invest in Vietnam?
From the initial research stage, Alpha helps businesses assess their investment plans, determine an appropriate implementation approach and location, identify required procedures, and provides support throughout the process of establishing operations in Vietnam.
What form of investment are you considering?
Select the option that most closely matches your current plan.
Business / Trading
Establish a company to conduct trading, distribution, or service activities in Vietnam.
View key matters to prepare →
Factory / Manufacturing
Invest in a factory, construction, land lease, and manufacturing operations in Vietnam
View key matters to prepare →
M&A / Joint Venture
Acquire a company, transfer capital, or cooperate with a partner in Vietnam
View key matters to prepare →
Not sure which investment structure is suitable?
Discuss with Alpha →
Over 50 professionals
A multidisciplinary team of professionals across investment, accounting, tax, logistics, and other fields.
Multilingual support
Vietnamese - Korean - Chinese - English, ...
Extensive branch network
Branches and representative offices in multiple locations
End-to-end support
Support throughout the implementation and operational process.
QUICK ANSWERS TO KEY BUSINESS QUESTIONS
Factory / Manufacturing
When preparing to invest in a factory in Vietnam, businesses typically need to consider several interconnected matters, including the manufacturing sector, location, capital scale, and requirements arising during project implementation.
These factors are interconnected, and changes in the manufacturing activity, location, or project scale may affect the implementation approach. Clarifying them at an early stage helps reduce the need to revise the plan after implementation has begun.
01 — Can the company invest in its proposed manufacturing activity in Vietnam?
Vietnam permits foreign investors to engage in a wide range of manufacturing activities. However, investment feasibility should be assessed based on the specific industry, proposed products, and conditions applicable to foreign investors.
Therefore, identifying the industry and products at an early stage helps the business assess a suitable investment approach. To review a specific case, Alpha needs to understand the company’s proposed products and manufacturing activities.
02 — Where should the factory be located and how should an industrial park be selected?
Location selection depends on more than location and rental cost. Businesses should consider whether the proposed manufacturing activity can be accommodated, planning requirements, infrastructure, land or factory needs, and conditions appropriate to the project scale. The investment location may also affect eligibility for certain investment incentives.
To assess a suitable location or industrial park, Alpha needs to understand the manufacturing activity, project scale, and land or factory requirements.
03 — How should the company plan its capital and project scale?
Investment capital should be assessed together with the actual scale of the project, including planned capacity, factory area, machinery and equipment, construction or factory rental costs, and implementation schedule. An appropriate capital level may therefore vary significantly between manufacturing projects.
To review the capital structure and project scale, Alpha needs to understand the planned capacity, factory requirements, machinery investment plan, and total investment amount being considered.
04 — What procedures and licenses are required for the project?
A manufacturing project may involve several groups of procedures, from investment and company establishment to land, construction, environmental, fire safety, and sector-specific licensing requirements. However, not every project is subject to the same procedures or implementation sequence.
Specific requirements depend on the manufacturing activity, products, location, scale, and implementation plan. Alpha needs this information to identify the relevant procedures and an appropriate sequence for the project.
05 — Will the project be subject to environmental, construction, and fire safety requirements?
Potentially. Environmental, construction, and fire safety requirements do not apply uniformly to every factory project. They depend on the manufacturing activity, capacity, technology, location, existing condition of the factory, and the scope of construction or renovation.
These matters should be considered during the preparation stage because they may affect location selection and the implementation schedule. To identify the procedures that should be considered, Alpha needs to understand the proposed manufacturing activity, project scale, and factory conditions.
06 — What does the process look like from investment preparation to factory operation?
Factory implementation typically involves several interconnected tasks, from determining the investment approach and location, completing required procedures, and preparing the factory to satisfying the conditions for commencement of operations. The sequence and timeline may vary by project.
To develop an appropriate implementation roadmap, Alpha needs to understand the manufacturing activity, location, scale, factory conditions, and the company’s intended start date.
The information above is for general reference. Specific requirements and procedures may vary depending on the industry, scale, location, and particulars of each investment project.
TO HELP ALPHA DISCUSS YOUR PROJECT IN MORE DETAIL
You can share some basic information about your investment plan. Even if the information is not yet complete, Alpha can help identify the matters that should be clarified first.
Proposed manufacturing industry / products
Planned capacity / scale
Location / industrial park under consideration
Land or factory leasing requirements
Planned investment capital
Expected implementation timeline
QUICK ANSWERS TO KEY BUSINESS QUESTIONS
Business / Trading
When establishing business operations in Vietnam, foreign enterprises need to consider the proposed business activities, ownership ratio, operating model, capital scale, and any licenses that may be required.
These factors are interconnected and may directly affect the establishment structure and permitted scope of operations. Clarifying them from the outset helps the business develop a more suitable implementation plan.
01 — Is the proposed business activity subject to conditions applicable to foreign investors?
Whether a business activity can be conducted in Vietnam should be assessed based on the specific sector and the conditions applicable to foreign investors. Certain activities may be subject to requirements concerning ownership ratios, investment forms, or sector-specific licenses.
Alpha therefore needs to understand the products the company intends to trade or the services it intends to provide in order to identify the matters that should be reviewed before selecting an implementation approach.
02 — Can a foreign investor own 100% of a business operating in Vietnam?
The ability to hold 100% foreign ownership depends on the company’s proposed business activities and scope of operations. Some activities allow full foreign ownership, while others may be subject to ownership limits or requirements regarding the investment form.
To determine an appropriate ownership structure, Alpha needs to know precisely which business activities and sectors the company intends to undertake in Vietnam.
03 — What amount of charter capital is appropriate?
There is no single minimum capital requirement that applies to every business sector. Capital should be considered together with the nature of the business, operating costs, staffing plans, location, and the ability to satisfy any sector-specific requirements.
Rather than treating capital as an isolated figure, Alpha needs to understand the expected scale and operating plan in order to assess an appropriate capital structure with the business.
04 — Should the business establish a company or a representative office in Vietnam?
A company and a representative office serve different purposes. The appropriate choice depends on whether the business intends to directly conduct commercial activities in Vietnam or primarily maintain a presence for market research, promotion, and support of the overseas parent company’s activities.
Alpha needs to understand the intended purpose of the Vietnam presence and proposed activities to determine which model should be considered.
05 — What procedures and licenses are required before operations can begin?
The required procedures depend on the investment form, business sector, and scope of operations. In addition to investment and enterprise registration procedures, certain business activities may be subject to additional conditions or sector-specific licenses before operations begin.
To identify the correct scope of procedures, Alpha needs to understand the specific business activities and how the company intends to organize its operations in Vietnam.
The information above is for general reference. Specific requirements and procedures may vary depending on the industry, scale, location, and particulars of each investment project.
TO HELP ALPHA DISCUSS YOUR PROJECT IN MORE DETAIL
You can share some basic information about your investment plan. Even if the information is not yet complete, Alpha can help identify the matters that should be clarified first.
Proposed business / service activities
Products / services to be provided
Investor and country / territory
Proposed ownership ratio
Planned investment capital / charter capital
Proposed location and implementation timeline
QUICK ANSWERS TO KEY BUSINESS QUESTIONS
M&A / Joint Venture
When investing in an existing company or cooperating with a partner in Vietnam, investors need to consider the business sector, ownership ratio, transaction structure, and status of the target company.
These factors may affect the conditions for completing the transaction, the procedures required, and the obligations assumed by the investor after completion. Clarifying them at the outset helps define the appropriate scope of due diligence before an investment decision is made.
01 — Should the investor make a capital contribution, acquire capital/shares, or establish a new joint venture?
Each option creates a different investment structure in terms of ownership, level of control, and assumption of the target company’s existing operations. When investing in an operating company, investors should also consider rights, obligations, and risks arising before the transaction.
To assess a suitable approach, Alpha needs to understand the investment objective, desired level of control, and the company or partner with which the investor intends to cooperate.
02 — Is foreign ownership subject to any limits?
Foreign ownership should be assessed based on the business sectors and activities of the target company. Certain activities may be subject to foreign ownership limits or other requirements applicable to foreign investors.
The permissible investment ratio therefore cannot be determined solely from the company type. Alpha needs to understand the target company’s current business activities, scope of operations, and the ownership ratio contemplated by the investor.
03 — What should be reviewed before investing in a company in Vietnam?
Pre-transaction due diligence helps investors understand the status of the target company and obligations that may affect the investment decision. The review may cover corporate legal matters, investment, contracts, finance, tax, and other issues depending on the transaction.
Alpha needs to understand the transaction structure and initial information about the target company to determine the appropriate scope of review.
04 — How is a transfer of capital/shares to a foreign investor carried out?
The implementation sequence depends on the business sector, proposed ownership ratio, transaction structure, and status of the target company. In some cases, investment procedures may need to be completed before changes to members, shareholders, or the company owner are registered.
To determine the correct sequence, Alpha needs information about the transferor, transferee investor, transaction ratio, and business activities of the target company.
05 — What matters need to be addressed after the transaction is completed?
Completion of the transfer is not always the final step. Depending on the investment structure, the company may need to update registration information, governance arrangements, internal records, and address obligations relating to operations following the change of investor.
Alpha needs to understand the changes arising from the transaction to identify the work that should continue after completion of the transfer.
The information above is for general reference. Specific requirements and procedures may vary depending on the industry, scale, location, and particulars of each investment project.
TO HELP ALPHA DISCUSS YOUR PROJECT IN MORE DETAIL
You can share some basic information about your investment plan. Even if the information is not yet complete, Alpha can help identify the matters that should be clarified first.
Target company / prospective partner
Current business activities
Investment / cooperation objective
Proposed ownership ratio
Proposed transaction structure
Expected transaction timeline
QUICK ANSWERS TO KEY BUSINESS QUESTIONS
Investment form not yet determined
When first exploring investment opportunities in Vietnam, a business does not necessarily need to determine the investment form or required procedures immediately. The first step is to clarify the activities it intends to conduct, the expected scale, and the purpose of its presence in Vietnam.
Based on this initial information, the investment form, ownership structure, location, and potentially applicable procedures can then be assessed. Establishing the right direction from the outset helps the business focus on the issues that genuinely need to be studied for its investment plan.
01 — Where should a business start if it has not yet determined the investment form?
A business can start with its intended operating plan rather than immediately choosing an investment form. Information such as proposed activities, products or services, scale, location, and objectives in Vietnam provides the basis for assessing the available options.
Alpha needs to understand what the business intends to do in Vietnam so that the priority matters can be identified first.
02 — Should the business establish a company, invest in a factory, or invest in an existing company?
Each investment form serves a different objective. Establishing a new company, implementing a manufacturing project, or investing in an operating company differs in terms of conditions, structure, and implementation process.
The choice should be based on the activities the business intends to conduct, available resources, desired level of control, and its development plan in Vietnam.
03 — What activities can foreign investors undertake in Vietnam?
Foreign investors may participate in many business and manufacturing sectors in Vietnam, but applicable conditions can vary depending on the sector, activity, and investment form.
Alpha therefore needs to understand the products, services, or activities being considered in order to assess matters relating to market access and the investment approach.
04 — Do capital and location need to be determined from the outset?
It is not necessary to have every detail finalized during the initial research stage, but the expected capital scale and location are important factors in assessing an investment plan. For manufacturing projects in particular, location may directly affect project feasibility.
The business can provide an estimated capital amount, geographic area, and project scale so Alpha can identify the matters requiring further review.
05 — What information does Alpha need for an initial assessment of the investment plan?
The business only needs to provide the information currently available regarding proposed activities, investors, scale, capital, location, and expected implementation timing. The information does not need to be complete at the first discussion.
Based on this initial information, Alpha can work with the business to identify the matters that should be clarified before selecting an implementation approach.
The information above is for general reference. Specific requirements and procedures may vary depending on the industry, scale, location, and particulars of each investment project.
TO HELP ALPHA DISCUSS YOUR PROJECT IN MORE DETAIL
You can share some basic information about your investment plan. Even if the information is not yet complete, Alpha can help identify the matters that should be clarified first.
Proposed activities in Vietnam
Proposed products / services
Investor(s)
Location under consideration
Expected scale / capital
Expected implementation timeline
OUR SUPPORT PROCESS
Supporting you from investment planning to operations
01
Initial consultation
Discuss the business’s needs, investment direction, and initial information.
02
Investment planning
Determine an appropriate investment form, structure, and implementation roadmap based on the plan.
03
Investment & corporate procedures
Prepare and carry out investment procedures and procedures for company establishment or changes.
04
Related licenses
Review and support the procedures and licenses required based on the business sector and activities.
05
Implementation & operations
Support the work required for the business to establish and operate in Vietnam.
06
Expansion & adjustments
Support project adjustments, corporate changes, and business expansion.
KEY CONSIDERATIONS FOR INVESTORS
An effective project should consider the investment structure, tax, cash flow, and available incentives from the earliest decisions.
01.
INVESTMENT PLANNING & STRUCTURE OPTIMIZATION FROM THE OUTSET
Develop an overall approach covering the investment model, capital structure, tax, cash flow, and incentive policies from the project preparation stage, creating a sound foundation for implementation and operations in Vietnam.
02.
VAT REFUND DURING THE INVESTMENT STAGE
Advise on eligibility, review documentation, and support the business in carrying out procedures for VAT refunds arising during the investment stage in accordance with applicable regulations.
03.
APPLICATION FOR INVESTMENT INCENTIVE CERTIFICATION
Review eligibility for incentives and support the business in carrying out procedures to apply for investment incentive certification in accordance with applicable regulations.
START YOUR INVESTMENT PLAN IN VIETNAM
Provide some information about your investment plan. Alpha will contact you to discuss your needs and propose an approach suited to the business sector, investment form, and expected scale.
INVESTMENT PLAN INFORMATION
Please provide your information so Alpha can discuss your business needs in more detail.
