HOW to Open a Business in Vietnam | Easy Guide
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- čas přidán 2. 08. 2024
- Whether you want to open a restaurant or relocate your business activities to Vietnam and increase your profits while being cost-efficient, you definitely need to open up a Vietnam company. It's easier said than done! But in this video, International U.S. Business Lawyer, Ken Duong, breaks it down and shows what you need step by step to set up a company in Vietnam. This video also covers the best business entity to choose from, market research, business name registration as well as, licenses you may need to apply for and the different types of Vietnam visas that best fit your business activities. Easy step by step guide to make your business considerations and next steps way easier!
Find out what industries restrict foreign citizens from owning and conducting companies in Vietnam | www.duongbusinessconsulting.co...
Follow Duong Global Business Consulting & International Attorney Ken Duong | / duongbusinessconsulting
Find out how we can help you move to Vietnam | www.duongbusinessconsulting.com
Very well presented and informative. Thank you.
Very useful and important points.. Thanks a lot
Em mê kênh anh lắm ạ,Việt Nam cần phát triển nhiều content thế này hơn nữa.
Much documents....I am lucky because my wife is Vietnamese and we have business and we whant to open one business more this year.
We are living in London and soon we go back for ever to Vietnam.
Good luck to news investments in Vietnam.
I speak Spanish too if you need ask me anything about
Hola amigos thats what i can only say :))
So easy to get and to understand thank you for ur participation 👍👍👍
Keep watching
I'm a American business owner looking at Vietnam
If you need help, please let us know.
Great info, bro.
Glad it was helpful!
Seem like opening and operating a business in Vietnam is pretty complicated. Hopefully in the future it will be simpler like it is in Singapore .
Will be in touch.. 👍
hello. this is very interesting
Thanks for visiting!
Hi i am start a it business in Vietnam
Hello Ken, thank you for the comprehensive information throughout your videos, they are a great help. May I ask, as an entrepreneur coming to Vietnam in June 2022, what visa would you suggest that I apply for in order to conduct a SWOT analysis for approx 6 -12 months, after which I would intend to stay long term to operate the business?
Thanks for your comment. It depends on the passport you have, but try to apply for a 1-year multiple entry tourist visa, which is the most cost-efficient.
@@duongglobalbusinessconsulting Thank you for your very fast reply, Ken, and so very helpful as well. I have an Australian passport, can I apply for this visa online or do you have an agent that you can recommend?
With a BR account can I submit my application online?
thanks for your videos and all your work here! i think to move in vietnam and start up business there. next time can you show prices in US$ or euro at least, because its a little bit difficult to calculate 11:03 immediately in US$
SUherryyczkj
$1.00=.85c euro $1.00=23,000vnd
In Vietnam $ 1 dollars i can eat all day for good foods if i cooked at home 🥦🫑🫒🌶🍅🧄🍆🥔🥕🥒🥜🧅🦑🦐🦈🐟🍍🧋☕🍺🍽🥢
@@sutannguyen8599 thanks!
@@minhinhvan6836 yes of course
I want to know if recycling business are restricted to foreigners.
Is there a minimum capital requirement to start a small eatery or mini-restaurant?
I like to invest in Vietnam
Thank you for your informational videos. I would like to know about opening a language center in Saigon; is it possible, and if so, is it complicated to get licenses?
Welcome foreign entrepreneurs!
Hello Ken. I’ve been following your videos for quite a long time. I’m from California, now residing in Hoi An. I would like assistance in setting up a company here in Vietnam. Are you interested in discussing my plans and possibly helping me? 1) setting up my company here. 2) acquiring a business visa so that I’m no longer dealing with 30 day tourist visas!
doing business with Vietnamese ... good luck !
be ready to regret painfully
I opened a nails salon in vn is a pain, landlord is horrible and customer wont come to ur business unless is been around for 1 year.
I want to open English center in Vietnam or a single proprietorship small drugstore, what are the qualifications and process
Hy
Sir How Can I start a Small restaurant in Vietnam!
is there any option for investment UNDER 3BN VND as a number of businesses can be set up for under that amount! Digital Nomads for example... many can run thier business on just a laptop so do they need to invest over 3BN? thanks... also how can we get a longer visa in order to conduct a SWOT analysis for say 6-12months as a British passport holder in order to do the research etc to open a business there..considering current post covid situation? many thanks..
Got a question if can be answered.
Are banks in Vietnam foreigners friendly?
Is is difficult to open up an account and get a visa card?
I am in China, and banks seem to become more and more complicated here. With no visa and mastercard, you in fact can do nothing for sending and getting transfers.
Get one demands tooooooooo much docs which are not always possible to provide.
I wonder if this is similar in Vietnam for foreigners?
Here is the answer: czcams.com/video/g8vMhE5WcuM/video.html
I wanna open a music productions and recording studio
where I will teaching modern music classes would it be easier than factory?
Tri Vo yes much easier than factory. Will you be issuing a certificate?
@@duongglobalbusinessconsulting Yes Possibly!
@@7saigon5 email us and we would be happy to help.
Hi there, Thank you for your informative video. I am a Canadian citizen and thinking of opening up a trading company for import and export in Vietnam. How difficult will it be for me to start ? Thank you
Hi
How can i started restaurant business in Vietnam
How to registered a travel company in Vietnam .
Did we just miss the boat? What is this new capital rule implemented since July 1st I am hearing by the vietnamese government?
I have an established online voice over business in the US. Would like to live in Vietnam and continue there. The info in this video does not mention my type of business. I work out of my home and need little equipment to do so. What are some options for this type of business?
A wholly foreign owned company can be an option. Another is a representative office. Please send us an email to contact@duongbusinessconsulting.com detailing your case and a corporate attorney will answer your questions.
Would like open sea food packaging unit, please give the updated information and investment
We have a legal due diligence service for that. If you are interested in knowing more about it, please send us an email at contact@duongbusinessconsulting.com
i what to do business in Vietnam in the gemstone export
Please email us at contact@duongbusinessconsulting.com.
Hello! Do you know in Vietnam is possible to sell plants 🌱 and vegetables 🥕 for foreigners? Is it will be legal? And what kind of business is it exactly?
Yes you can! Please contact us in FB messenger, our legal team will advise you accordingly
facebook.com/duongbusinessconsulting
Hello, is it any contack info to your office in Vietnam? I am thinking about opening a company there?
Yes you can contact us and we can help: contact@duongbusinessconsulting.com
I want to do business of sending very famous sheep and goats to Vietnam from India, please suggest, how to do..?
Or
Want to do business of sending famous spices and spice powders from India to Vietnam
You need a license to import agricultural products.
Can I open Vietnamese business and the business sponsor a visa for me?
Yes, depending on the type of business and investment.
DT 4 is no less than 3BN? What is the difference from DT3 which is the same minimum of 3BN? Or DT4 is up to 3BN?
12:03 Visa validity.
Dude, "weeknesses" from the SWOT analysis should be "weaknesses".
Cần phụ đề tiếng việt cho những người k biết tiếng anh
What about those who were blacklisted through no fault of their own, having followed all the rules, even during the unfolding of the pandemic? Will they still be welcomed? Any news? Asking for a friend.
I want to live in VN, hire VN, but only have my business in USA so no one can take it from me. As in. We develop software with a office but dont pay taxes
You can set up a company in Vietnam. Especially software companies have really good rate for taxes
You can contact some tax firms for more details
Im looking as a retired business owner from Belgium and USA Im looking at Da Nang to retire by end 2025 ,and maybe open a small eatery in that area .Looking for your advice
Please feel free to send us an email to schedule a video call.
Hi, is there any way to start a business in Vietnam with less than 3 billion Dong? For example, would it be possible to open a food stand or small restaurant location with the investment of $10,000 USD and be able to obtain a business or investment visa? Thanks
Guessing that you can get a normal business/work visa, but not an investment visa 🤔. Not sure though.
To get an investment visa the minimum investment is $50,000 USD.
I wood-like to find suppliers in Vietnam to Export Laminate , and Vinyl Flooring , to USA.
You should visit this youtube channel: Focus Asia-Pacific or maybe contact the owner of that channel too, Michael. I hope this might help.
Can I own an LLC in Delaware and control it from Vietnam as a 100% foreign firm ?
Yes, you can.
Escaping from Sleepy Joe Biden?
Hello ,, I want to invest in aquaculture in Vietnam
How come i came to vietnam many tines and i can't find document agency help business visa and licence. I did not find your office either
We do not know how to answer your question, but we will be happy to help.
lol , it's Vietnam
Dear sir I want to open a new company how to do it..
Thanks for contacting us. Great question, as this is the video for you. Please watch it and let us know if you have specific questions.
Sir how to flight cargo export Vietnam to indian tell me questions
For consulting, please send all your questions to contact@duongbusinessconsulting.com
contact me i will help you in this i am an indian company for the freight forwarding in mumbai office all over metro city
Nice video
Investing might be a good idea but if one invests wrongly then they will have a lot of years filled with regrets
I'm always happy these days to see all online investment booming, this is our only survival at this time, the government has been playing games with us the citizens of the world . The means we have at hand now to stay strong is to investment plans and trading plans ,do what is best for you and your future. Don't waste your precious time waiting and depending on the government, on like what i saw in stimulus video here on CZcams where a lot of people are ignoring waiting for stimulus checks. Make your own money, invest on something that has the capability to gain you income
@@carlosbill2185 You are right about that, profits rates are standing at the test of time must really be considered when picking an investments
@@ballackgray3145 Yeah!!! The right choice of investment has always been a big problem for me because i know that picking up the wrong investment will leave a big scar on my face.
@@jessicaluis9973 There might be so many investment out there but if profits must be considered which is actually the sole aim of every investment i will advice you go into forex because it has a higher profits rates.
I want to open an Indian restaurant in Vietnam. Is it possible?
Yes, it is possible.
Hello Sir, please share you Buisness card for personal meeting with you regarding Establish new business in Ho chi minh city Vietnam. THANK you
Please use the contact information shared in the video.
Thank you It’s the very clear and useful information.
How can I contact you?
By email: contact@duongbusinessconsulting.com
Hi, I would like to ask, when doing business with Vietnamese companies, how does the business law protect foreigners from avoiding being scam? I encountered in 2020, I paid 3 separate local companies in Vietnam to purchase products but supplier fail to deliver, refuses to refund, send threaten notes to me, i paid lawyers, abitration courts and even debt collectors, I made police report to PC03, Ho Chi Minh, file is sitting untouched, suppliers twisting their stories and till today (2022), I still can't get my money back, total amount is 24bil VND.
Hello Jason, thanks for your question. In order to best protect yourself against legal issues, you need at least to have your business deal supervised by an international business law firm that will first draft a purchase agreement that protects your rights. Then, if you have a local business entity, it will simplifies the legal procedures in terms of time and cost, as both parties will be under the same jurisdiction. Thus, it is recommended to have a subsidiary here that will sign contracts. Then, business due diligence on supplies can be initiated to ensure those local companies do not have issues with the law. As a note, we provide all those services as well.
@@duongglobalbusinessconsulting yes I have an business entity setup in Vietnam. The contract were signed in Vietnam, paid VND via our corporate account in Vietnam. Do you have solutions to bringing these companies to justices and pay back whatever they took and compensation for our losses
Please send us an email at contact@duongbusinessconsulting.com detailing your litigation. We will be happy to review it and determine whether we can take your case.
Just open :))
where is the link for the list
What kind of list are you referring to?
@@duongglobalbusinessconsulting Our company is interested to open a civil explosive manufacture factory in free trade zone.
Hi, sar
I'm masud rana I'm from Bangladesh I want to open a small business in Vietnam like garmet shop or restaurant i have 10 laukh Bangladeshi money is it possible to open with that amount?
Yes that could be enough. What type of restaurant do you want to open? What experience do you have in restaurants?
@@duongglobalbusinessconsultingi don't have any experience, can you suggest any small business for me
@@mrchanel4176 sorry then it would be tough for us to help you. We work with folks who have business ideas already and experience.
@@duongglobalbusinessconsultinghow about hotel business, how much money should I have to start
@@mrchanel4176 $100,000 USD
Can I just buy a sugarcane cart for $1000 and have that as my business for a D4 visa?
No.
49% makes me an employee who can be terminated at will , that's problematic , it's a little bit amusing , for "ownership" rights 49% might just as well be zero %
It's easy indeed ....as long as you know the right channel for bribery.
It not communist anymore
And to think, Vietnam is a communist socialist country. Never let the u.s think they are anti-communist.