In general, foreign direct investment is encouraged in Vietnam because the economy growth is depending on the attraction of foreign direct investment. As member of WTO, Vietnam has opened up the economy and welcome investment in most of areas. There are non conditional investment areas and there are conditional investment areas. The conditions for investment varies from minimum capital, professional licenses of human resources, conditions of facilities, ownership ratio of local Vietnamese entities or person…When setting up a company in Vietnam, foreign investors need to be aware of investment sectors with conditions applied to foreign investors in Vietnam.
The investment conditions applicable to foreign investors with investment projects in the fields of investment provided with this list shall be in accordance with the provisions of the international treaties to which Vietnam is a member.
At ANT Lawyers, a law firm in Vietnam with offices in law office Hanoi, Da Nang and Ho Chi Minh City, our lawyers are available to assist clients in licensing and post-licensing matters to help clients with all questions and services in setting up company, and managing the compliance of the company or other form of business entities in Vietnam during the operation in Vietnam.
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