Establishing a European company - Receiving FDI from the EU

The ratification of the Free Trade Agreement between Vietnam and the European Union (EVFTA) has marked an important milestone in the relationship between Vietnam and the EU. This agreement promises to create a strong wave of investment from European companies into Vietnam.

The EVFTA Agreement and the Investment Protection Agreement between Vietnam and the European Union (IPA) were started and concluded in the context of the growing bilateral relationship between Vietnam and the EU. According to experts, this is a great opportunity for Vietnamese businesses to seize the opportunity, because Vietnam is still considered an ideal place to attract high-quality FDI capital after the pandemic.

Destination of European investors

With GDP in the first quarter of 2021 estimated to increase by 4.48% over the same period last year and is one of three countries in the region that has not experienced a decrease in economic output despite the current difficult context, the fact that Vietnam has become an ideal destination for EU investors in particular and the world in general is completely understandable.

Vietnam is currently the 16th largest trading partner of the EU. According to the Ministry of Industry and Trade, our country's exports to the EU increased 28% over the same period last year, reaching nearly 10 billion USD in the first quarter of this year. In the opposite direction, FDI inflows from EU countries into Vietnam are also increasing, especially after trade agreements such as EVFTA and Free Trade Agreement between Vietnam and the United Kingdom - UKVFTA, officially comes into force.

EVFTA helps FDI flows from the EU to Vietnam increase rapidly

According to One IBC, a professional international business service provider, this investment usually focuses on Vietnam's exports to the EU in fields such as services and technology. Sectors such as agriculture, garment, leather shoes of our country will be the industries with great potential and benefit the most from this capital flow.

Catch the FDI "wave" with One IBC

In order to capture advantages and maintain FDI in Vietnam, one of the most optimal solutions that One IBC has concluded after more than 10 years of operation in the field of business services is that Vietnamese enterprises must proactively establish European companies and representative offices in host countries.

Establishing a European company with One IBC to capture the FDI wave from the EU

One of the primary goals of setting up a company abroad is to cooperate directly with the parent company in the EU market. Since then, bringing European brands and products in parallel with the establishment of a factory in Vietnam to easily export to companies in Europe. One IBC further shared that setting up a business in Europe not only helps increase the trust of customers when having a direct office abroad, but also attracts many investors, thereby opening up more cooperation opportunities for businesses.

With only 4 simple steps and quick procedures with leading experts in the field of setting up a European company, One IBC is committed to supporting Vietnamese businesses on the way to expand the market and receive EU investment.