Vietnam

Vietnam has emerged as a manufacturing and sourcing hub in Asia, offering political stability, competitive labor costs, and strategic proximity to key markets. With 15+ free trade agreements—including EVFTA, CPTPP, and RCEP—Vietnam provides tariff advantages and strong market access across Asia-Pacific and Europe. The country’s fast-growing consumer base, expanding middle class, and digital-savvy population further position it as a growth destination for retail, services, and tech firms. We help investors evaluate Vietnam’s geographic, operational, and compliance advantages for sustainable regional growth.

Vietnam actively promotes foreign investment through reduced barriers to entry, streamlined licensing, and targeted incentives in high-value industries. The government has modernized company establishment processes, simplified foreign contractor tax rules, and offered tax holidays for priority sectors such as electronics, green energy, logistics, and IT. Regulatory reforms also support Vietnam’s industrialization and digital transformation goals. We work closely with clients to structure their investments in alignment with changing policy environments and ensure full compliance from day one.

Vietnam’s regulatory system is improving but remains relatively document-heavy and procedural, especially for new market entrants. Foreign investors face complexity around entity licensing, work permits, transfer pricing documentation, and labor contracts. Tax and legal interpretation can vary across provinces, requiring localized knowledge and careful coordination. Our multidisciplinary teams help companies manage these realities—from obtaining investment registration certificates to aligning with accounting, tax, and HR regulations—enabling smooth day-to-day operations.

Vietnam continues to invest heavily in infrastructure, industrial parks, and logistics networks to support export-led growth. Northern provinces offer proximity to China and regional ports, while southern hubs like Ho Chi Minh City provide access to global logistics chains and supply base maturity. Central Vietnam is increasingly integrated through expressways, seaports, and SEZs. Our advisors assist with site selection, zone-specific regulations, and long-term planning for companies evaluating relocation, diversification, or expansion within Vietnam’s growing ecosystem.