One of the fastest-growing countries in the world, Vietnam’s future is bright – and businesses are jumping at the opportunity to take part of this growth story (Vietnam received a record US$17.5 billion in FDI in 2017). Vietnam’s economic prospects are underpinned by a stable government, abundant natural resources, an ideal geographic location, WTO integration and youthful demographics.
Reasons to do business in Vietnam include:
- Rapid economic growth
- Favorable demographics
- An educated workforce
- Improved legal environment
- WTO integration
Doing Business in Vietnam
Vietnam has unique business and cultural traits that shape a company’s experience in the country. To avoid any unintentional faux pas and to make life easier, here is a list of important facts about doing business in Southeast Asia’s fastest-growing economy:
- Tax obligations
- Visa policies
- Social insurance fund
- Employment considerations
- Business etiquette
How Tricor can help in Vietnam
Tricor Vietnam Company Limited and Tricor Services Vietnam Company Limited (Tricor Vietnam) have offices in Ho Chi Minh City, Hanoi and Da Nang, Vietnam. Tricor Vietnam leverages on the experience of partners and managers of a legacy firm that has more than 10 years of experience supporting foreign investors doing business in Vietnam.
Tricor Vietnam provides a comprehensive range of professional services to support clients entering the Vietnam market. These services include market entry advisory, investment licensing / company incorporation, representative office registration, as well as company secretarial, accounting, tax and payroll services.
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