Starting A Business In Ho Chi Minh

Starting a business in Ho Chi Minh - Step by step guide

Ho Chi Minh city or you can call this city is Saigon.  A super city in Southeast Asia, with over 10 million peoples and the top pace economic development in Vietnam. And most of all, this city needs top entrepreneurs to develop stronger.

Do you want to start a business in one of Asia's most dynamic cities, where more than half of the population is under 30, with a passionate working spirit? Ho Chi Minh city is that should be the right place for you to work.

So, how do starting a business in Ho Chi Minh? And what is business cultures in this city? Read content below to find out details.

Ho Chi Minh City is the ideal start for entrepreneurs nowadays

Step by step guide to starting a business in Ho Chi Minh City

1. First of all, you will need a service legal advice that can help you complete legal procedures for investment

Legal issues are one of the important steps that businessman (including Vietnamese traders) also need to pay attention to. When you want to open a trading company in Vietnam, you will need a legal advisory service and support to set up a company. Start by planning a business and saying it to your counselor. You will get start a business with the best legal procedures

After you have accumulated the legal foundation for your company, the company license will be the key to your company development. The business type will determine your business license.

2. Set up office space

The population density in Ho Chi Minh City is very dense. Therefore, setting up office space in this city is not easy. This may seem easier if you've ever been to Ho Chi Minh City and drew a map of the districts in your mind.

If you have limited funds, you can choose your office space as apartments (office-tel). If you have more money, you can choose villas or big houses.

You have many options to own office space for your company

3. Your staff is Vietnamese - Should or shouldn’t?

In many cases, native staff may outperform the most talented people from other countries. Above all, they understand the characteristics of the market in Ho Chi Minh City and will be a bridge for you to reach out to customers better.

4. What is the culture’s business in Ho Chi Minh city?

Ho Chi Minh City was once called the "Pearl of the Far East". And if you want to imagine the image of Ho Chi Minh City, you can think about Hong Kong a few years ago. Unlike the business environment in Hanoi, Ho Chi Minh is dynamic and noisy. This city is really not suitable for those who just want a peaceful and relaxed space. If you want to start a business in Ho Chi Minh, you should learn how to operate continuously every day with high intensity and enthusiasm.

Small and medium-sized business culture is also a highlight in Ho Chi Minh City. People in this city often start their working day at 8:00 am and end at 18:00 with high performance. Ho Chi Minh City is also the place with the highest average income in Vietnam nowadays.

Get ready for the journey to conquer Ho Chi Minh City by understanding the business culture in this city

In short, the start a business in Ho Chi Minh City requires a serious and thorough investment. However, the dynamic environment here will be able to motivate you to develop your work with the potential to be ranked as the most advanced in Southeast Asia today.