Due Diligence and Contract for Merger and Acquisition in Vietnam
In a merger and acquisition process in Vietnam, business owners shall look into due diligence and contract procedure to minimize risks.
Business Setup
Why Millennial Workers are Attracted to Companies using Virtual Offices in Ho Chi Minh City
Millenials are considered one of the most entrepreneurial generations, and more and more of them are settling in emerging markets to start or expand their business. But what does the millennial generation have to do with a virtual offices in Ho Chi Minh City? Before going deeper into the discussion, it is best to understand … Continued
How to Get a Construction License in Vietnam for Foreign Contractors
Vietnam has one of the most rapidly-growing economies in Asia and the world. The increasing influx of foreign investment and rapid urbanisation in Vietnam has made the country’s construction business develop significantly over the years. High-rise buildings, new infrastructures, and private housing projects are forming the skylines of Vietnamese cities. The market for the construction … Continued
A Guide to Operating a Large Warehouse in Vietnam
With the number of businesses in Vietnam rapidly increasing, so is the number of large warehouses being demanded, especially for the rising logistics industry. Warehouse space is critical and valuable as it allows a business to operate and grow effectively. But how exactly can businesses or investors set up and operate a large warehouse in Vietnam?
How to Start a Travel Agency in Vietnam? Your Quick Guide
Tourism is one of the fastest-growing industries in Vietnam. The travel industry in the country has been greatly elevated by an increasing number of foreign visitors coming every year. In 2019 alone Vietnam’s tourism industry hit an all-time high with over 18 million tourists entering the country (1). The open policy and the government’s effort … Continued
Benefits, Challenges, Rights and Obligations Related to Representative Office in Vietnam
In accordance with Commercial Law in Vietnam, a foreign investor or legal entity is allowed to establish a representative office in the country. Currently, more than 10,000 foreign representative offices can be seen in Ho Chi Minh City and almost the same numbers of can be found in Hanoi, Dong Nai, and Binh Duong. Representative … Continued
Investment Opportunities in Vietnam’s Textile Industry
Vietnam’s garment and textile exports have seen recovery with turnover of US$7.2 billion in the first quarter of the year,– a slight increase despite the COVID-19 pandemic (according to the ministry of trade). However, in the crisis, the Vietnam textile industry still saw positive development as the country surpassed Bangladesh in 2020 and became the … Continued
Incorporating a Fintech Company in Vietnam: What You Need to Know
Fintech, or financial technology, has revolutionized financial services and is acting as a catalyst in fostering economic growth in a quickly digitizing Vietnam. The country’s share of regional fintech investment increased from 0.4% in 2018 to 36% in 2019, putting it second only to Singapore (51%). The government is also promoting fintech in order to … Continued
Requirements for Opening a Construction Company in Vietnam
The construction sector in Vietnam is one of the most lucrative sectors in the Asia-Pacific (APAC) region. Despite the impacts of COVID-19, it grew rapidly in 2020. In Q3 2020, the General Statistics Office (GSO) of Vietnam reported a 5.7% year-on-year growth in the construction sector. As a consequence, the cumulative growth rate for the … Continued
What are the Requirements for Starting a Representative Office in Vietnam?
The low operating and labor costs, stable political environment, and rising economic prospects are why Vietnam is attracting both private and foreign investors to take part in its dynamic market. To start a business in Vietnam, foreigners have several options for legal entities to choose from. Among all, the representative office in Vietnam is one … Continued
Moving to Vietnam? Your Relocation Reference
Foreigners & Foreign businesses relocating to Vietnam are in ever-increasing numbers. Low living costs, wonderful working and living conditions, high salaries, diverse landscapes, and a growing economy are the main driving factors for relocating to Vietnam. Investing in Vietnam? Check Out Cekindo’s Company Incorporation Services If you are looking to make Vietnam your permanent home, … Continued
7 Common Risks of Real Estate Purchase in Vietnam for Foreigners
Many foreigners are interested in buying real estate in Vietnam as a form of investment in Southeast Asia. The reasons are many folds, including Vietnam’s fast-growing economy, ease of foreign property ownership, increasing infrastructure investments, growing middle class with a large young population, booming tourism, and relatively inexpensive property with high-profit potential. Investing in Vietnam? … Continued