Vietnam offers an attractive economic environment for businesses and investors, supported by a modern legal framework. However, operating a business in Vietnam requires highly qualified management and a thorough understanding of the legal and practical conditions.

Foreign investors are free to pursue any business line that is not prohibited or restricted. However, obtaining the necessary licenses and navigating the administrative processes can be challenging.

With sixteen Free Trade Agreements1 (FTAs) in effect or signed, and an additional three FTAs under negotiation, coupled with its World Trade Organization (WTO) membership since 2007, Vietnam has significantly enhanced its appeal as an investment destination. The recent passage of numerous new laws in 2023 and 2024, along with the strengthening of comprehensive partnerships with several countries, further solidifies Vietnam's position as a rising economic star in the region.

Vietnam's economy is experiencing steady growth, driven by factors such as its strategic geographical location, a young and dynamic workforce, and a favorable investment climate. The country has successfully attracted significant foreign direct investment (FDI), particularly in manufacturing, technology, and services.

Please visit here for the full Brochure: Briefs on Foreign Investment in Vietnam