HOW to Open a Business in Vietnam | Easy Guide

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  • Опубліковано 23 лис 2024

КОМЕНТАРІ • 139

  • @ernesto99111
    @ernesto99111 3 роки тому +5

    Much documents....I am lucky because my wife is Vietnamese and we have business and we whant to open one business more this year.
    We are living in London and soon we go back for ever to Vietnam.
    Good luck to news investments in Vietnam.
    I speak Spanish too if you need ask me anything about

    • @hungta6314
      @hungta6314 3 роки тому +2

      Hola amigos thats what i can only say :))

  • @hue9962
    @hue9962 3 роки тому +8

    Seem like opening and operating a business in Vietnam is pretty complicated. Hopefully in the future it will be simpler like it is in Singapore .

  • @23lkjdfjsdlfj
    @23lkjdfjsdlfj 4 місяці тому

    Very well presented and informative. Thank you.

  • @kolakola4479
    @kolakola4479 3 роки тому +3

    Very useful and important points.. Thanks a lot

  • @danielreid6041
    @danielreid6041 2 роки тому +2

    I'm a American business owner looking at Vietnam

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  2 роки тому

      If you need help, please let us know.

    • @tankq888
      @tankq888 5 днів тому

      I'm looking to start a business in Vietnam are you able to help someone like me from Australia Ken?

  • @faraiwillie07
    @faraiwillie07 10 місяців тому +1

    With a BR account can I submit my application online?

  • @LinhLe-by1ff
    @LinhLe-by1ff 3 роки тому +2

    Em mê kênh anh lắm ạ,Việt Nam cần phát triển nhiều content thế này hơn nữa.

  • @pavankumarsriramagiri8319
    @pavankumarsriramagiri8319 4 роки тому +4

    Hi i am start a it business in Vietnam

  • @duanewatson3249
    @duanewatson3249 2 роки тому +2

    Hello Ken, thank you for the comprehensive information throughout your videos, they are a great help. May I ask, as an entrepreneur coming to Vietnam in June 2022, what visa would you suggest that I apply for in order to conduct a SWOT analysis for approx 6 -12 months, after which I would intend to stay long term to operate the business?

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  2 роки тому +1

      Thanks for your comment. It depends on the passport you have, but try to apply for a 1-year multiple entry tourist visa, which is the most cost-efficient.

    • @duanewatson3249
      @duanewatson3249 2 роки тому

      @@duongglobalbusinessconsulting Thank you for your very fast reply, Ken, and so very helpful as well. I have an Australian passport, can I apply for this visa online or do you have an agent that you can recommend?

  • @richardkaram468
    @richardkaram468 3 роки тому +1

    So easy to get and to understand thank you for ur participation 👍👍👍

  • @phuco9564
    @phuco9564 Рік тому

    doing business with Vietnamese ... good luck !
    be ready to regret painfully

  • @rogerroessler2223
    @rogerroessler2223 Рік тому +1

    Hello Ken. I’ve been following your videos for quite a long time. I’m from California, now residing in Hoi An. I would like assistance in setting up a company here in Vietnam. Are you interested in discussing my plans and possibly helping me? 1) setting up my company here. 2) acquiring a business visa so that I’m no longer dealing with 30 day tourist visas!

  • @mr.analyst6447
    @mr.analyst6447 2 роки тому +1

    Is there a minimum capital requirement to start a small eatery or mini-restaurant?

  • @rambomadaba1
    @rambomadaba1 3 роки тому +1

    I want to know if recycling business are restricted to foreigners.

  • @kanatmukatov2730
    @kanatmukatov2730 4 роки тому +2

    thanks for your videos and all your work here! i think to move in vietnam and start up business there. next time can you show prices in US$ or euro at least, because its a little bit difficult to calculate 11:03 immediately in US$

    • @johnvick395
      @johnvick395 3 роки тому

      SUherryyczkj

    • @sutannguyen8599
      @sutannguyen8599 3 роки тому

      $1.00=.85c euro $1.00=23,000vnd
      In Vietnam $ 1 dollars i can eat all day for good foods if i cooked at home 🥦🫑🫒🌶🍅🧄🍆🥔🥕🥒🥜🧅🦑🦐🦈🐟🍍🧋☕🍺🍽🥢

    • @kanatmukatov2730
      @kanatmukatov2730 3 роки тому

      @@sutannguyen8599 thanks!

    • @kanatmukatov2730
      @kanatmukatov2730 3 роки тому

      @@minhinhvan6836 yes of course

  • @imtherain
    @imtherain 3 роки тому

    I opened a nails salon in vn is a pain, landlord is horrible and customer wont come to ur business unless is been around for 1 year.

  • @nataliatorkhova8793
    @nataliatorkhova8793 3 роки тому +1

    Got a question if can be answered.
    Are banks in Vietnam foreigners friendly?
    Is is difficult to open up an account and get a visa card?
    I am in China, and banks seem to become more and more complicated here. With no visa and mastercard, you in fact can do nothing for sending and getting transfers.
    Get one demands tooooooooo much docs which are not always possible to provide.
    I wonder if this is similar in Vietnam for foreigners?

  • @7saigon5
    @7saigon5 4 роки тому +3

    I wanna open a music productions and recording studio
    where I will teaching modern music classes would it be easier than factory?

  • @missnatureenthusiast
    @missnatureenthusiast Рік тому

    Dude, "weeknesses" from the SWOT analysis should be "weaknesses".

  • @ssbhati2093
    @ssbhati2093 3 роки тому +1

    I want to do business of sending very famous sheep and goats to Vietnam from India, please suggest, how to do..?
    Or
    Want to do business of sending famous spices and spice powders from India to Vietnam

  • @LowKey-kj9ye
    @LowKey-kj9ye Рік тому

    I want to open English center in Vietnam or a single proprietorship small drugstore, what are the qualifications and process

  • @newbeginnings40
    @newbeginnings40 3 місяці тому

    helllo sir, how much capitral would it take to start a language center in Vietnam ?

  • @hungvungtau
    @hungvungtau 3 роки тому +1

    Welcome foreign entrepreneurs!

  • @uzairalikhan9975
    @uzairalikhan9975 2 роки тому +1

    Hy
    Sir How Can I start a Small restaurant in Vietnam!

  • @zeu1
    @zeu1 6 місяців тому

    Im looking as a retired business owner from Belgium and USA Im looking at Da Nang to retire by end 2025 ,and maybe open a small eatery in that area .Looking for your advice

  • @kgpublicationsinc
    @kgpublicationsinc 3 роки тому +1

    Will be in touch.. 👍

  • @tsaoa
    @tsaoa 4 роки тому +3

    Can I open Vietnamese business and the business sponsor a visa for me?

  • @sharifahmed7211
    @sharifahmed7211 3 роки тому +2

    Hi there, Thank you for your informative video. I am a Canadian citizen and thinking of opening up a trading company for import and export in Vietnam. How difficult will it be for me to start ? Thank you

  • @BabieBaba
    @BabieBaba 2 роки тому

    How to registered a travel company in Vietnam .

  • @zi8071
    @zi8071 3 роки тому +1

    hello. this is very interesting

  • @Marymaryk
    @Marymaryk Рік тому

    Hello! Do you know in Vietnam is possible to sell plants 🌱 and vegetables 🥕 for foreigners? Is it will be legal? And what kind of business is it exactly?

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  Рік тому

      Yes you can! Please contact us in FB messenger, our legal team will advise you accordingly
      facebook.com/duongbusinessconsulting

  • @jn3750
    @jn3750 3 роки тому +1

    Great info, bro.

  • @lars-eriksand5356
    @lars-eriksand5356 3 роки тому +1

    Hello, is it any contack info to your office in Vietnam? I am thinking about opening a company there?

  • @markholland6657
    @markholland6657 2 роки тому

    is there any option for investment UNDER 3BN VND as a number of businesses can be set up for under that amount! Digital Nomads for example... many can run thier business on just a laptop so do they need to invest over 3BN? thanks... also how can we get a longer visa in order to conduct a SWOT analysis for say 6-12months as a British passport holder in order to do the research etc to open a business there..considering current post covid situation? many thanks..

  • @prasadrao8
    @prasadrao8 3 роки тому +1

    I like to invest in Vietnam

  • @jamesirwin1839
    @jamesirwin1839 3 роки тому

    I have an established online voice over business in the US. Would like to live in Vietnam and continue there. The info in this video does not mention my type of business. I work out of my home and need little equipment to do so. What are some options for this type of business?

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  3 роки тому

      A wholly foreign owned company can be an option. Another is a representative office. Please send us an email to contact@duongbusinessconsulting.com detailing your case and a corporate attorney will answer your questions.

  • @EricPham-gr8pg
    @EricPham-gr8pg 8 місяців тому

    How come i came to vietnam many tines and i can't find document agency help business visa and licence. I did not find your office either

  • @wallylove
    @wallylove 2 роки тому +1

    Thank you for your informational videos. I would like to know about opening a language center in Saigon; is it possible, and if so, is it complicated to get licenses?

  • @gnaenterprises5673
    @gnaenterprises5673 4 роки тому +2

    i what to do business in Vietnam in the gemstone export

  • @christopher6752
    @christopher6752 4 роки тому +1

    Can I own an LLC in Delaware and control it from Vietnam as a 100% foreign firm ?

  • @vbalaji440
    @vbalaji440 3 роки тому

    Hi
    How can i started restaurant business in Vietnam

  • @michaelgoldstein3236Crazy
    @michaelgoldstein3236Crazy 3 роки тому +1

    I wood-like to find suppliers in Vietnam to Export Laminate , and Vinyl Flooring , to USA.

    • @Phoebe61129
      @Phoebe61129 3 роки тому

      You should visit this youtube channel: Focus Asia-Pacific or maybe contact the owner of that channel too, Michael. I hope this might help.

  • @Brandon.R888
    @Brandon.R888 3 роки тому +2

    Thank you It’s the very clear and useful information.
    How can I contact you?

  • @lexflow2319
    @lexflow2319 3 роки тому +1

    I want to live in VN, hire VN, but only have my business in USA so no one can take it from me. As in. We develop software with a office but dont pay taxes

    • @phungtruong746
      @phungtruong746 2 роки тому

      You can set up a company in Vietnam. Especially software companies have really good rate for taxes
      You can contact some tax firms for more details

  • @sarahwykurz9204
    @sarahwykurz9204 4 роки тому

    Did we just miss the boat? What is this new capital rule implemented since July 1st I am hearing by the vietnamese government?

  • @milankostic7750
    @milankostic7750 3 роки тому

    DT 4 is no less than 3BN? What is the difference from DT3 which is the same minimum of 3BN? Or DT4 is up to 3BN?

  • @pawprintvegas11
    @pawprintvegas11 2 місяці тому

    Biết Ơn❤

  • @huonghoang3561
    @huonghoang3561 3 роки тому +1

    Cần phụ đề tiếng việt cho những người k biết tiếng anh

  • @数易
    @数易 2 роки тому

    Hi, I would like to ask, when doing business with Vietnamese companies, how does the business law protect foreigners from avoiding being scam? I encountered in 2020, I paid 3 separate local companies in Vietnam to purchase products but supplier fail to deliver, refuses to refund, send threaten notes to me, i paid lawyers, abitration courts and even debt collectors, I made police report to PC03, Ho Chi Minh, file is sitting untouched, suppliers twisting their stories and till today (2022), I still can't get my money back, total amount is 24bil VND.

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  2 роки тому

      Hello Jason, thanks for your question. In order to best protect yourself against legal issues, you need at least to have your business deal supervised by an international business law firm that will first draft a purchase agreement that protects your rights. Then, if you have a local business entity, it will simplifies the legal procedures in terms of time and cost, as both parties will be under the same jurisdiction. Thus, it is recommended to have a subsidiary here that will sign contracts. Then, business due diligence on supplies can be initiated to ensure those local companies do not have issues with the law. As a note, we provide all those services as well.

    • @数易
      @数易 2 роки тому

      @@duongglobalbusinessconsulting yes I have an business entity setup in Vietnam. The contract were signed in Vietnam, paid VND via our corporate account in Vietnam. Do you have solutions to bringing these companies to justices and pay back whatever they took and compensation for our losses

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  2 роки тому

      Please send us an email at contact@duongbusinessconsulting.com detailing your litigation. We will be happy to review it and determine whether we can take your case.

  • @donwaters2941
    @donwaters2941 4 роки тому

    Hi, is there any way to start a business in Vietnam with less than 3 billion Dong? For example, would it be possible to open a food stand or small restaurant location with the investment of $10,000 USD and be able to obtain a business or investment visa? Thanks

  • @hanifu9250
    @hanifu9250 2 роки тому

    I want to open an Indian restaurant in Vietnam. Is it possible?

  • @NaineshUSA
    @NaineshUSA 3 роки тому

    Hello Sir, please share you Buisness card for personal meeting with you regarding Establish new business in Ho chi minh city Vietnam. THANK you

  • @soyolmergenbileg7081
    @soyolmergenbileg7081 2 роки тому

    where is the link for the list

  • @michaelangelo3064
    @michaelangelo3064 3 роки тому

    Nice video

    • @freddyandy2654
      @freddyandy2654 3 роки тому

      Investing might be a good idea but if one invests wrongly then they will have a lot of years filled with regrets

    • @carlosbill2185
      @carlosbill2185 3 роки тому

      I'm always happy these days to see all online investment booming, this is our only survival at this time, the government has been playing games with us the citizens of the world . The means we have at hand now to stay strong is to investment plans and trading plans ,do what is best for you and your future. Don't waste your precious time waiting and depending on the government, on like what i saw in stimulus video here on UA-cam where a lot of people are ignoring waiting for stimulus checks. Make your own money, invest on something that has the capability to gain you income

    • @ballackgray3145
      @ballackgray3145 3 роки тому

      @@carlosbill2185 You are right about that, profits rates are standing at the test of time must really be considered when picking an investments

    • @jessicaluis9973
      @jessicaluis9973 3 роки тому

      @@ballackgray3145 Yeah!!! The right choice of investment has always been a big problem for me because i know that picking up the wrong investment will leave a big scar on my face.

    • @pheonixempire8038
      @pheonixempire8038 3 роки тому

      @@jessicaluis9973 There might be so many investment out there but if profits must be considered which is actually the sole aim of every investment i will advice you go into forex because it has a higher profits rates.

  • @ahmedmuktiyar1839
    @ahmedmuktiyar1839 3 роки тому

    Dear sir I want to open a new company how to do it..

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  3 роки тому

      Thanks for contacting us. Great question, as this is the video for you. Please watch it and let us know if you have specific questions.

  • @YouTube4animal
    @YouTube4animal 3 роки тому

    Hello ,, I want to invest in aquaculture in Vietnam

  • @ManpreetSingh-mz7gh
    @ManpreetSingh-mz7gh 3 роки тому

    Would like open sea food packaging unit, please give the updated information and investment

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  3 роки тому

      We have a legal due diligence service for that. If you are interested in knowing more about it, please send us an email at contact@duongbusinessconsulting.com

  • @chinglaifabakhuman8678
    @chinglaifabakhuman8678 3 роки тому

    Sir how to flight cargo export Vietnam to indian tell me questions

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  3 роки тому

      For consulting, please send all your questions to contact@duongbusinessconsulting.com

    • @rajub4660
      @rajub4660 2 роки тому

      contact me i will help you in this i am an indian company for the freight forwarding in mumbai office all over metro city

  • @seanpham4521
    @seanpham4521 3 роки тому

    Can I just buy a sugarcane cart for $1000 and have that as my business for a D4 visa?

  • @mrchanel4176
    @mrchanel4176 4 роки тому

    Hi, sar
    I'm masud rana I'm from Bangladesh I want to open a small business in Vietnam like garmet shop or restaurant i have 10 laukh Bangladeshi money is it possible to open with that amount?

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  4 роки тому

      Yes that could be enough. What type of restaurant do you want to open? What experience do you have in restaurants?

    • @mrchanel4176
      @mrchanel4176 4 роки тому

      @@duongglobalbusinessconsultingi don't have any experience, can you suggest any small business for me

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  4 роки тому

      @@mrchanel4176 sorry then it would be tough for us to help you. We work with folks who have business ideas already and experience.

    • @mrchanel4176
      @mrchanel4176 4 роки тому

      @@duongglobalbusinessconsultinghow about hotel business, how much money should I have to start

    • @duongglobalbusinessconsulting
      @duongglobalbusinessconsulting  4 роки тому

      @@mrchanel4176 $100,000 USD

  • @siam8050
    @siam8050 3 роки тому

    Just open :))

  • @blueishxx
    @blueishxx 6 місяців тому

    49% makes me an employee who can be terminated at will , that's problematic , it's a little bit amusing , for "ownership" rights 49% might just as well be zero %

  • @titikati
    @titikati Рік тому

    It's easy indeed ....as long as you know the right channel for bribery.

  • @rafaeldiaz8416
    @rafaeldiaz8416 3 роки тому

    And to think, Vietnam is a communist socialist country. Never let the u.s think they are anti-communist.

  • @sailorbrit
    @sailorbrit 3 роки тому

    It not communist anymore