Business Advisor

Click on any heading to learn more about that aspect of doing business in Vietnam.
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• Foreign investment guidelines: An overview of the licensing process.
• Taxes and preferential rates: Foreign investors are tax exempt on the import of machinery, equipment, and production tools, and enjoy preferential rates for leasing land, hiring labor, and transferring technology.
• Export and import: At present, the Government of Vietnam particularly encourages the production and exportation of labor-intensive products, while giving priority to the importation of materials and equipment. Most of the country's export goods now enjoy a tax rate of 0 percent.
• Laws governing foreign trade: Vietnamese law respects freedom in business, including the freedom to select partners; to decide on contract form and/or content; and to amend, supplement, or terminate a contract.
• Establishment of foreign companies in Vietnam: Learn how to set up branches and representative offices, plus download an application form.
• Foreign exchange controls: The inflow of foreign currency into Vietnam is generally welcomed with minimal restrictions, while the transfer of foreign currency out of the country is still controlled.
• Intellectual property and copyright: Vietnam recognizes the importance of protecting intellectual property rights; in recent years, the government has taken a number of steps to ensure proper legal guarantees for such rights.