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This magazine is based on Dezan Shira & Associates’ years of experience in supporting foreign enterprises in Vietnam.
Vietnam’s lure of a favorable investment environment, including competitive costs, talent market, and free trade agreements, have made it an ideal location for investors seeking to diversify supply chains and lower operation costs. Nevertheless, foreign investors considering the Vietnamese market need to have a clear understanding of the capacity and limitation of Vietnamese production.
As Vietnam faces its most serious outbreak of COVID-19, with factories shut and production lines affected, many businesses have had to resort to alternative business continuity measures to ensure factory activity can continue. While this is a challenging time for the country, the government has asserted its dual priorities of containing the pandemic and ensuring economic activity. Most investors remain bullish and while they acknowledge that the recent wave has caused production problems, long-term investment plans will not change.
In this issue of Vietnam Briefing, we detail market entry options in Vietnam, followed by a set up guide, including land use rights for new investors in the country. We conclude with Vietnam’s labor market, taxes, and hiring staff considerations.
For more information and advice on how to plan a relocation to Vietnam please contact us at [email protected].
About Us: Dezan Shira & Associates is a specialist foreign direct investment practice that has grown into one of Asia’s most versatile, full-service market entry, legal, tax, accounting, HR and operational consultancies for international businesses and corporate investors and with numerous offices throughout Vietnam, Singapore, Indonesia, China, Hong Kong SAR, India, Europe and North America. Our publishing subsidiary Asia Briefing, founded in 1999, publishes regionally focused briefings which cover, the ten ASEAN countries, China, Hong Kong SAR, India, Russia, Vietnam – and a focused Belt and Road Initiative briefing as well. Our briefing updates provide intelligence to businesses and foreign investors interested in or operating in these international markets via regulatory updates, analysis and commentary on today’s real issues concerning the foreign investor in Asia.
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