Vietnam

​​​​​​​​​​​​​​​​​​​​​​​​​The coastal country of Vietnam, a member state of ASEAN, is home to two of the world’s fastest growing metropolises: the capital Hanoi and Ho-Chi-Minh-City.

The transition from a centrally planned economy to a market economy – that took place at the end of the 1980s – fueled impressive growth in Vietnam with rising growth rates. Since its accession to the WTO in 2007, the borders have been open to foreign investors. The international market integration is progressing with an increasing number of free trade agreements, which create attractive conditions for a business venture in Vietnam.
 
Strong trade relations with Japan and Singapore coupled with the free trade agreements make Vietnam an excellent springboard for engagements in the Asia-Pacific region. Due to the diversity of Vietnamese exports – including mineral resources, light industry and agricultural goods – foreign trade is a stable component of the economy.

Of utmost importance to all business activities in Vietnam are solid relations with local authorities in charge of issuing relevant permits. Through our experienced Vietnamese lawyers and tax experts, Rödl & Partner retains an excellent network of contacts.

Rödl & Partner provides professional services in our own office in Ho-Chi-Minh-City and our working point in Hanoi. Our experienced interdisciplinary team of multilingual German and Vietnamese experts supports predominantly German and European companies venturing into the Vietnamese market. Our knowledge of the local requirements and special topics to be considered in the context of such investments guarantees optimal services for our clients in the Vietnamese market.

The services portfolio comprises of audit, legal and tax consulting. The focus is on structuring and implementing company formations, investment projects, business transactions, as well as the complete outsourcing of finance and payroll accounting.