A serviced office in Vietnam costs more per square metre, yet asks for almost nothing upfront and lets you leave on short notice. A traditional office lease costs less per square metre, but ties you to a three-to-five-year contract and a large fit-out bill before anyone sits down. For teams of up to around 20 […]

Opening a corporate bank account in Vietnam is one of the first jobs after your company receives its Enterprise Registration Certificate. Foreign-owned companies usually need two kinds of account: a direct investment capital account (DICA) to bring in charter capital, and a regular current account in Vietnamese dong to pay staff, taxes and suppliers. With […]

If you’re opening a small foreign-owned company in Vietnam, plan on spending around VND 80 to 160 million (USD 3,000 to 6,000) on fees and professional help. That gets you registered. Your charter capital, office rent and first year of accounting and audit come on top. What surprises most founders is how little the government […]

To set up a branch office in Vietnam, your parent company needs at least five years of operating history, business activities that Vietnam has opened to foreign companies, and a real office address in the province where the branch will operate. Once the application file is complete, the licensing authority reviews it within about seven […]

Foreign companies entering Vietnam usually run into the same question early on. Do you register a representative office or a branch office? The two structures look alike at first glance. Both let a foreign company operate under Vietnamese law without setting up a fully separate local entity. The similarities stop there once you look at […]

District 2 and Thao Dien have become the go-to base for founders, freelancers, and remote teams who want a workspace close to where they actually live. The area sits across the river from downtown Saigon, but Metro Line 1 and a fast-growing business scene have turned it into a work hub in its own right. This […]

Shopping for office space in Ho Chi Minh City usually comes down to one question: what is this actually going to cost? The answer depends on what kind of serviced office you pick, but most businesses end up paying somewhere between 1,500,000 VND and 15,000,000 VND per person each month. A hot desk sits at […]