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Vietnam is swiftly establishing itself as a key player in international trade, driven by the dynamic growth of its manufacturing sector. As we enter 2025, the nation is emerging as a prime destination for multinational corporations seeking to diversify their operations beyond China.

To sustain and enhance its competitiveness, Vietnam has strategically embraced free trade agreements (FTAs) and prioritized advancements in high-tech industries. However, alongside this remarkable progress, Vietnam faces critical challenges, particularly in modernizing its infrastructure and developing robust legal frameworks to support sustainable growth.

At the same time, Vietnam’s proactive and business-oriented approach reflects its ambition to drive transformative growth across various industries and strengthen its economy. The country is now positioning itself at the forefront of the Industry 4.0, focusing on digital infrastructure upgrades and legal reforms to facilitate investment-led growth in cutting-edge sectors, such as artificial intelligence (AI), the Internet of Things (IoT), cloud computing, and blockchain technology.

This 2025 edition of An Introduction to Doing Business in Vietnam offers essential insights for companies aiming to establish or expand their presence in this rapidly evolving market. It provides a comprehensive overview of market entry requirements, intellectual property rights (IPR) considerations, taxation policies, and HR & payroll regulations, equipping businesses with the knowledge needed to operate efficiently and responsibly in Vietnam’s dynamic economic landscape.

In this guide:

• Special Focus: Investing in Vietnam’s Digital and High-Tech Future
• Corporate establishment procedures
• Tax, accounting, audit, and transfer pricing
• HR and payroll
• Data protection compliance
• Import-export regulations