conditions for foreign investors to invest in Vietnam. The basic procedures include: Approving investment guidelines and […]
Vietnam has recorded significant progress in recent years, with the rollout of key products and platforms in three strategic areas: AI, 5G networks, and blockchain. Prime Minister Pham Minh Chinh chairs the meeting (Photo: VGP) Prime Minister Pham Minh Chinh has directed ministries, agencies, and localities to accelerate efforts in science and technology, innovation, and […]
1. Banned business investment activities Business in banned narcotic substances (specified in Appendix I, 2020 Law on Investment). Business in banned chemicals and minerals (specified In Appendix II, 2020 Law on Investment). Business in specimens of wild flora and fauna specified In Appendix 1 of Convention on International Trade in Endangered Species of Wild Fauna […]
g) Forms of investment incentives – Incentives on corporate income tax + Corporate income tax incentive (tax rate 10% for 15 years; tax rate 10% throughout the whole duration of the project; tax rate 17% for up to 10 years). + Exemption from and reduction of tax for a certain period of time (up to […]
Vietnam – Where Cuisine Meets Investment Opportunity Vietnam has long been celebrated as a food lover’s paradise. Today, it is also becoming a dream destination for foreign investors in the food and beverage (F&B) sector. With rapid economic growth and a thriving tourism industry, the country’s F&B market is wide open for international entrepreneurs eager […]