The economic cooperation between Bulgaria and Vietnam can develop in food industry, agriculture, machine building and finance, Vasil Todorov from the Bulgarian Chamber of Commerce and Industry said.
There will be 20 companies from Vietnam and over 30 Bulgarian companies held negotiations for import of highly-qualified workforce in Bulgaria, Vasil Todorov added, reported by BNT
The trade agreement between the EU and Vietnam is a good basis for the future economic cooperation. Nguyen Thi Thu Thuy from the Vietnam Trade Promotion Agency invited the Bulgarian entrepreneurs and investors to participate at the Vietnam Food Expo 2019 in the city of Ho Chi Minh in November.
If you are interested in set up a company in Vietnam as foreign investors from EU, you can form one of several kinds of legal entities with a Limited-Liability Company (LLC) and a Joint-Stock Company (JSC) being the most popular choices. According to Sophie Dao, Partner at GBS – A business and legal services firm in Vietnam, the legal entity is then categorized based on the percentage of its foreign investment. As most industries in Vietnam allow foreign investors to own up to 100% of shares, a Wholly Foreign-Owned Enterprise (WFOE) is a common business structure in Vietnam. Foreign investors can also find a local partner and incorporate a Joint Venture Company with local-foreign ownership.