Starting a Business in Vietnam

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Member since 04 June 2021

NikitameMember27 July 2021 03:48:19

Hi Guys

Is starting an e-commerce business in Vietnam with Vietnamese employees good in terms of getting a long term visa/TRC?

If not which industries will be more cost effective in terms of capital investment, potential business success and etc?

My colleague and I (both foreigners) are also looking into exporting goods to other countries, but getting customers seems to be a bit challenging if you do have connections.

Any advise will be appreciated.

Jlgarbutt ViP

Member since 13 June 2018

JlgarbuttViP27 July 2021 05:17:36

1426

At this time ? No.. very hard. But even before covid you would face serious challenges. The biggest hurdle being the number of competitors already here in VN.. added to which most goods come from drop shippers sourcing cheap goods from China.

What are you ultimate ambitions.. to use the business simply to gain a visa or TRC¿

Nikitame Member

Member since 04 June 2021

NikitameMember27 July 2021 07:29:17

Thanks for the insight, The ambition is to have the TRC and financial stability and freedom with time,

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