Ho Chi Minh City, Vietnam – 15 May 2025
Indochine Counsel was honored to participate in the Global Sourcing Fair Vietnam 2025, held on 24-25 April at the Saigon Exhibition and Convention Center (SECC). As part of the event’s official seminar series, Indochine Counsel’s Partner | Co-Head of Corporate and M&A, Projects & Infrastructure, Mr. Dang Hoan My, joined forces with our long-standing partner Mr. Ly Nghia Dung, Managing Partner of Li Sheng Law Firm, to deliver a featured presentation titled “Establishing Companies & Factories in Vietnam”
Their session attracted a broad audience of foreign investors, sourcing professionals, and international manufacturers seeking to explore Vietnam’s potential as a strategic destination for industrial expansion and supply chain relocation.
As Vietnam continues to gain prominence as a regional manufacturing and sourcing hub, the presentation provided attendees with a comprehensive legal roadmap for doing business in the country. Key topics covered included:
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Strategic selection of industrial zones (IZs)
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Legal steps for obtaining Investment Registration Certificate (IRC), Enterprise Registration Certificate (ERC), and land lease agreements
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Investment incentives and taxation frameworks for manufacturing operations
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Licensing, environmental approvals, and construction permits
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Immigration and work permit procedures for expatriate personnel
“Vietnam’s strong economic fundamentals including 7% GDP growth in 2024, a dynamic labor force of over 53 million people, and competitive tax policies continue to drive interest from foreign manufacturers and sourcing companies,” said Mr. Dang Hoan My.
“We are proud to contribute legal guidance to help investors navigate the regulatory landscape and make informed decisions.”
In addition, as part of Indochine Counsel’s collaboration with the organizer, our team also set up a booth to answer any questions participants might have regarding legal compliance for setting up companies and factories in Vietnam.
The Global Sourcing Fair Vietnam 2025, organized by Global Sources, brought together hundreds of suppliers, buyers, and industry leaders across Asia. The event served as a key platform for companies looking to diversify their sourcing strategies and capitalize on Vietnam’s favorable investment environment.
Indochine Counsel extends its sincere appreciation to Global Sources for the opportunity to support this meaningful initiative and remains committed to empowering foreign enterprises in their expansion journeys across Vietnam.
To learn more about the presentation or request a copy of the materials, please contact: [email protected]
