Business Types in Vietnam

Investors exploring opportunities in the Vietnamese market have several business entity options to choose from this guide provides an overview of the SIX main types of businesses available for those looking to establish a presence in Vietnam: Representative Office, Limited Liability Company (100% Foreign-Owned Enterprise), Branch Office, Joint Venture, Public Private Partnership, and Joint-Stock Company.

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Vietnam, Canada target US$8 billion trade by 2023
  • Vietnam and Canada are encouraging businesses to take advantage of Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) of which the two countries are signatories.
  • Prime ministers of Vietnam and Canada have agreed to boost the two-way trade to US$8 billion by 2023 on the 50th anniversary of bilateral relations

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More than 50 US firms sound out investment opportunities in Vietnam
  • As many as 52 large firms of the Unite States, including Boeing, Coca Cola, SpaceX, Netflix, and Apple, have come to Vietnam to seek cooperation opportunities in various fields.
  • The trip is to show US businesses’ commitment to investing in Vietnam, said Marc Knapper, Ambassador of the US to Vietnam, at a press briefing on March 21.
  • According to the diplomat, Vietnam is a potential market with many business opportunities, especially when bilateral relations are developing positively, with their trade expanding vigorously over the years.

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