Establishing a Company in Vietnam
Vietnam is moving toward a more prosperous future, with sustained economic growth, an improved investment environment, and increasingly close trade cooperation with global markets. As one of the most dynamic economies in Southeast Asia, Vietnam’s strategic location, stable economic conditions, and extensive free trade agreements make it an ideal destination for international investors. Every year, thousands of entrepreneurs come to Vietnam to witness its growth firsthand and embark on their own business journeys.
For companies entering the Vietnamese market for the first time, understanding local laws and completing compliance procedures can appear complex and time-consuming. However, this does not mean that setting up a company has to be an obstacle. Before you have any doubts about establishing a business in Vietnam, contact Vanzbon. We are the leading expert in company formation and business services in Vietnam, providing comprehensive support in registration, taxation, licensing, and investment consulting to help you enter the Vietnamese market with ease.
Start Your Business Formation with Vanzbon
At Vanzbon, you can experience the most professional, efficient, and transparent one-stop business formation services. Our experienced corporate consultants will assist you throughout the entire company registration process in Vietnam, ensuring your business launches smoothly and worry-free.
From free consultations, company registration, document preparation, and license approvals to tax registration, bank account setup, and visa applications, we provide comprehensive support. Let Vanzbon simplify procedures, increase efficiency, and ensure compliance, helping your enterprise succeed in Vietnam!
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Make the Most of What Vietnam Has to Offer
Vietnam is one of the fastest-growing economies in Southeast Asia, offering a stable investment environment, extensive free trade agreements, and a young, dynamic workforce, providing boundless opportunities for global businesses. As a result, hundreds of thousands of foreign investors and entrepreneurs choose to enter the Vietnamese market each year, seeking growth in sectors such as manufacturing, trade, technology, logistics, and tourism.
Here are some major advantages of starting a new business in Vietnam:
- Vietnam offers a flexible regulatory framework, allowing 100% foreign ownership
- The government provides investment incentives to support manufacturing, technology, clean energy, and other industries
- Multiple tax advantages, including corporate income tax and import/export tax reductions, optimize operational costs
- Over 50 free trade agreements signed with countries worldwide, facilitating international market expansion
- Access to world-class ports, international airports, and highways, ensuring a robust logistics system
- A rapidly growing business environment suitable for establishing headquarters, factories, and innovation centers
Northern Region – Vietnam’s Core Growth Engine
Northern Vietnam serves as the country’s political, economic, and manufacturing hub, boasting a prime location adjacent to China, with convenient cross-border trade routes making it a key node in the global supply chain. Covering economic powerhouses like Hanoi, Haiphong, Quang Ninh, Bac Ninh, Hung Yen, and Vinh Phuc, the region hosts high-tech manufacturing, heavy industry, international trade, and logistics sectors.
Supported by the Haiphong deep-water port, Noi Bai International Airport, and an extensive highway network, the North has developed a robust logistics system that attracts global giants such as Samsung, LG, Honda, and Toyota. Government tax incentives, investment promotions, and industrial park support have made Northern Vietnam the top choice for foreign investors entering the Vietnamese market.
Hanoi City
Hanoi City
Quang Ninh Province
Quang Ninh Province
Hung Yen Province
Hung Yen Province
Haiphong City
Haiphong City
Bac Ninh Province
Bac Ninh Province
Vinh Phuc Province
Vinh Phuc Province
Bac Giang Province
Bac Giang Province
Central Region – Vietnam’s Emerging Economic & Tech Innovation Center
Central Vietnam functions as an economic corridor connecting the North and South, centered around Da Nang, Thua Thien Hue, Quang Nam, Quang Ngai, and Binh Dinh—areas experiencing rapid development. As the country’s hub for technology and tourism, the region excels in software development, cross-border e-commerce, the digital economy, and hospitality, attracting a significant number of foreign enterprises.
With Da Nang International Airport, deep-water ports, highways, and modern infrastructure, Central Vietnam offers robust logistics and convenient nationwide and international connections. The government also provides tax incentives for high-tech enterprises and investment incentives for tourism, fueling economic growth and making this region a rising hotspot for businesses expanding in Vietnam.
Da Nang City
Da Nang City
Thua Thien Hue Province
Thua Thien Hue Province
Quang Tri Province
Quang Tri Province
Quang Ngai Province
Quang Ngai Province
Quang Nam Province
Quang Nam Province
Ha Tinh Province
Ha Tinh Province
Thanh Hoa Province
Thanh Hoa Province
Khanh Hoa Province
Khanh Hoa Province
Nghe An Province
Nghe An Province
Southern Region – Vietnam’s Economic & International Trade Powerhouse
Southern Vietnam is the most economically developed region in the country, centered around Ho Chi Minh City, Binh Duong, Dong Nai, Ba Ria-Vung Tau, and Long An. It is a hub for finance, manufacturing, international trade, and high-end services, attracting global companies to establish headquarters, especially in fintech, electronics manufacturing, real estate, and logistics.
Supported by Tan Son Nhat International Airport, Cai Mep Port, industrial parks, and highways, the South has built an efficient trade and supply chain network, making it a key commercial hub in Southeast Asia. The government’s free trade policies, manufacturing incentives, and foreign investment support enable quick market entry, cementing the region as a core investment destination in Vietnam and across Southeast Asia.
Ho Chi Minh City
Ho Chi Minh City
Binh Duong Province
Binh Duong Province
Dong Nai Province
Dong Nai Province
Ba Ria-Vung Tau Province
Ba Ria-Vung Tau Province
Tay Ninh Province
Tay Ninh Province
Can Tho City
Can Tho City
Binh Phuoc Province
Binh Phuoc Province
Tien Giang Province
Tien Giang Province
Long An Province
Long An Province
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Economic Zones & Industrial Parks
Vietnam features a wide range of industrial parks, export processing zones, and free trade zones, offering a streamlined path for businesses to secure land resources and benefit from government incentives.
With in-depth knowledge of nationwide economic zones, Vanzbon assists you in defining objectives, matching you with the right location, speeding up approvals, and ensuring long-term compliance.
Why Establish a Business in Vietnam?
Strategic Location
Situated in the heart of Southeast Asia, adjacent to China, and maintaining close trade relations with many global markets, Vietnam is an ideal gateway to the international arena. Within a four-hour flight, businesses can reach most Southeast Asian countries and major Asian economies, making Vietnam a prime springboard into global markets.
Tax Incentives
The Vietnamese government offers corporate income tax reductions, import-export tax breaks, and special incentives in industrial parks. Certain high-tech and manufacturing enterprises may enjoy tax relief for up to 15 years, significantly reducing operational costs.
World-Class Infrastructure
Vietnam is continually upgrading its international airports, deep-water ports, highways, and economic zones to build a modern logistics network that ensures efficient operations and swift connections to global supply chains.
Abundant Talent Pool
Vietnam boasts a young workforce with relatively high educational attainment. The government is investing heavily in vocational training and tech talent development, providing quality human resources for manufacturing, IT, finance, and more.
Government Support
The Vietnamese government actively attracts foreign investment, promotes economic reforms, and accelerates digital transformation. It offers streamlined business incorporation procedures, simplified administrative approvals, and encourages innovation across all sectors.
FTA Advantages
Vietnam has signed free trade agreements (FTAs) with over 50 countries and regions worldwide, including the EU, the US, China, Japan, Korea, and ASEAN, granting businesses easier access to international markets and preferential zero or low tariff rates.
What Is the Process for Establishing a Company in Vietnam?
With steady economic growth, government investment support, and simplified company registration procedures, Vietnam has become a top choice for foreign enterprises looking to enter the Southeast Asian market. Whether in manufacturing, technology, trade, or services, businesses can find a conducive environment in Vietnam. Below is the complete registration process:
1. Choose Your Business Activity
Before entering the Vietnamese market, you must clearly define your business nature, industry category, and the products or services you offer. Each industry may involve different legal requirements and licenses. Vanzbon will help you select the most suitable business model and develop a compliant commercial plan.
2. Choose a Registration Location
Based on your business needs, select the appropriate province, city, or economic zone for registration. Vietnam is generally divided into Northern, Central, Southern regions, and specialized economic parks. Hanoi and Ho Chi Minh City are well-suited for finance, technology, and service-oriented businesses.
Haiphong, Bac Ninh, and Binh Duong are ideal for manufacturing, industrial processing, and export trade. Quang Ninh and Da Nang cater to tourism, cross-border e-commerce, and logistics. Vanzbon will help you evaluate the investment environment and pinpoint the optimal registration area.
3. Apply for Licenses
After selecting your location, prepare all necessary registration documents, including your company charter and shareholder information, proof of registered address, industry-specific licenses (e.g., import-export, food, finance), the Investment Registration Certificate (IRC), and the Enterprise Registration Certificate (ERC). Vanzbon will assist you throughout the document preparation process and submit them to the Department of Planning and Investment (DPI) to ensure a smooth registration.
4. Tax Registration & Bank Account Setup
Once the company is registered, you must complete tax registration, obtain a Tax Identification Number (TIN), register for Value-Added Tax (VAT), and open a business bank account in a local bank to manage financial transactions and investment capital. You can open VND or foreign currency accounts at local or international banks. Vanzbon will guide you in choosing the right bank and assist you throughout the account-opening process.
5. Visa & Work Permit Processing
Once the company is established, foreign investors, management, and staff may need work permits and visas to legally work and reside in Vietnam. Vanzbon provides assistance with work visas, residence cards, and dependent visas, ensuring your team operates smoothly.
Start Here and Move Toward Success!
Not sure how to establish a company in Vietnam? Vanzbon will provide professional license assessments, company registration guidance, and tailor-made business solutions to help turn your vision into reality.
