How to Start Up a Business in Vietnam: 2024 Step-by-Step Guide to Turning Your Vision into Reality
Starting a business is an exhilarating yet challenging journey. Did you know that over 90% of startups fail within the first five years, according to a study by Startup Genome? The main reason lies in the lack of understanding of the product and market. However, with the right guidance, this statistic doesn’t have to define […]
Market Entry Vietnam: Comprehensive Guide for Entrepreneurs in 2024

Vietnam’s market has emerged as a hotspot for foreign investors, driven by a rapidly growing economy and a young, tech-savvy population. With a GDP growth rate averaging 6.5% over the past decade, Vietnam is one of Southeast Asia’s most dynamic markets. The country’s middle class is expected to reach 56 million by 2030, fueling demand […]
How to Obtain a Long-Term Visa in Vietnam

Vietnam’s captivating landscapes, bustling cities, and rich culture have become increasingly attractive to foreigners seeking a long-term residence. With a thriving economy and a welcoming environment, Vietnam offers a multitude of opportunities for those looking to establish themselves in the country. However, to reside legally for an extended period, you’ll need a long-term visa. This […]
HOW TO SEND PROFITS ABROAD?

Many of our Clients ask us about the remittance (to send profits abroad) from their company profits. Is it possible to send profits abroad from Vietnam to my home country? There appears to be a myth that once you have invested your money in Vietnam, it is almost impossible to get it back out again. […]
Why invest in Da Nang, Vietnam?

Why is Vietnam the best place to invest? More specifically why invest in Da Nang? Vietnam itself is one of the most dynamic emerging countries in Asia. Strong economic growth rates have been a common feature of the Vietnamese economy since the 1990s. Overseas firms are attracted by Vietnam’s population of over 87 million, supporting […]
Investment Capital Requirements in Vietnam

It is one of the questions that we hear the most from our Bizlen™ Clients: What are the investment capital requirements in Vietnam for my foreign owned company? What is the capital investment and why is it needed? In short, the capital investment is an amount of money that must be put into your […]
New Rules! Visas In Vietnam. 2020

We have recently received many questions about the upcoming changes to the rules for visas in Vietnam. Is it true that I can no longer get a 3 months tourist visa?! Do I need to invest more than USD 100,000 to obtain an investment visa? Let us clarify some things for you. Starting with making […]
Foreign Owned Business in Vietnam?

Is it possible to open my own foreign owned business in Vietnam? or should I partner with a local? Is 100% foreign investment allowed for my business? What are the advantages of having a Vietnamese partner on board? These are some of the questions that we receive very regularly. Perhaps a good idea to write […]
To Register or Not to Register Your Business?

What are the benefits of registering a business? We were recently asked about the advantages of registering a business in Da Nang. What are the benefits? What are the risks if you do business without registering your business? INVESTING IN AN EXCITING CITY Well, let us start by emphasizing that you would be registering your […]
Legal Entities in Vietnam.

You want to set up your own business in Vietnam! But you are not sure which type of business structure / legal entity to choose. Last time, we already discussed the limited liability company (LLC). As well as the joint stock company (JSC), and the representative office (RO). In this article, we will discuss some […]