Establishing a Manufacturing Company in Vietnam for Foreign Investors

Vietnam attracts strong manufacturing FDI, with over 400 industrial parks across 63 provinces; Samsung alone employs more than 100,000 people in Vietnam.

Why Vietnam? Labour costs 40–60% lower than China and 30% lower than Thailand; benefits from CPTPP, EVFTA and RCEP providing preferential market access; and established supplier ecosystems for electronics, textiles, footwear and food processing.

Legal requirements: Foreign investors may set up a 100% foreign-owned LLC; environmental impact assessment, fire-safety certification, construction permits and labour registration are mandatory.

Capital & timeline: Capital from USD 100,000 to over 5,000,000 depending on scale; establishment usually takes 60–90 days. Choose established industrial parks, negotiate land-lease terms (up to 50 years, renewable) and plan recruitment 3–6 months ahead.