Doing Business Guide: Vietnam

Vietnam is a key driver of regional economic growth, backed by manufacturing, foreign investment, and domesic demand. Market-based reforms, strong supply chains, and an improving business environment offers rising engagement opportunities.

1 February 2024

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Vietnam

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At a glance

Expanding a business internationally requires extensive knowledge and preparation. This guide will help build your Vietnam business capability so you can increase your chances of commercial success and avoid common traps. The Vietnam Doing Business Guide is your starting point on this journey. Asialink Business also offers training programs and other resources to support your business goals.

Explore the guide:

Uncover key insights and practical guidance designed to help Australian businesses understand, enter and thrive in the Vietnamese market. Select a chapter below to learn more.

Why Vietnam

Vietnam’s export-led manufacturing base, rising domestic demand and improving business environment have made it one of Asia’s fastest-growing economies, attracting investment and strengthening its role in global supply chains.

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Understanding Vietnam

Success in Vietnam begins with understanding its unique business culture, economic structure, and regulatory landscape. This chapter outlines the key factors shaping Vietnam's market and what they mean for Australian businesses.

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How to enter the Vietnamese market

A well-planned entry strategy is essential for success in Vietnam. This chapter explores market entry pathways, business structures and localisation strategies for Australian exporters and investors.

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Business practicalities in Vietnam

Operating effectively in Vietnam requires awareness of practical considerations. This chapter covers regulations, taxation, customs duties, employment law, banking and other essentials for doing business with confidence.

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Additional Vietnam resources

Understanding how economics, politics and government intersect can help businesses navigate Vietnam's market with confidence. This chapter outlines key institutions, economic zones, essential contacts and support resources for business success.

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