Global Company Formation

Read Detailed Vietnam Company Formation Guide Now! Download Now

Our Team

STA's Team of Lawyers in Abu Dhabi, Bahrain, Doha, UAE, Luxembourg, Moscow, RAK, Sharjah, and Singapore. Find a Lawyer. ..

Read more information

Vietnam

Vietnam’s is located right in the heart of East Asia, and has gradually been transforming itself into a versatile market-oriented economy. It has enjoyed the benefits of a free economy, steadily, with more rapid integration into the global commercial system due to liberal market reforms including partial privatization of state-owned enterprises, liberalization of the trade and investment regimes, and modernization of the financial sector. Vietnam's well-planned socialist market economy situates situating the nation comfortably within the regional and global market.

Further liberalizations of market policies include the simplification of legal procedure, tax reduction, and land rental reduction. For these reasons, the Vietnamese Government has taken great pride in committing itself to the creation of a dynamic business environment for its foreign investors. Due to its stable political system and dynamic economic growth, the country has great incentives to offer foreign investors.

Vietnamese labour is famous for its young, hardworking, highly literate nation which breeds a strong comparative advantage in the sectors of industry and economy. Attracting foreign direct investment (FDI) has always been an essential goal of Vietnam’s external economic affairs. Through the recognition of the FDI sector as an integral branch of the economy, the government has aimed, and continues, to restructure and raise its international competitiveness in investment and development. For these reasons the country is home to a strong and appealing investment climate.

 

Related Publications

 

Related Articles

Global Company Formation