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26 March, 2025

Navigating foreign direct investment into Vietnam: the importance of local expertise with international best practices

Vietnam has rapidly become one of the most attractive destinations for foreign direct investment (“FDI”), particularly for businesses from Japan, China, and South Korea. With its strategic location, favourable economic policies, and skilled workforce, the country continues to see rising interest from international investors. According to a recent survey by the Japan External Trade Organisation (“JETRO”), Vietnam is now the second most attractive destination for Japanese businesses, with 56.1% of Japanese firms planning to expand or invest there within the next one to two years.

However, successfully entering the Vietnamese market requires more than just opportunity - it demands a deep understanding of local regulations, corporate governance, and operational compliance. This is where we stand out as a single-source, trusted provider for FDI investments, offering seamless corporate services that bridge the gap between local requirements and international best practices.

The first step: local corporate and accounting support

For any business looking to establish operations in Vietnam, corporate structuring and financial compliance are critical first steps. Often, firms expand into Vietnam without fully integrating their local offices into the governance and reporting frameworks mandated at the group level. This lack of oversight can lead to inefficiencies, regulatory risks, and misalignment with corporate policies.

We offer a full suite of corporate and accounting services to ensure that businesses entering Vietnam are structured correctly from the outset. Our team provides:

    • Company formation and registration: guiding businesses through Vietnam’s regulatory requirements to ensure a smooth and compliant market entry.
    • Accounting and financial reporting: delivering financial oversight that aligns with both local regulations and global corporate standards.
    • Tax and compliance advisory: helping firms navigate Vietnam’s evolving tax landscape to optimise their operational efficiency.

Unlike many local service providers, we integrate local operations into global governance structures, providing confidence to group headquarters that Vietnam-based entities remain fully compliant and well-managed.

Leveraging regional strengths for seamless FDI expansion

Vietnam’s attractiveness as an FDI destination is reflected in the numbers. According to official reports by Vietnam's Ministry of Planning and Investment foreign direct investment, Vietnam reached $25.35 billion in 2024, marking a 9.4% year-on-year increase. In the first two months of 2025 alone, registered FDI has surged by 35.5%, highlighting the country’s growing appeal to international investors.

For businesses in North Asia, the key to a successful expansion into Vietnam lies in having an integrated service provider that understands both their home market and Vietnam’s business environment. We are uniquely positioned to support this, with established offices in China, Japan, South Korea, and Singapore, ensuring a seamless transition into Vietnam.

Our expertise in cross-border FDI enables businesses to:

    • Operate efficiently from day one: our teams facilitate smooth workflows between home-country operations and Vietnamese subsidiaries.
    • Ensure regulatory alignment: we understand complex governance requirements and ensure that Vietnam-based entities comply with both local and global corporate policies.
    • Streamline back-office functions: with our single solution approach, businesses can access accounting, compliance, payroll, and administrative support under a single provider.
Supporting high-growth industries in Vietnam

Vietnam’s rapid economic development has created significant opportunities across several key industries, including manufacturing, logistics, high-tech, and data centres. As businesses expand into these sectors, they require a service provider with deep industry knowledge and a proven track record of supporting complex corporate structures.

We provide tailored corporate services for high-growth industries, ensuring businesses can efficiently establish and scale their operations. Whether setting up a manufacturing hub, entering Vietnam’s logistics market, or investing in high-tech development, our local experts offer the strategic support needed for long-term success.

A trusted partner for FDI expansion into Vietnam

Expanding into a new market requires careful planning, regulatory expertise, and operational efficiency. Our ability to integrate local servicing with international standards makes us the ideal partner for businesses investing in Vietnam.

With a dedicated team of corporate service specialists, seamless workflows between home-country offices and Vietnam, and a proven track record in supporting FDI, we help businesses navigate the complexities of market entry and long-term operations.

Discover how we can support your expansion into Vietnam. Contact us today to learn more about our corporate services and market entry solutions.

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