Asia's high-growth manufacturing and export gateway
Vietnam is widely used by global companies for manufacturing, export operations, foreign direct investment, technology assembly, logistics and supply chain diversification.
Most industries now allow full foreign ownership, although some restricted sectors may still require a joint venture with a Vietnamese partner.
Vietnam setup is slower than many jurisdictions because investors usually need a capital account, investment certificate approval and Department of Planning and Investment processing.
6 Vietnam structures - choose the right one
Vietnam offers structures for fast contracting, full foreign ownership, manufacturing, local trade, market research and restricted industries.
Best for quickly securing contracts and fast market entry. Can invoice, hire staff and sign leases in about 1 month. Recommended capital is US$50,000.
Best for unrestricted industries and long-term operations. Most popular corporate vehicle for foreign investors. Can be owned by one foreign individual or company.
Best for manufacturing, export operations, industrial activity, warehousing and logistics. Strong fit for export-oriented businesses and factory setup.
Best for market research, marketing and brand presence. Cannot invoice customers or directly conduct commercial activities.
Best for all local business purposes, domestic operations and smaller businesses. Recommended paid-up capital is only US$100.
Best for restricted industries where Vietnamese local participation is required. Suitable for regulated sectors and local partnership models.
| Structure | Best Use | Invoice Ready | Capital | Bank | Cost | Period |
|---|---|---|---|---|---|---|
| Fast Solution LLC ★ | Timely secure contracts | 1 month | US$ 50,000 | Citibank Vietnam | US$ 37,050 | 8 months |
| Foreign-Owned Company | Unrestricted industries | 4 months | US$ 50,000 | Vietinbank | US$ 25,745 | 6 months |
| Free Zone LLC | Manufacturing & export | 3 months | US$ 50,000 | HSBC Vietnam | US$ 22,275 | 5 months |
| Representative Office | Research & marketing | N/A | N/A | SCB Vietnam | US$ 18,990 | 4 months |
| Local Company | All purposes | 1 month | US$ 100 | Citibank Vietnam | US$ 13,860 | 6 months |
| Joint Venture | Restricted industries | 3 months | US$ 50,000 | Techcombank | US$ 19,740 | 5 months |
Vietnam's strongest business case
Vietnam is highly attractive for export manufacturing, industrial parks, warehousing, logistics and global supply chain diversification.
Used by global companies to diversify production away from a single-country dependency.
Recommended paid-up capital for foreign-owned and free zone structures.
Free Zone LLC is commonly used for manufacturing, warehousing and export operations.
Free Zone LLC banking is commonly aligned with international trade and export finance needs.
What we handle for you in Vietnam
Fast Solution LLC, foreign-owned company, Free Zone LLC, representative office, local company and joint venture setup with documentation support.
Optimum regulatory licence determination, investment certificate support and sector-specific approvals for foreign investors.
Multi-currency corporate bank account opening with banks such as Citibank Vietnam, HSBC Vietnam, Vietinbank, SCB Vietnam and Techcombank.
Support with resident director / legal representative requirements for foreign investors and nominee arrangements where needed.
Employee recruitment, residence visa strategies, office rental and warehousing solutions for Vietnam-based operations.
Free zone, industrial park, export processing, factory setup, warehousing and supply chain structuring for manufacturing businesses.
Who should incorporate in Vietnam?
When Vietnam is not the right fit
Start your Vietnam company today
Fast Solution LLC, foreign-owned company, Free Zone LLC, representative office, local company or joint venture - incorporation, banking, licensing, HR, visa and compliance support handled end-to-end.