Vietnam offers a lot of choices when setting up a business in the country. Each one has both advantages and disadvantages which investors and business owners should get deep understanding to optimize business structure and make it most effective. According to VIETNAM ENTERPRISE LAW 2014, there are 5 types of business:
Not a relative of the Board member, Director, CEO, other managers
Not required to be an employee or a shareholder of the company.
The Supervisory Board member cannot be the manager of the company.
It can be seen that there is no better business type, and there is no business type without drawbacks. When choosing the type of business to set up a company, the business owner must clearly and fully define his or her purpose. That way, the new enterprise can bring into play the strength and efficiency of that type of enterprise.