THE PORTAL FOR FOREIGN DIRECT INVESTMENT IN VIETNAM
Sign in Register

Starting a Business

No.
Procedure
Associated Costs
1
Check the proposed company name; obtain a business registration certificate as well as a tax registration certificate from the local business registration office under the Department of Planning and Investment
$9.52
2
Make a company seal
$7.85 - $17.61 for bronze seal
3
Registration of the seal-sample at the Police Department
$2.38
4
Open a bank account
No charge
5
Publish the registration contents on the National Business Registration Portal (NBRP)
$33.33
6
Pay Business license tax
$47.61
7
Buy pre-printed VAT invoices from the Municipal Taxation Department or obtain and print self-printed VAT invoices
Approximately $9.52 per book
8
Register with the local labor office to declare use of labor
(Municipal Department for Labor, Invalids and Social Affairs)
No charge
9
Register employees with the Social Insurance Fund for the payment of health insurance and social insurance
No charge
10
Register for trade union with Vietnam General Confederation of Labor
No charge
 

Office, Ready Buillt Factory and Land Rental

Average Leasing Price
Hanoi
Ho Chi Minh City
Da Nang
Office space
(per sqm / month)
Grade A
$41
$32.5
$18
Grade B
$26
$18.5
$12
Grade C
$12
$12
$10
Ready Built Factory
(average per sqm / month)
$4.1
$3.1
$2.9
Land in Industrial Park/Industrial Cluster
(per sqm / 50 years)
$78.3
$74.2
$33.4
 

Manpower

Zone Area I
(Hanoi, HCM, Hai Phong,...)

Area II
(Hai Duong, Hung Yen, Bac Ninh,...)

Area III
(Vinh Phuc, Phu Tho, Bac Giang,...)
Area IV
(Anywhere else)
Minimum Salary
(Monthly)
$171.60 $151.31 $132.45 $118.69
 
Average Salary Industrial Workers Industrial Engineers Industrial Managers Non-Industrial Workers Non-Industrial Managers
Hanoi $215 $430 $980 $431 $1,073
Ho Chi Minh $193 $425 $1,017 $554 $1,309
Da Nang $158 $341 $706 $327 $1,015
 

Electricity

Use Price (USD/kwh)
  Manufacture $0.07 - $0.12
  Service $0.11 - $0.18
 

Water

Use Price (USD/m3)
  Households $0.26 - $0.68
  Administrative Office, Public Services $0.43
  Manufacture $0.50
  Service $0.95