Vietnam Business Opportunities For Foreigners in 2026

Vietnam keeps showing up on shortlists for global expansion, remote team hubs, and new startup launches. Strong growth, a young workforce, and a fast moving digital economy create real Vietnam business opportunities for foreigners, from solo founders to international companies building regional teams.

This guide walks through promising sectors, why Ho Chi Minh City works so well as a launchpad, and how a flexible base at The Sentry helps you move from “research mode” to real operations on the ground.

Why Vietnam Is A Strong Choice For Foreign Investors

Vietnam has moved into the group of fastest growing economies in Asia, not just for one cycle but over many years. Vietnam’s GDP grew about 7.09 percent in 2024 and is forecast to expand around 8 percent in 2025. Forecasts from development banks put growth near 6.7 percent in 2025 and 6 percent in 2026, which still beats many regional peers. 

Foreign investors are not ignoring that momentum. FDI disbursement reached roughly 25.35 billion USD in 2024, the highest level so far, showing that projects on paper are turning into real factories, offices, and jobs. In the first ten months of 2025, FDI pledges climbed to about 31.52 billion USD, which signals continued appetite from global companies.

Policy direction also lines up with long term investors. Vietnam is steering foreign capital into high tech, green energy, healthcare, and education from 2025 to 2030, with incentives for projects that bring advanced technology and sustainable solutions. That opens room for foreign specialists, SaaS founders, and impact driven startups, not only giant manufacturers.

Vietnam has a young, urbanizing population with strong smartphone and internet adoption. A large share of consumers in Ho Chi Minh City and Hanoi jump straight to mobile banking, e-commerce, and on demand services. This creates room for foreign founders who can localize proven business models or partner with Vietnamese teams to scale them.

For many investors and entrepreneurs, the combination looks very practical. A growing middle class, export strength, friendly FDI policy, and competitive costs deliver a solid base for long term expansion, while flexible office and coliving options make it simple to start small and grow over time.

Top Business Opportunities In Vietnam That Are Catching The Attention Of Investors

Vietnam enters 2026 with strong momentum. GDP growth in the first half of 2025 reached 7.52 percent year on year, the strongest first half since 2011, and forecasts for 2025–2026 remain in the high single digits. Trade and FDI are still rising, with registered FDI hitting 31.52 billion USD in the first ten months of 2025, the best ten-month result in five years. 

For foreigners, that macro picture translates into very real day-to-day demand in specific sectors. Below are the Vietnam business opportunities for foreigners that stand out in 2026, with room for both small specialist firms and larger investors.

Consulting Services Are Seeing Strong Demand For Expertise

Vietnamese businesses are growing in size and ambition. More mid-sized firms list on local exchanges, expand into the region, and implement digital transformation projects. At the same time, many still score low on digital maturity and transformation readiness, which leaves a gap that outside experts can fill. 

The management consulting market in Vietnam was valued at about 2.63 billion USD in 2025, with projections of nearly 3.68 billion USD by 2030, supported by FDI inflows and an aggressive digital agenda. Separate research on digital transformation consulting shows a multi-billion market growing in double digits through 2033. 

In practice, this often means boutique consulting firms or solo specialists who combine Western experience with local partners. Demand spans Vietnamese clients and foreign investors entering Vietnam who need a “bridge” to the local environment. For foreigners with backgrounds in finance, operations, or digital, consulting remains one of the most flexible Vietnam business opportunities for foreigners in 2026.

Tourism Industry Remains Resilient And Increasingly Premium

Tourism has rebounded far past the crisis phase. Vietnam welcomed 17.6 million international visitors in 2024 and then 14 million in just the first eight months of 2025, putting the country on track for a record year. By November 2025, arrivals had already passed 19 million, and the government raised its 2025 target to at least 25 million foreign visitors. 

Policy changes support this growth. In 2025 Vietnam expanded its e-visa system to 83 entry and exit checkpoints, across airports, land borders, and seaports, which makes the country much easier to access for independent travellers and cruise visitors. 

For foreign investors, that opens space in boutique hotels, branded residences, high-end adventure operators, wellness retreats, and technology for travel (dynamic pricing, guest apps, digital concierge tools). Players who can combine high service standards with genuine local flavour are in a good position as Vietnam heads into the 2026–2027 tourism cycle.

Information Technology And Digital Economy Are Rising 

Vietnam has become one of Southeast Asia’s most dynamic tech stories. The digital economy generated around 36 billion USD in revenue in 2024, with growth of roughly 16 percent per year and a target of tens of thousands of digital enterprises by the middle of the decade. 

Software outsourcing remains a solid base. Vietnamese firms provide code, testing, and maintenance to global clients at competitive rates. At the same time, policy and market pressure are pushing the sector to move up the value chain from outsourcing into end-to-end digital solutions and AI-powered products. 

The AI segment is expanding fast. Vietnam’s AI market reached around 750 million USD with annual growth in the range of 15–18 percent, higher than the global average. Funding for domestic AI firms jumped from 10 million USD in 2023 to 80 million USD in 2024, and policymakers are working on a revised National AI Strategy and a draft AI law. Multinationals are joining this push; Qualcomm opened an AI R&D centre in Hanoi in 2025 to support generative and agentic AI research and technology transfer. 

Vietnam business opportunities for foreigners in tech now extend beyond “cheap outsourcing” into higher value, IP-driven work that can scale across Southeast Asia.

Import And Export Continue To Shape Vietnam As A Trading Hub

Vietnam has built a dense network of around 18 active and planned free trade agreements, including major pacts such as EVFTA, CPTPP, and RCEP. These agreements give exporters lower tariffs and more stable access to markets in the EU, Asia Pacific, and beyond.

Trade numbers reflect that advantage. In the first half of 2025, Vietnam’s import-export turnover reached 432 billion USD, up 16.1 percent from a year earlier. By the first nine months of 2025, total trade climbed to 680.6 billion USD, up 17.3 percent year on year. Exports to the United States still posted a 22.5 percent year-on-year increase in November, even under higher tariffs, pushing the bilateral trade surplus to a record 121.6 billion USD for the first eleven months of 2025. 

Vietnam’s position in global value chains will likely stay strong through 2026, even with trade tensions, which leaves plenty of space for foreign traders, logistics providers, and specialist consultants.

Retail And E Commerce Form A Booming Market With High Potential

Urban Vietnamese consumers are spending more and shifting their habits at speed. Market research suggests that consumer retail demand in Vietnam may grow 7–9 percent in 2026 in USD terms, building on already strong 2025 growth. 

Within that trend, e-commerce stands out. Vietnam’s online retail market reached around 25 billion USD in 2024 and is expected to hit 26–28 billion USD in 2025, with growth rates above 20 percent and a forecast market size of about 62.5 billion USD by 2030. Mobile commerce dominates, and platforms such as Shopee and TikTok Shop shape everyday buying behaviour.

Cross-border activity is heavy. In 2024, more than 3.2 billion imported items were sold on Shopee Vietnam, with revenue from those sales rising 42.9 percent year on year. Around 31,500 foreign sellers now operate on Vietnamese e-commerce platforms. 

Competition is intense, yet the overall pie keeps growing into 2026, especially for brands that understand local tastes and can move fast on social platforms.

Language And Training Centers Remain In High Demand In A Globalised Market

Education is one of the largest household expenses in urban Vietnam, often accounting for 20–25 percent of disposable income. Market reports estimate that the education sector could reach tens of billions of USD by 2025 with annual growth of 8–10 percent from 2020. 

Foreign investment in education continues to rise, especially in international schools, higher education, and training centres. English language training still dominates, yet demand for Chinese, Korean, and Japanese grows alongside investment from those countries.

Policymakers and educators recognise that Vietnam still needs many foreign teachers, particularly in English, provided they bring solid training and a professional mindset. 

Foreigners with strong teaching credentials, curriculum design experience, or edtech products can find both B2C and B2B opportunities as Vietnam’s workforce prepares for more regional and global roles.

Food And Beverage Market Is Large But Moving Into A More Selective Phase

Vietnam’s F&B market reached about 27.3 billion USD in 2025, driven by a young population and a taste for dining out and trying new brands. International chains continue to expand and influence consumer expectations around service, cleanliness, and consistency. 

At the same time, the first half of 2025 brought a major shakeout. Reports point to more than 50,000 F&B outlets closing as rent, labour, and ingredient costs climbed and weaker concepts failed to hold customers. Analysts see this as a normal step in a maturing market where only brands with strong operations and clear positioning can grow. 

Foreign investors and operators can succeed in F&B in 2026 if they treat Vietnam as a sophisticated market, not just a “cheap volume” destination. Franchising, premium casual concepts, specialty cafés, and tech-enabled dark kitchens all have potential, as long as unit economics, digital marketing, and location strategy are carefully designed.

Healthcare Services Offer Space For Quality And Innovation

Vietnam’s public hospitals often operate near capacity. Middle-class households are willing to pay more for reliable, comfortable private care. A sector preview from 2025 projects private healthcare expenditure to grow at about 7.5 percent per year from 2025 to 2030, driven by income growth, an ageing population, and rising awareness of preventive care. 

Investment activity backs this up. Vietnam’s medical devices market is projected to reach 1.77 billion USD by 2025, and the healthcare sector recorded an estimated 4.8 billion USD in M&A transactions in the first eight months of 2025. Trade partners are moving in as well; for example, the UK and Vietnam agreed on a deal in 2025 that simplifies pharmaceutical trade and accelerates registration of UK medicines. 

Vietnam business opportunities for foreigners in healthcare combine solid demand with growing openness to foreign expertise and capital, especially when projects align with local regulations and training for Vietnamese staff.

Manufacturing Is Moving Toward Smart And High Value Models

Manufacturing remains a pillar of Vietnam’s economy. Industrial policy aims for manufacturing to contribute more than 20 percent of GDP, with a higher share from high-tech and advanced industries. Trade data confirms that factories remain busy, with export growth above 14 percent in the first half of 2025 and strong demand for imported machinery and inputs. 

The direction for 2026 and beyond is clear: smart manufacturing and Industry 4.0. Research indicates that Vietnam’s smart manufacturing market could expand at a CAGR of around 10.7 percent from 2025 to 2033, while the broader Industry 4.0 market may grow above 20 percent per year. Local authorities are piloting smart factory models in key industrial cities such as Da Nang to spread adoption. 

In parallel, Vietnam is trying to climb higher in strategic value chains such as electronics, automotive, and even rare earth processing, where new laws restrict ore exports and push for deeper local processing. 

can find a receptive market. Many Vietnamese factories understand that they must upgrade systems and skills to stay competitive with peers in China, Thailand, and Malaysia. Firms that bring both technology and training stand out.

Ho Chi Minh City As The Launchpad For Foreign Entrepreneurs

Ho Chi Minh City concentrates Vietnam’s most active mix of startups, multinationals, investors, and creative professionals. The city aims to build an innovation ecosystem on par with Singapore, with policy targets that focus on infrastructure, human capital, and startup support.

Ho Chi Minh City’s rise into the top five startup ecosystems in Southeast Asia underlines this momentum. Many foreign founders use the city as a base while they serve clients across Vietnam and the wider region. A flexible workspace and coliving environment makes this setup much easier than a traditional relocation.

Common Challenges For Foreigners Doing Business In Vietnam

Opportunities feel attractive, yet foreign founders face real challenges when they move from idea to execution.

Getting Used To Regulations And Compliance

Company formation, tax rules, and licensing requirements differ from other markets. Many sectors welcome full foreign ownership, while some require local partners or special permits. Policy frameworks are clear on paper, though procedures and timelines can vary in practice.

Foreign entrepreneurs usually lean on local lawyers, corporate service providers, and experienced founders for guidance. A coworking community that already hosts Vietnamese and international businesses shortens the learning curve, since help sits a few desks away.

Building Local Networks And Talent

Strong business outcomes depend on trusted partners, suppliers, and team members. Newcomers often know the global market well but lack deep local relationships. That gap affects sales cycles, hiring, and even simple tasks such as finding a reliable contractor.

A curated community with events, workshops, and introductions makes a big difference. When your workspace hosts mixers, industry talks, and investor panels, you meet potential collaborators in a neutral, friendly setting instead of cold outreach only.

Navigating Culture And Workstyle Differences

Vietnamese work culture values relationships, respect, and flexibility. International founders bring their own management styles. Misalignment shows up in communication, feedback, or expectations on timelines.

Time spent in shared spaces, team events, and informal gatherings helps both sides adapt. A well designed coworking and coliving environment encourages spontaneous conversations, not only formal meetings. This shapes more resilient founding teams and cross border partnerships.

How The Sentry Helps Foreigners Unlock Business Opportunities In Vietnam

At this point, workspace is more than desks and Wi Fi. The base you choose shapes hiring, networking, and even brand perception. The Sentry builds its model around that idea.

The Sentry is widely recognized as Vietnam’s leading social real estate developer and community creator, pioneering coworking and flexible office projects in Ho Chi Minh City. Its portfolio covers Grade A coworking towers, coliving residences, and lifestyle events that form a connected ecosystem for entrepreneurs, creatives, and investors.

Flexible Workspaces Designed For Growing Teams

The Sentry operates several distinct locations across the city, each aimed at a different stage or profile.

• The Sentry C is located at 15 Le Thanh Ton Street in Sai Gon ward District 1. This is the heart of the city’s commercial district. It is known as the home for Saigon’s coolest tech and Venture Capital and creative industries. The location offers proximity to major hotels and shopping centers and government offices making it ideal for client meetings and networking.   
• The Sentry P is situated in An Khanh ward Thao Dien Ward District 2. An Khanh ward Thao Dien is the expat enclave of Ho Chi Minh City known for its international schools and villas and lifestyle amenities. The Sentry P located at 16 Nguyen Dang Giai Street is positioned as the future of work offering a modern and artistic environment that appeals to fintech startups and freelance professionals who prefer the vibrant An Khanh ward Thao Dien atmosphere.   
• The Sentry Z at 25 Nguyen Binh Khiem Street, Sai Gon ward District 1 is a flagship for sustainability. It is Vietnam’s first flexible office dedicated to meeting the Corporate Social Governance requirements of forward thinking companies. Its location in a quiet and green part of Sai Gon ward District 1 offers a balance of central convenience and a focused work environment.   
• The Sentry Q is located within the Quang Trung Software City in Trung My Tay ward District 12. This location is embedded in Vietnam’s largest software park making it the perfect base for IT companies that want to be close to the tech talent pool and enjoy the specific incentives offered within the software park ecosystem.   

Across these sites, The Sentry focuses on Grade A design, reliable infrastructure, and services that match foreign corporate expectations. Teams can start with flexible memberships or small offices and shift into larger spaces as headcount grows, without new construction or long lock-in periods.

For foreign businesses testing Vietnam business opportunities for foreigners, this model lowers risk. You can bring a few people to Ho Chi Minh City, place them in a professional environment from day one, and scale up once the market response proves strong.

Coliving And Lifestyle Support In The Heart Of Ho Chi Minh City

Housing often becomes a hidden friction point for foreign professionals. The Sentry addresses that through The Sentry L, a premium coliving residence in Ho Chi Minh City District 1. 

The Sentry L combines:

• Fully furnished apartments with modern design
• Shared spaces for work, meetings, and relaxation
• Wellness and dining facilities in the same ecosystem
• A community of professionals who live and work in central Ho Chi Minh City

Coliving shortens the setup time for new hires or founders. They arrive, move into a ready to use apartment, and access coworking and meeting space through the same brand. This suits remote first companies that rotate staff through Vietnam for projects, as well as founders who split time between cities.

Community Events And Business Connections

Beyond space, The Sentry invests heavily in community. Its locations host curated lifestyle events, startup meetups, climate tech showcases, and networking sessions that bring together local and foreign professionals. 

This type of environment supports every stage of the journey. At the research stage, you hear real stories about regulations, markets, and hiring. At the growth stage, you find peers facing similar scale up challenges. In later stages, you host your own events in the same building to recruit, launch products, or welcome regional teams.

Commitment To Sustainability And Modern Work

Investors and founders who care about ESG goals often prefer partners that share the same priorities. The Sentry developed Vietnam’s first fully green coworking tower and achieved the country’s highest Lotus Platinum green building rating. 

That focus on sustainable design, efficient energy use, and wellness oriented layouts improves daily life for teams and strengthens your story when clients and investors ask about environmental standards. It also aligns with Vietnam’s broader FDI strategy that encourages high quality, low impact projects.

Book A Tour At The Sentry And Start Your Vietnam Business Journey

Vietnam business opportunities for foreigners are real, varied, and growing. 

Strong economic performance, rising FDI, and a dynamic startup scene create a fertile environment for companies that move fast and build locally grounded teams. Ho Chi Minh City stands at the center of this story, and The Sentry acts as a practical launchpad inside that city.

To book a tour today, visit us and reach the team through the contact form, or connect directly with the leasing team at leasing@thesentry.com.vn or +84 969 067 845.