Our collection of resources based on what we have learned on the ground

Resources

Q&A

Why is the Hoa Khanh Industrial Zone(HKIZ) in Vietnam an attractive destination ...

Why is the Hoa Khanh Industrial Zone(HKIZ) in Vietnam an attractive destination ...

HKIZ attracts manufacturers from the garments and electronics industry as its infrastructure and facilities are structured to meet the specific needs of these growing industries. Services provided to the investors include access to water, electricity...

Q&A

Why is the Vietnam Singapore Industrial Zone(VSIZ) in Vietnam a favorable option...

Why is the Vietnam Singapore Industrial Zone(VSIZ) in Vietnam a favorable option...

Located in Binh Duong province’s Thuan An district, the VSIZ has showcased Vietnam’s evolving capacity to host investors and to facilitate a variety of manufacturing from food processing to medical equipment. In addition to a series of ta...

Q&A

What are the main reasons that cause factories to shift from China to Vietnam?

What are the main reasons that cause factories to shift from China to Vietnam?

During the past five years, Vietnam’s exports have doubled and compared to the previous year, total exports increased more than 13.6 percent. Vietnam is trying to attract manufacturing from Guangdong which is China’s traditional base. To ...

Q&A

What is the corporate governance structure of foreign-invested multi-member limi...

What is the corporate governance structure of foreign-invested multi-member limi...

Multi-member limited liability companies (LLCs), among the most popular foreign-invested enterprises in Vietnam, are managed by a Member’s Council which directs major strategy changes and annual business plans. The Member Council Chairman, a po...

Q&A

What three forms may joint ventures (JVs) between domestic and foreign investors...

What three forms may joint ventures (JVs) between domestic and foreign investors...

The three forms joint ventures (JVs) between domestic and foreign investors in Vietnam may take are limited liability companies (LLCs), joint stock companies (JSCs), and partnerships. LLCs are offer limited liability ownership yet cannot issue shares...

Q&A

Besides joint ventures (JVs) with local partners, what other options do foreign ...

Besides joint ventures (JVs) with local partners, what other options do foreign ...

Foreign businesses wanting to do business in yet not enter into a joint venture (JV) with a local partner have three options – branches, representative offices (ROs), and business cooperation contracts (BCCs). Foreign entities can establish bra...

Q&A

What is a ?red invoice,? and what is their significance to commercial operations...

What is a ?red invoice,? and what is their significance to commercial operations...

Simply put, a “red invoice” is the nickname given to Vietnam’s Value Added Tax (VAT) invoices. Such invoices are mandated to undertake commercial activities such as the sale of goods and services, imports of foreign goods, and expor...

Q&A

How many types of Value Added Tax (VAT) invoices exist in Vietnam, and what are ...

How many types of Value Added Tax (VAT) invoices exist in Vietnam, and what are ...

In Vietnam, the tax system supports self-printed Value Added Tax (VAT) invoices, e-invoices, ordered invoices, and invoices purchased from the local Municipal Taxation Department. Enterprises within hi-tech parks and economic development zones, along...

Q&A

What is VECITA?

What is VECITA?

VECITA is Vietnam’s Ministry of Industry and Trade E-Commerce and Information Technology Department. It works together with regional governments in order to support the creation of the ASEAN Economic Community as well as to promote the developm...

Q&A

How do sellers working in the e-commerce industry usually receive payment in Vie...

How do sellers working in the e-commerce industry usually receive payment in Vie...

There are usually several different ways in which online payments can be made, including the use of credit cards, intermediary methods, via SMS, as well as by cash on delivery. However, most online payments in Vietnam are made by cash on delivery wit...

Q&A

What are some of the trends we can see with regards to the e-commerce market in ...

What are some of the trends we can see with regards to the e-commerce market in ...

The below are some of the trends which we can see developing in Vietnam’s e-commerce market: In 2015, 39 percent of the Vietnamese population is online. Furthermore, Vietnam has the third highest number of internet users out of the ASEAN cou...

Q&A

What does Vietnam's regulatory framework provide to protect those investing in t...

What does Vietnam's regulatory framework provide to protect those investing in t...

Vietnam’s regulatory framework provides security guarantees for foreign enterpreneurs when starting an e-commerce business in Vietnam. The government has established some regulations such as on e-signature and certification, banking transact...

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