Set up company in Vietnam and comply
Vietnam’s economy is increasingly diversified in terms of business activities and business regulations are also constantly being improved and enhanced. Accordingly, foreign investors can freely choose the right type of business to set up company in Vietnam. After the investors set up company in Vietnam, the continuous procedures to comply is always a matter of great interest to foreign investors. Why it is important to comply with the laws after the investors set up company in Vietnam? Complying with the law after the investors set up comp…
7 basic steps to set up a business and comply with Vietnam laws
Vietnam's economy is increasingly diversified in terms of business activities and business regulations are also constantly being improved and enhanced. Accordingly, foreign investors can freely choose the right type of business. Therefore, the set up company in Vietnam is always a matter of great interest to foreign investors whom find business opportunities in Vietnam. With the promulgation of the enterprise law, the business setting up process has been adjusted with many favorable regulations for investors. However, in order for a bu…
Assistance In Setting up Business Venture in Vietnam
To help Clients start business in Vietnam, ANT Consulting introduces the service to assist in set up business venture in Vietnam. Foreign investors could make direct investment in Vietnam through setting up one hundred per cent (100%) capital of foreign investors, or establishing joint venture between domestic and foreign investors, or investing in the contractual forms of: BCC, BO, BTO, and BT Types of enterprise for foreign investors to invest in Vietnam are as following: Limited Liability Company A limited-liability company may not iss…
IHI Corporation (Japan) Wants to Participate in Transportation Projects in Hai Phong
Japan is a familiar investor in the Vietnamese market , many Japanese companies have set up business in Vietnam and IHI Corporation is not an exception. Recently, Hai Phong People's Committee has been working with the delegation of IHI Corporation (Japan) to explore opportunities to participate in transportation projects in Hai Phong. At the meeting, Mr Atsushi Kutawa - Managing Director of Operations, President in charge of business of IHI Corporation has talked about the company's business situation with city leaders. In partic…
Hemaraj (Thailand) Builds Billion-Dollar Industrial Park in Nghe An
Nghe An - a province located in the central region of Vietnam always has a lot of attractive incentives for foreign investors who come and set up business in Vietnam . In which, Nghe An has a number of solutions to support infrastructure enterprises to quickly implement large-scale industrial parks, including the Hemaraj industrial park – which is preparing to start construction. According to the plan, at the end of October 2017, Hemaraj industrial park project in the South East Economic Zone will be started construction by Hemaraj Group (…
Vietnam Increases Ranking in The List of Global Competition
The Global Competitiveness Report 2017 - 2018 was announced on September 26 th 2017, confirming that countries are improving in terms of health, education and technology. The latest global competition list of the World Economic Forum shows a messy picture of Asia, while Vietnam and Indonesia jumped in rank, Japan and India slumped. Vietnam jumped to 55 th place, up 5 steps compared with last year and 20 steps compared with 5 years ago. Accordingly, Vietnam has made remarkable progress in terms of technology and labor market efficiency. Tra…
Mavin Pledged to Invest 80 Million USD in Nghe An
Mavin Group (Australia) has operated in Vietnam for a long time and now they do not hide their ambition to expand investment and set up business in Vietnam . In February 2017, Mavin Group inaugurated an animal feed production factory in Nghe An. This plant has a total investment of 15 million USD, which is built on an area of 3.6 ha and has a capacity of 300,000 tons per year. Mavin Group has invested in Vietnam for more than 12 years and now has production facilities in 7 provinces and branches, warehouses in 19 different provinces in the…
Macau Casino Group Poured Billions of Dollars into Vietnam
Sun City is currently the largest casino resort group in Macau, spending billions of dollars investing heavily in casino resorts in Asia and set up casino business in Vietnam . The group was founded in 2007, owns about 17 VIP clubs and 280 gaming tables, serving Macau's largest betting and casino market as well as VIP clubs in Korea, China and Philippines. Currently, Sun City operates large casinos with monthly betting up to 130 billion HKD (approximately 17 billion USD). However, in order to expand its business in Asia, Sun City is sp…
Gia Lai Calling for Investment in High-Tech Agriculture and Tourism
In recent years, Vietnam has continuously called for foreign investors to come and set up business in Vietnam and most recently, Department of Planning and Investment of Gia Lai province is planning to coordinate with the Department of Planning and Investment of Ho Chi Minh City (HCMC) to organize Gia Lai Investment Promotion Conference 2017. The conference is scheduled to be held at the end of this year in Pleiku city, Gia Lai province. The areas highlighted at the conference will be: high technology agriculture, agricultural products pr…
Foreign investor in Binh Duong
Korean investors have set up business in Vietnam a lot in the recent years and this country is also the third largest foreign investor in Binh Duong province with 619 projects. At the meeting between Binh Duong People's Committee and Korean investors held on August 16 th , according to reports of Department of Planning and Investment of Binh Duong province on the attraction of foreign direct investment (FDI) in the first six months of 2017, there was positive changes. The total FDI capital reached 1.726 billion USD, equal to 123% of t…
Korea Leads FDI in Vietnam
The flow of FDI capital into Vietnam has continued to grow strongly over the years, demonstrating the confidence of foreign investors when deciding to set up business in Vietnam . According to data from the Foreign Investment Agency (Ministry of Planning and Investment), the total amount of FDI capital such as new registered, capital increase, capital contribution and share purchase in the first 7 months of 2017 is 21.93 billion USD, increases by 52% over the same period in 2016. Of these, the new registered capital was 12.92 billion USD, …
Guangdong, Hong Kong Businesses Seeking Opportunities in Vietnam
60 enterprises coming from Guangdong, Hong Kong (China) are visiting Hanoi, exploring opportunities to set up business in Vietnam . The conference between Vietnam and Guangdong, Hong Kong enterprises is organized in Hanoi. In addition to 60 businesses wishing to explore investment opportunities with Vietnam enterprises, the conference also attracted delegates including Government and business leaders from 12 provinces and cities of Vietnam, Guangdong and Hong Kong, along with enterprises, leaders of many provinces and cities of Vietnam, es…
Vietnam - Russian Federation: Cooperation in The Spirit of Friendship
There are many opening opportunities, so that the Russian Federation enterprises can come to explore and set up business in Vietnam and vice versa. Previously, there is almost a constant law, that is only Vietnam come to promote investment abroad, now the story seems to be different. Japan has organized an investment promotion conference in Vietnam. And just recently, on March 2017, during a visit to Vietnam of Mr Yuri Trutnhev - Deputy Prime Minister, Russian Presidential Representative in the Far Eastern Federation, also held the same i…
Taste of US investors in Investment in Vietnam
Renewable energy, high technology industries, supporting industries... are areas that are interested by US investors when they come to set up company in Vietnam . One of the "hot" issues that US businesses and investors interested in is the issue of cooperation and investment in the field of renewable energy. According to Mr Freb Burke from Baker & McKenzie, renewable energy is currently the most attractive investment area. Vietnam will avoid the construction of thermal power plants when moving to invest in wind and solar pow…
Thailand's FDI into Vietnam Reached 8.13 billion USD
By the end of March 2017, Thai investors had invested in 458 projects with a total registered investment capital of 8.13 billion USD, standing at the 10 th position out of 115 countries and territories investing into Vietnam. With the determination of the two Governments and the proactive of businesses, the economic cooperation between Vietnam and Thailand will grow strongly and reach the target of 20 billion USD in bilateral trade by 2020. Vietnam-Thailand trade relation has grown by more than 40% during the past five years. Specially in …
Hong Kong Investors Explore Vietnam Infrastructure Projects
Hong Kong investors are promoting investment in southern provinces in the areas such as infrastructure investment, waste water treatment, waste and also learn about set up company in Vietnam . Recently, about 40 Hong Kong investors and experts in investment and infrastructure development sectors have visited Ho Chi Minh City. Sharing the purpose of this business trip, Mr Vincent HS Lo - Chairman of the Hong Kong Trade Development Council said that these investors are people who have a lot of experiences in the financial, consulting, archit…
Japan Investors Expand Investment in Dong Nai
Japan is one of the two leading countries in pouring capital to invest in Dong Nai province since the beginning of this year and the main investment sector is supporting industry. According to the Dong Nai Department of Planning and Investment, in the first three months of 2017, the province has granted investment registration certificates to 31 projects with foreign direct investment (FDI), with total investment capital of more than 314 million USD, including 15 newly licensed projects with total capital of nearly 137 million USD and 16 pr…
Strengths in FDI Attraction of Vietnam
Vietnam has many strong points in FDI attraction that foreign investors are very interested in. This has made Vietnam an attractive destination for investors to set up company in Vietnam . Firstly, the stable security and political situation is an important condition for deciding to set up long-term investment activities in Vietnam. Moreover, Vietnam has a favorable geographic position in trade with the world as well as a connection hub of the region and a gateway to penetrate economies in the western part of the Indochina Peninsula. Third…
French Corporation Opens "Laughing Cow" Cheese Factory in Vietnam
According to the European Supermarket magazine, Bel Group (France) has just opened a 1 ha plant in Vietnam to produce "laughing cow" cheese to serve the Southeast Asian market, marking their first penetration into the Vietnamese market. The new plant will produce an additional 3 million pieces of cheese a week, doubling the output for the region. In addition to being sold in Vietnam, the product will be exported to the Philippines, Singapore, Cambodia and Thailand. Bel Group began construction of this plant in July 2015 in Binh Du…
FDI Capital Flows into Vietnam Increased Rapidly
In the first 3 months of 2017, total foreign investment in Vietnam reached 7.71 billion USD, more than double the amount of 3.4 billion USD in the first two months and increases by 91.5% over the same period last year. As announced by the Foreign Investment Agency (Ministry of Planning and Investment), as of March 20 th 2017, the whole country has 493 new projects that have just been granted investment certificates with total registered capital of 2.9 billion USD, increases by 6.5% over the same period in 2016. In addition, there are 223 p…
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