The investment situation from China in Vietnam
In recent years, investment capital from China to Vietnam has undergone significant changes, continuously rising in rankings, increasing in scale, altering in form and sectors, and expanding geographically. While in previous periods, Chinese capital primarily focused on small-scale investments in sectors such as hotels, restaurants, and consumer goods manufacturing, there has been a strong shift and significant changes in investment fields recently.
Chinese FDI capital is now concentrated in various sectors, including textiles, leather and footwear, fiber production, thermal power, and mineral exploitation…
Advantages of investing capital from China in Vietnam
- Geographical Location: Vietnam has a long coastline and numerous deep-water ports, making it an important distribution hub in the world. Its land border with China facilitates the transportation of raw materials from the world’s largest goods market.
- Political Situation in Vietnam: Relatively stable, with almost no cultural divides or ethnic conflicts. This ensures a favorable business environment for foreign enterprises investing here.
- Investment Attraction Policies in Vietnam: Such as reducing customs duties, corporate income tax, and developing infrastructure, which lessen certain administrative procedures related to investment and further promote foreign investment attraction.
- Infrastructure: Authorities are increasingly focusing on improving the business environment for foreign investors in Vietnam, accelerating the construction of infrastructure such as highways linking border gates, international airport projects, power system infrastructure, and establishing more high-tech industrial zones and new economic zones.
- Human Resources: Vietnam is a country with a young demographic structure, approximately 40% of the population has completed high school, and about 23.1% have received vocational training.
Chinese-invested enterprises in Vietnam
Investigating the investment capital situation from China in Vietnam.
CNTIC Enterprises
In the electricity and energy sector, the China National Technical Import and Export Corporation (CNTIC) – one of the largest state-owned enterprises in China – has also chosen Vietnam as a long-term investment market.
CNTIC considers Vietnam a priority market and is extremely interested in developing and investing in large power generation projects utilizing clean energy sources such as solar power, wind power, and LNG. With hundreds of industrial zones in Vietnam, CNTIC is also aiming to invest in rooftop solar energy projects based on private power purchase agreements.
Other Projects with Investment from China in Vietnam
In addition, Chinese investors have numerous projects in industrial zones. Some industrial zones that have received investment from Chinese investors include: Dinh Vu Industrial Zone (Hai Phong), Hoa Phu Industrial Zone (Bac Giang), Nam Tan Uyen Industrial Zone (Binh Duong), and Chau Duc Industrial Zone (Ba Ria – Vung Tau).
Why You Should Choose Siglaw Law Firm for Establishing a Company with Chinese Investments in Vietnam
Siglaw Law Firm was established by a team of lawyers and legal experts with over 10 years of experience in the field of establishing companies with Chinese investments in Vietnam; work permits; intellectual property; foreign investment, and more. Therefore, we are always updated with the latest changes in corporate business laws in China and guide our clients in preparing accurate documentation from the very beginning!
Siglaw’s Incentive Policies for Newly Established FDI Enterprises:
- Free legal consulting for 12 months after the establishment of the business.
- Free tax consulting for 12 months after the establishment of the business.
- Free consulting on FDI tax incentives for businesses.
- Free consulting on industries and sectors benefiting from FDI incentives, tailored to customer needs.
- Free consulting on initial tax procedures for newly established companies.
- Free consulting on tax declaration and reporting for the first three months after establishment.
- Complimentary labor contract templates for newly established businesses.
Siglaw’s Commitments in Providing Services:
- 100% On-Time Completion: Siglaw guarantees that all work will be completed according to the agreed timeline.
- Reasonable Costs: Siglaw is committed to providing the most cost-effective solutions in the market.
- Fast Completion Time: Siglaw ensures the quickest turnaround time for our services.
- No Hidden Fees: Siglaw promises that there will be no additional costs incurred during the provision of our services.
- Free Business Advantage Consultation: Siglaw analyzes your company’s strengths in relation to current legal regulations at no charge.
- 24/7 Free Consultation: Siglaw offers ongoing legal support and consultation for your business, available 24/7.
- Legal Risk Management: Siglaw helps control legal risks for your business.
- Dedicated Customer Support: Siglaw provides enthusiastic, attentive, and caring support to our clients and partners, fostering trust and confidence in our services.
For the most detailed support, please contact Siglaw!
Phone: (+84) 961 366 238
Email:
- vphn@siglaw.com.vn
- vphcm@siglaw.com.vn
Headquarters: No.44/A32-NV13, Gleximco A, Le Trong Tan street, An Khanh, Hoai Duc, Ha Noi, Vietnam.
Southern branch: A9.05 BLOCK A, SkyCenter Building, 5B Pho Quang Street, Ward 2, Tan Binh District, Ho Chi Minh City, Vietnam.
Central branch: 177 Trung Nu Vuong, Hai Chau District, Da Nang City
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