• Investor Visa (DT1–DT4 categories)

  Based on the capital invested:

  • DT1: ≥ VND 100 billion (~USD 4 million)
  • DT2–DT4: Lower capital, shorter validity
    • Business Visa
  • For foreign investors or managers of a registered Vietnamese company
  • Requires sponsorship from your own or a partner company
  • Long-term residence requires business registration or employment-based sponsorship

Most foreigners establish:

• 100% Foreign-Owned Enterprise (FIE) – allowed in hospitality
• Joint Venture with local partner – may help with approvals

  Steps:

• Reserve company name and register with DPI (Department of Planning and Investment)
• Apply for Investment Registration Certificate (IRC)
• Apply for Enterprise Registration Certificate (ERC)
• Lease business premises and apply for business license

Setup Time: 6–12 weeks

• Tourism business license (from Vietnam National Administration of Tourism, if offering lodging)
• Food hygiene & safety certification
• Fire prevention approval
• Alcohol license (if serving)

Many permits are location-specific—local officials have strong influence.

• Corporate income tax: 20%
• VAT: 5% (accommodation, food), 10% standard
• Foreign contractor tax may apply to international payments
• Employers contribute ~21.5% to social insurance

• Minimum wage (2025): ~USD 180–250/month depending on region
• Foreign workers need work permits (unless exempted for under 30 days)
• Written contracts required for all staff
• Recruiting reliable staff can be challenging in rural/tourist areas

• Foreigners cannot own land, but can lease for up to 50 years
• Many restaurants and guesthouses operate via leased spaces
• “Key money” or upfront goodwill payments common in tourist zones
• Cities like Hoi An, Hue, and Da Nang are hot spots for boutique hospitality

• Growth in domestic tourism and digital nomads
• Guests value cleanliness, attentive service, and unique ambiance
• Western and fusion cuisine is popular with expats and younger locals
• Strong café culture—opportunity for breakfast & coffee-focused concepts

• VCCI – Chamber of Commerce and Industry
• Vietnam Tourism Association – guidance on licensing and market trends
• Foreign entrepreneur networks (especially in HCMC and Da Nang)

• Local bank loans often inaccessible for foreigners
• Most foreign entrepreneurs are self-funded or use investors
• Informal partnerships with local investors common

• Vietnam Briefing
• VCCI – Vietnam Chamber of Commerce
• VNAT – Vietnam Tourism

Success in Vietnam hinges on strong local relationships. Be culturally respectful, patient with approvals, and work with a local consultant for permits and licenses.