October 19, 2023

Open a bank account in Vietnam

For newly established Foreign Invested Enterprise (FIE), after obtaining an investment and enterprise registration license, normally all capital bank account and payment accounts in both foreign currency and VND can be opened at the same time. The VND payment account can receive bank interest according to current interest rate structure.  Several accounts may be required, …

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Types of Business in Vietnam

Currently, investors can choose from the following types of businesses to register to establish a business in Vietnam: Representative Office; Limited Liability Company; Joint-Stock Company; Branch Office; Joint Venture; Public Private Partnership. 1. Representative Office A Representative Office offers a low-cost entry option for many companies, and are among the most common for companies that …

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