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Vietnam - Southeast Asia's fastest & growing Economy

Your gateway to the Vietnam market

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Why Vietnam?
Why now?

Why Vietnam

Vietnam has emerged as a strategic for global manufacturing, while its young, digitally-native consumer base attracts B2C brands across retail, fintech, and SaaS.

But entering the market requires navigating Investment Law amendments, decree 31/2021, sector-specific licensing, and intricate relationships with local authorities. Mistakes here can delay launch by 6–12 months.

120+

Foreign investors successfully launched in Vietnam through our advisory since 2018.

Our process

A clear path from intent to operations

Our 5-stage advisory takes typically 4-6 months end-to-end, with full transparency on timeline, deliverables, and regulatory dependencies at each stage.

01
Week 1-2Pre-entry assessment

Tax Advisory Specialist

We analyze your business model against Vietnam's WTO commitments, sector restrictions (decree 31/2021), and recommend the optimal entity structure 100% FDI, JV, or representative office.

Market entry reportStructure recommendationRisk assessment
02
Week 3-8Licensing & registration

Investment Registration Certificate (IRC)

We prepare and submit IRC application to the Ministry of Planning & Investment, manage clarification requests, and coordinate with sector ministries for restricted activities.

IRC issuedERC issuedTax code registration
03
Week 9-12Operational setup

Office, banking & team foundation

From corporate bank account opening (we have direct relationships with VCB, BIDV, HSBC VN) to office leasing, work permit applications, and HR onboarding for your initial Vietnamese hires.

Bank accounts activeOffice lease signedWork permits
04
Week 13-16Compliance framework

Tax, accounting & reporting setup

Vietnamese Accounting System (VAS) chart of accounts, electronic invoicing (e-invoice mandatory since 2022), VAT/CIT registration, and ongoing compliance calendar setup.

VAS chart of accountsE-invoicing liveCompliance calendar
05
OngoingLocal partnership & growth

Ecosystem & market access

Warm introductions to distributors, suppliers, marketing agencies, and government relations contacts. We host quarterly briefings on regulatory changes affecting your sector.

Partner introsQuarterly briefingsGovernment Relations

What you'll get

Every regulatory requirement, handled

Vietnam's regulatory landscape is dense - 14+ government touch points for a typical foreign-invested entity. We manage the full stack so you stay focused on building the business.

Sector-specific note

Restricted sectors (fintech, education, e-commerce) require additional sub-licenses. We assess these in Stage 01 and build them into the master timeline.

Investment Registration Certificate (IRC)

Ministry of Planning & Investment

3-6 weeks

Enterprise Registration Certificate (ERC)

Local Department of Planning & Investment

5-7 days

Tax registration & e-invoicing

General Department of Taxation

2 weeks

Corporate bank account opening

VCB, BIDV, Techcombank, HSBC VN

1-3 weeks

Work permit & visa for foreign employees

Ministry of Labour, Invalids & Social Affairs

3-4 weeks

Social insurance & payroll registration

Social Insurance Agency

1 week

Sector-specific sub-licenses

Varies by industry & activity

Varies

Capabilities

High-growth sectors driving FDI in Vietnam

Our team has hands-on experience across the sectors attracting the most foreign capital, with sector-specific regulatory knowledge.

Technology & SaaS

B2B software, cloud infrastructure, fintech, and AI/ML startups expanding into Vietnam's developer talent pool.

$2.4B
VC funding 2024
450K+
Tech professionals

Manufacturing & supply chain

Electronics, textiles, and component assembly leveraging Vietnam's strategic location and trade agreements.

17 FTAs
Active trade deals
$370B
Export value 2024

eCommerce & retail

D2C brands, marketplace sellers, and Omnichannel retailers entering Southeast Asia's #2 eCommerce market.

$25B
eCom GMV 2024
22%
YoY growth

Planning your Vietnam launch?

Book a 30-minute strategy call. We'll review your business model, identify regulatory considerations, and outline a realistic timeline, no commitment required.

Vietnam office

Spaces Belvedere, 28A Tran Hung Dao, Hoan Kiem, Hanoi

(+65) 8364 66 19