Documents and Procedures for Obtaining a Work Permit for Managers Work Permit for Foreign Managers is one of the mandatory documents required when a foreign worker wishes to work in Vietnam in an executive management position. So, what are the documents and procedures for applying for a work permit
Foreign investors establish an alcohol distribution company Vietnam is now the largest alcohol consumption market in Southeast Asia, making this an environment suitable for investors who want to invest in alcohol distribution activities. However, alcohol is an item under special control from the government, and business activities related to alcohol
Foreign investors contribute capital to tourism companies Tourism services are one of the industries that many countries are aiming to develop, tourism is also a form of entertainment that many people love. At present, the world is gradually reopening after the pandemic, the need for travel, entertainment, recreation, and
Types of Licenses Required for a Hong Kong-invested Company According to data from the Foreign Investment Agency under the Ministry of Planning and Investment (MPI), as of the end of August 2019, investment from Hong Kong investors in Vietnam reached USD 5.6 billion, ranking first among foreign investors in
Conditions Regarding Personnel for Companies with Hong Kong Capital According to the report from the Foreign Investment Agency (Ministry of Planning and Investment), the number of projects and instances of capital contributions and share purchases in Vietnam by investors from Hong Kong and its territories is increasing significantly. It
Methods of Hong Kong investment into Vietnam The total trade turnover between Hong Kong and Vietnam reached approximately USD 33 billion in 2022, a 16% increase. Therefore, Vietnam offers numerous new investment and business opportunities for Hong Kong investors. So, how many forms of investment are available for Hong
Eight – Advantages for Hong Kong-Funded Companies in Vietnam As of October 2022, Hong Kong is the 5th largest investment partner of Vietnam, following South Korea, Singapore, Japan, and Taiwan, with nearly 2,200 investment projects and a total capital of approximately 30 billion USD. The key industries attracting significant
Establishing a representative office of a Hong Kong-invested company in Vietnam. A representative office of a Hong Kong-invested company in Vietnam is a subsidiary of a Hong Kong-invested enterprise, established under Vietnamese law for the purpose of promoting trade, with the task of representing and protecting the interests of the
Establishing a branch of a Hong Kong-invested company in Vietnam In the course of doing business, Hong Kong enterprises tend to want to expand their business scope or expand their business model. One of the most common options that businesses can choose is to establish a branch or business location
Types of licenses required for Taiwanese-invested companies Vietnam has a stable economy, a large workforce, a golden population structure, and abundant natural resources. For the past 20 years, Vietnam has attracted many Taiwanese entrepreneurs in traditional industries such as textiles, footwear, and furniture to invest. The proportion of Taiwanese entrepreneurs
