The fifth myth – You cannot get your investment in Vietnam back out

investment in Vietnam

Making an investment in Vietnam, starting a business, operating it and making a profit is something that a lot of foreign investors aspire to do. Unfortunately, there are great business ideas that have been discarded due to misleading information which discourages investors. One of them is the rumour that when you invest your money, you […]

The fourth myth – The fixed costs of running a business in Vietnam is expensive

running a business in Vietnam

The fourth myth in Bizspective’s series “Debunking myths about opening a company in Vietnam” is about the fixed costs. Some foreign investors believe that the fixed costs of running a business in Vietnam are expensive, but is that true? What are the fixed costs of running a business in Vietnam? Fixed costs are costs that […]

The third myth – Registering a company in Vietnam takes ages

Registering a company in Vietnam

During the Bizspective Talkshow – “Debunking myths about opening a company in Vietnam”, one of the common myths was “Registering a company in Vietnam takes ages”. This is a well-known statement that could discourage foreign investors from investing in Vietnam. So, without further ado, let’s see how this myth was debunked by our experts. How […]

Bizspective Vietnam news highlights – April Vol. 1

Vietnam news

Vietnam’s vaccine passport updates From April 15, Vietnam began to issue vaccine passports to people. Vietnam’s electronic vaccine passport uses the standards issued by WHO and EU, currently being used in 62 countries and more countries will be added soon. Vaccine passports are displayed on the Electronic Health Book application, PC-Covid or on the Portal […]

Top virtual offices in Vietnam

Virtual offices in Vietnam

1, Virtual offices in Vietnam 1.1, What is a virtual office? A virtual office is indeed virtual, which means it has zero space for you to use. The main benefit is that someone intending to open a company in Vietnam does not need to lease an office and can keep a low budget by renting […]

Bizspective Vietnam news highlights – March Vol. 2

Vietnam news

Business boom in Vietnam According to newly announced data from the General Statistics Office, the Ministry of Planning and Investment, the number of newly-established enterprises and those who return to operation in the first quarter of 2022 increased by 36.7% over the same period last year. The total registered capital increased by 21%. In March […]

How to choose a Vietnam sourcing agent

Vietnam sourcing agent

With the advantage of a young workforce and an abundance of natural resources, there is a huge potential for sourcing in Vietnam. Nowadays, suppliers in Vietnam are trusted by many domestic as well as foreign enterprises. Since there are thousands of factories and suppliers specialising in manufacturing different products in Vietnam, finding a reputable and […]

Enterprise Registration Certificate in Vietnam

Enterprise Registration Certificate

You may have heard of an ERC – Enterprise Registration Certificate, however, you might not be sure exactly what it is used for. Here is a short article explaining what an ERC is. What is an Enterprise Registration Certificate? ERC (Enterprise Registration Certificate) is a mandatory legal certificate for you to be eligible to set […]

Investment Registration Certificate in Vietnam

Investment Registration Certificate

Along with the Enterprise Registration Certificate, the Investment Registration Certificate is a required certificate in the business registration process for foreigners who want to open a company in Vietnam. For foreign investors (companies and individuals), the process and conditions for setting up a business are different from those of Vietnamese… Therefore, it’s good to thoroughly […]

Bizspective Vietnam news highlights – March Vol. 1

Vietnam news

Tourism is finally back after 2 years! On March 15, the Government issued a resolution on unilateral visa exemption for citizens of the following countries: Germany, France, Italy, Spain, UK, Russia, Japan, South Korea, Denmark, Sweden, Norway, Finland, and Belarus. Citizens of 13 countries are exempt from visas when entering Vietnam with a temporary stay […]