One IBC in an effort to support businesses in investing in the EU

Since the EU-Vietnam Free Trade Agreement (EVFTA) was signed in 2019, many business owners have seized the opportunity to invest in the EU, finding opportunities in a new market.

Facing this new investment trend, offshore investment consulting agencies play an essential role in helping to put business on the right track, landing in the right place. Currently, One IBC is one of the most prestigious entities on a global scale, proud to have contributed to bringing the names of many brands across the new territory.

Investing in the EU is becoming a new trend for Vietnam businesses

Although still heavily affected by the Covid-19 pandemic, Vietnam's export growth is still very optimistic. In the first quarter of 2021, the export value to the EU was nearly 10 billion USD, increasing 14.5% over the same period last year. It should be taken into consideration that, in this period of last year, the pandemic has not yet broken out. This proves that the export potential is growing strong. Vietnamese businesses also affirm the quality and services of domestic goods are not inferior to those of other countries.

The export potential to the EU market is growing strong thanks to the EVFTA agreement

Thanks to the EVFTA Agreement, many tariff barriers have been removed. The path of Vietnamese products entering the EU has also become easier. Currently, the main export items to the EU are still agricultural and aquatic products and textiles, which have proven their prestige and quality many years ago. Manufacturing industries such as computer components and electronic products have witnessed firm growth, which is considered to have strong export potential in the future.

The opportunity to export to the EU becoming clearer is also an important premise for Vietnamese businesses to think about setting up a company in the EU to invest abroad. This will help businesses a lot in logistics and financial management. The foreign currency profit stream that businesses earn will be optimized through many forms of investment incentives that the local country provide. Exported goods will be circulated more easily if the enterprise has a legal presence in the importing country. Not only that, the reputation of the business has also been significantly increased, thereby bringing advantages for foreign investment to become a new trend in the near future.

During this time, One IBC has seen many companies in Vietnam set up companies in the EU to seek out more investment opportunities. These businesses are very diverse in terms of industries and sizes. Some of them are large export corporations in Vietnam, and some of them are just small and medium technology companies, accessing the European market to provide software outsourcing (outsourcing) services and computer applications.

Invest across borders with One IBC

With initial positive signals, experts of One IBC consider this to be a new investment trend post-pandemic. Vietnam investors can start thinking about expanding their business and learning about the EU market from now on. This will be a big challenge because in general, this is still a rather tough and demanding market. To find the best investment solution, businesses can seek help from reputable and professional experts in the field of offshore investment support such as One IBC.

During more than 10 years of development and dedication to accompanying businesses in their journey to conquer the international market, One IBC has given out the best solutions and service, helping to elevate the Vietnamese brands in many other countries in the world.

One IBC's team of experts come from many countries, always ready to meet the needs of every business

One IBC has a network of services to support conducting overseas business such as: offshore companies formation; trademark protection registration; bank account consultancy, merchant account consultancy; accounting - auditing services; etc. Through these services, businesses will have the necessary momentum to be ready in the new market, therefore focusing on business expansion without having to worry about administrative procedures in a foreign country. One IBC's team of experts come from many countries around the world, always ready to listen to all questions and offer the most practical solutions for each business model.

With 4 simple steps and quick procedures when establishing an offshore company, One IBC is committed to supporting Vietnamese businesses on the path to success.