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Foreign investors need to undergo investment registration with the investment management authority in Vietnam. Investment registration provides information about the investor, investment project, and commitments regarding schedule, plans, and business objectives.
Vietnam has regulations regarding sector-specific requirements for different investment fields. Foreign investors need to comply with the regulations and obtain the corresponding industry licenses relevant to their investment sector.
Foreign investors must commit to the investment capital requirements as stipulated in the Law on Foreign Investment. The investment capital requirements may vary depending on the industry and project scale.
Foreign investors have ownership and management rights according to the provisions of the Law on Foreign Investment and the Law on Enterprises. They have the right to participate in the management and operation of the invested company's business activities.
Foreign investors have the right to use land and assets within the scope of their investment as regulated by the law. For land usage, foreign investors can lease, purchase, or receive the transfer of land use rights from landowners.
Foreign investors have the right to repatriate their investment capital and profits from business activities abroad, in accordance with the laws and commitments stated in the investment contract.
Specific investment conditions may vary depending on the industry and investment type. Compliance with regulations and agreements determined during the registration and implementation of the investment project is essential for foreign investors to successfully and legally invest in Vietnam.