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Why Investors Should Set up Business in Phu Quoc?

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  The improvement in infrastructure system along with the preferential policies have stimulated investors to come to  set up business in Phu Quoc  and do company. Phu Quoc, an island in Kien Giang of Vietnam is in the top of three islands having tourism potential in Southeast Asia comparable to Phuket in Thailand and Bali in Indonesia. Phu Quoc has become a magnet for attracting huge investment flows from foreign investors in the area of real estate, entertainment, casinos, restaurant or food and beverage service business. Phu Quoc has temperate weather throughout the year. There are also fresh and friendly forest – sea ecology and the modern transport system on the island with international airport and international hospital. Moreover, many infrastructure projects and international schools are under construction, which are necessary and favorable conditions to invite and attract investors to the Pearl Island for doing business. Capital inflows to Phu Quoc have really exp...

How to Apply for Investment License in Vietnam?

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The procedure to apply for investment license in Vietnam is the procedure for applying for an Investment Registration Certificate in Vietnam under the Investment Law. Depending on the size, nature, and great impact on the environment, projects need special mechanisms and policies, projects that need land allocation, or projects that need to relocate large numbers of people, projects of foreign investors in the sea and islands that affect national defense and security, the procedures to apply for investment license in Vietnam may require approval of an investment policy. In the framework of this article, we only refer to the procedure to apply for investment license in Vietnam, which is not subject to approval of investment policy. What is an Investment Registration Certificate? Investment registration certificate means a license issued by a competent State agency to organizations and individuals that fully satisfy the conditions for implementing an investment project, being foreign in...

What 10 Questions to Ask Before Setting up Company in Vietnam?

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Foreigners are encouraged to make investment in Vietnam through direct investment by setting up company in Vietnam . Vietnam presents a compelling opportunity for investors looking to establish a company and tap into its burgeoning market. With a dynamic economy, strategic geographical location, and a favorable business climate, Vietnam offers a wealth of advantages that make it an attractive investment destination. As investors contemplate their next venture, the following questions provide essential insights into the process of setting up a company in Vietnam, ensuring a smooth and successful establishment within the country’s vibrant business landscape. Before setting up company in Vietnam, ask yourself the following questions: Which business should I invest in Vietnam? What should I name the business in Vietnam? Where should I register the address of the business in Vietnam? What is the legal structure of the company? How much capital is required for setting up a company in Vietna...