Can a foreign investor own 100% of a company in Vietnam?
The answer is: sometimes yes, sometimes no.
Many investors ask this question too early. They ask about ownership before explaining what the company will actually do.
In Vietnam company formation, ownership depends on the business activity. A consulting company, a trading company, an e-commerce business, a logistics company, a restaurant, or a real estate project may face very different legal conditions.
Some sectors are open to foreign investors. Some sectors are conditional. Some may require additional approvals. Some may require a more careful structure.
So the better question is not simply: “Can I own 100%?”
The better question is: “Can I legally own 100% for this exact business model?”
Ownership follows the business model.
Before forming a company in Vietnam, define clearly what you will sell, who your customers are, and how the company will make money.
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