Start a Business in Vietnam

Investment Registration Certificate (IRC) is mandatory before enterprise registration — plan 15-45 days

100% foreign ownership allowed in most sectors per WTO commitments (retail, education, logistics have conditions)

Land is state-owned — foreigners get Land Use Rights via long-term leases (50-70 years)

Capital contribution must be completed within 90 days of ERC issuance

Vietnam has one of the youngest, most dynamic workforces in Asia — median age 30

Currency (VND) is managed float — repatriation of profits requires proper documentation

Manufacturing is booming due to US-China trade shift — Samsung, Intel, Apple supply chain present