Vietnam Company Formation / Registration / Incorporation

General Information:

Vietnam – sometimes spelled Viet Nam (Listeni/ˌviːɛtˈnɑːm/ vee-et-nahm; Vietnamese: Việt Nam, About this sound listen), officially the Socialist Republic of Vietnam (Vietnamese: Cộng hòa xã hội chủ nghĩa Việt Nam, About this sound listen) – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea – referred to in Vietnam as the East Sea (Vietnamese: Biển Đông) – to the east. With an estimated 90.5 million inhabitants as of 2011, Vietnam is the world’s 13th-most-populous country, and the eighth-most-populous Asian country.

The Vietnamese became independent from Imperial China in 938 AD, following the Battle of Bạch Đằng River. Successive Vietnamese royal dynasties flourished as the nation expanded geographically and politically into Southeast Asia, until the Indochina Peninsula was colonized by the French in the mid-19th century. Efforts to resist the French eventually led to their expulsion from the country in the mid-20th century, leaving Vietnam divided politically into two countries. Fighting between the two sides continued, with heavy foreign intervention, during the Vietnam War, which ended with a North Vietnamese victory in 1975.

Emerging from this prolonged military engagement, the war-ravaged Communist nation was politically isolated. In 1986, the government instituted economic and political reforms and began a path towards international reintegration.[12] By 2000, it had established diplomatic relations with most nations. Its economic growth has been among the highest in the world since 2000,[13] and according to Citigroup, such high growth is set to continue. Vietnam has the highest Global Growth Generators Index among 11 major economies,[14] and its successful economic reforms resulted in it joining the World Trade Organization in 2007. However, the country still suffers from relatively high levels of income inequality, disparities in healthcare provision, and poor gender equality.