Vietnam is considered a fertile land for foreign investors who want to invest in Southeast Asia countries. Besides the stable political and macroeconomic situation, the abundant young labour force, and a golden population structure, Vietnam’s investment environment has seen the appearance of many new factors, helping increase its attractiveness to foreign capital flows.
These new factors include COVID-19 prevention efforts as recognized by the world, showing a better response to the global crisis than many other countries and the positive growth of the economy.
Accordingly, as a foreign investor, you can invest in Vietnam in several ways, including establishing a new company, acquiring or investing in an existing company, setting up a branch or representative office, or using contractual arrangements.
In determining the structure of its investment in Vietnam, a foreign investor will need to consider such factors as:
- The scope and nature of the proposed investment and business activities, and the related licensing requirements;
- Whether there are any foreign ownership restriction in the relevant investment sector;
- Whether it is necessary or desirable to involve a local partner; and
- The tax implications of the available structures.
Source: Vietnam Insider