I-Starting a Business

No. Procedure Associated Costs
1 Check the proposed company name; obtain a business registration certificate as well as a tax registration certificate from the local business registration office under the Department of Planning and Investment $9.52
2 Make a company seal $7.85 – $17.61 for bronze seal
3 Registration of the seal-sample at the Police Department $2.38
4 Open a bank account No charge
5 Publish the registration contents on the National Business Registration Portal (NBRP) $33.33
6 Pay Business license tax $47.61
7 Buy pre-printed VAT invoices from the Municipal Taxation Department or obtain and print self-printed VAT invoices Approximately $9.52 per book
8 Register with the local labor office to declare use of labor

(Municipal Department for Labor, Invalids and Social Affairs)

No charge
9 Register employees with the Social Insurance Fund for the payment of health insurance and social insurance No charge
10 Register for trade union with Vietnam General Confederation of Labor No charge

 II-Office & Factory lease cost

                      City

Lease Cost

Hanoi Ho Chi Minh city Da Nang
Office space

(per sqm /month)

Grade A $39 – $43

 

$30 – $35 $18
Grade B $26 $17 – $20 $12
Grade C $9-$15 $9 – $15 $8 – $12
Industrial Land Rentals

(per sqm/month)

$0.13 – $0.19 $0.26 – $0.42 $0.09 – $0.11

 

III.            Manpower cost

 

 

Zone

 

Area I

(Hanoi, HCM, HaiPhong, …)

Area II

(Hai Duong, Vinh Yen, Hung Yen, BacNinh,…)

Area III

(VinhPhuc, PhuTho, BacGiang,…)

Area IV

(Anywhere else)

MinimumSalary

(Monthly)*

$128.57 $114.28 $100 $90.48

*Based on decree 182/2013/NĐ-CP

 

Average Salary  Industrial Workers Industrial Engineers Industrial Managers Non-Industrial Workers Non-Industrial Managers
Hanoi $155 $355 $773 $389 $957
Ho Chi Minh $173 $347 $810 $512 $1,193
Da Nang $121 $218 $499 $285 $903

 

IV-Water Tariff

Use Cost ($/m3)
Households $ 0.1476 – $ 0.3286
Infrastructure Facilities $ 0.2238
Manufacturers $ 0.2895
Businesses $ 0.3714

 

V-Electricity Cost

Use Cost (USD/m3)
Manufacturers $ 0.424 – $0.452
Services $ 0.5 – $ 0.643

 

 VI-Freight cost                                     

From/ To Saigon, Vietnam

                Commodity

 

From/To

Agriculture Apparel Computer hardware,

software

Health & Medical Supplies Home Appliances Textiles & Leather Products
Yokohama,

Japan

FCL 20 ft $ 876 – $968 $775 – $857 $868 – $960 $868 – $960 $775 – $857 $775 – $857
FCL 40 ft $1,308 – $1,446 $1,157 – $1,279 $1,296 – $1,433 $1,296 – $1,433 $1,157 – $1,279 $1,157 – $1,279
FCL 45 ft $1,439 – $1,590 $1,273 -$1,407 $1,426 -$1,576 $1,426 -$1,576 $1,273 – $1,407 $1,273 – $1,407
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Singapore,

Singapore

FCl 20 ft $798 – $882 $706 – $780 $ 791 – $874 $791 – $874 $706 – $780 $706 – $780
FCL 40 ft $1,191 – $1.316 $1,054 – $1,165 $1,180 -$1,304 $1,180 – $1,304 $1,054 – $1,165 $1,054 – $1,165
FCL 45 ft $1,310 – $1,448 $1,159 -$1,281 $1,298 – $1,435 $1,298 – $1,435 $1,159 – $1,281 $1,159 – $1,281
LCL $220 – $243 $194 -$215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Busan, South Korea FCL 20 ft $678 – $750 $600 – $664 $672 – $743 $672 – $743 $600 – $664 $600 – $664
FCL 40 ft $1,013 – $1,119 $896 – $991 $1,004 – $1,110 $1,004 – $1,110 $896 – $991 $896 – $991
FCL 45 ft $1,114 – $1,231 $986 – $1,090 $1,104 – $1,221 $1,104 – $1,221 $986 – $1,090 $986 – $1,090
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Hamburg, Germany FCL 20 ft $2,140 – $2,365 $1,894 – $2,093 $2,121 – $2,344 $2,121- $2,344 $1,894 – $2,093 $1,894 – $2,093
FCL 40 ft $3,194 – $3,531 $2,827 – $3,124 $ 3,166 – $3,499 $3,166 – $3,499 $2,827 – $3,124 $2,827 – $3,124
FCL 45 ft $3,514 – $3,884 $3,110 – $3,437 $3,483 – $3,849 $3,483 – $3,849 $3,110 – $3,437 $3,110 – $3,437
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Long Beach, USA FCL 20 ft $1,914 – $2,116 $1,694 – $1,872 $1,897 – $2,097 $1,897 – $2,097 $1,694 – $1,872 $1,694 – $1,872
FCL 40 ft $2,858 – $3,158 $2,529 – $2,795 $2,832 -$3,130 $2,832 – $3,130 $2,529 – $2,795 $2,529 – $2,795
FCL 45 ft $3,143 – $3,474 $2,782 – $3,075 $3,116 – $3,444 $3,116 – $3,444 $2,782 – $3,075 $2,782 – $3,075
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Rotterdam, Netherlands FCL 20 ft $2,134 – $2,359 $1,889 – $2,087 $2,115  – $2,338 $2,115 – $2,338 $1,889 – $2,087 $1,889 -$2,087
FCL 40 ft $3,186 – $3,521 $2,819 – $3,116 $3,157 – $3,490 $3,157 – $3,490 $2,819 – $3,116 $3,157 – $3,490
FCL 45 ft $3,504 – $3.873 $3,101 – $3,427 $3,473 – $3,839 $3,473 – $3,839 $3,101 – $3,427 $3,101 – $3,427
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Osaka, Japan FCL 20 ft $790 – $873 $699 – $773 $783 – $865 $783 – $865 $699 – $773 $699 – $773
FCL 40 ft $1,179 – $1,303 $1,043 – $1,153 $1,169 – $1,292 $1,169 – $1,292 $1,043 – $1,153 $1,043 – $1,153
FCl 45 ft $1,297 – $1,434 $1,148 – $1,269 $1,286 – $1,421 $1,286 – $1,421 $1,148 – $1,269 $1,148 – $1,269
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Hong Kong, Hong Kong FCL 20 ft $678 – $750 $600 – $664 $672 – $743 $672 – $743 $600 – $664 $883 – $976
FCL 40 ft $1,013 –

$1,119

$896 – $991 $1,004 – $1,110 $1,004 – $1,110 $896 – $991 $896 – $991
FCL 45 ft $1,114 – $1,231 $986 – $1,090 $1,104 – $1,221 $1,104 – $1,221 $986 – $1,090 $986 – $1,090
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Shanghai, China FCL 20 ft $710 – $784 $628 – $694 $703 – $777 $703 – $777 $628 – $694 $628 – $694
FCL 40 ft $1,059 – $1,171 $937 – $1,036 $1,050 – $1,161 $1,050 – $1,161 $937 – $1,036 $937 – $1,036
FCL 45 ft $1,165 – $1,288 $1,031 – $1,140 $1,155 – $1,277 $1,155 – $1,277 $1,031 – $1,140 $1,031 – $1,140
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215

*For reference only

From/ To HaiPhong,Vietnam

                Commodity

 

From/To

Agriculture Apparel Computer hardware, software Health & Medical Supplies Home Appliances Textiles & Leather Products
Yokohama,

Japan

FCL 20 ft $993 – $1,098 $879 – $971 $984 – $1,088 $984 – $1,088 $879 – $971 $879 – $971
FCL 40 ft $1,482 – $1,639 $1,312 – $1,650 $1,469 – $1,624 $1,469 – $1,624 $1,312 -$1,450 $1,312 – $1,450
FCL 45 ft $1,631 – $1,802 $1,443 – $1,595 $1,616 – $1,787 $1,616 – $1,787 $1,443 – $1,595 $1,443 – $1,595
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Singapore,

Singapore

FCl 20 ft $743 – $821 $657 – $727 $736 – $814 $736 – $814 $657 – $727 $657 – $727
FCL 40 ft $1,109 – $1,226 $982 – $1,085 $1,099 – $1,215 $1,099 – $1,215 $982 – $1,085 $982 – $1,085
FCL 45 ft $1,220 – $1,349 $1,080 – $1,193 $1,209 – $1,337 $1,209 – $1,337 $1,080 – $1,193 $1,080 – $1,193
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Busan, South Korea FCL 20 ft $795 – $879 $704 – $778 $788 – $871 $788 – $871 $704 – $778 $704 – $778
FCL 40 ft $1,187 – $1,312 $1,051 – $1,161 $1,177 – $1,301 $1,177 – $1,301 $1,051 – $1,161 $1,051 – $1,161
FCL 45 ft $1,306 – $1,444 $1,156 – $1,278 $1,295 – $1,431 $1,295 – $1,431 $1,156 -$1,278 $1,156 – $1,278
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Hamburg, Germany FCL 20 ft $1,358 – $1,501 $1,202 -$1,329 $1,346 – $1,488 $1,346 – $1,488 $1,202 – $1,329 $1,202 – $1,329
FCL 40 ft $2,028 – $2,241 $1,794 – $1,983 $2,010 – $2,221 $2,010 – $2,221 $1,794 – $1,983 $1,794 -$1,983
FCL 45 ft $2,231 – $2,465 $1,974 -$1,982 $2,211 – $2,444 $2,211 – $2,444 $1,974 – $2,182 $1,974 – $2,182
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Long Beach, USA FCL 20 ft $1,206 – $1,333 $1,068 -$1,180 $1,196 – $1,322 $1,196 – $1,322 $1,068 – $1,180 $1,068 – $1,180
FCL 40 ft $1,801 – $1,990 $1,594 – $1,761 $1,785 – $1,973 $1,785 – $1,973 $1,594 – $1,761 $1,594 – $1,761
FCL 45 ft $1,981 – $2,190 $1,753 – $1,938 $1,963 – $2,170 $1,963 – $2,170 $1,753 – $1,938 $1,753 – $1,938
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Rotterdam, Netherlands FCL 20 ft $1,353 – $1,495 $1,197 – $1,323 $1,341 – $1,482 $1,341 -$1,482 $1,197 -$1,323 $1,197 – $1,323
FCL 40 ft $2,019 – $2,232 $1,787 – $1,975 $2,001 – $2,212 $2,001 – $2,212 $1,787 – $1,975 $1,787 – $1,975
FCL 45 ft $2,221 – $2,455 $1,965 – $2,172 $2,201 – $2,433 $2,201 – $2,433 $1,965 – $2,172 $1,965 – $2,172
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Osaka, Japan FCL 20 ft $907 – $1,002 $803 – $887 $899 – $994 $899 – $994 $803 – $887 $803 – $887
FCL 40 ft $1,354 – $1,496 $1,198 – $1,324 $1,342 – $1,483 $1,342  – $1,483 $1,198 – $1,324 $1,198 – $1,324
FCl 45 ft $1,489 – $1,646 $1,318 – $1,457 $1,476 – $1,631 $1,476 – $1,631 $1,318 – $1,457 $1,318 – $1,457
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Hong Kong, Hong Kong FCL 20 ft $384 – $424 $340 – $375 $380 – $420 $380 – $420 $340 -$375 $340 -$375
FCL 40 ft $573 – $633 $507 – $560 $568 – $628 $568 – $628 $507 – $560 $507 – $560
FCL 45 ft $630 – $697 $558 – $617 $625 – $691 $625 – $691 $558 – $617 $558 – $617
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215
Shanghai, China FCL 20 ft $827 – $914 $731 – $809 $819 – $906 $819 – $906 $731 – $809 $731 – $809
FCL 40 ft $1,234 – $1,464 $1,092 – $1,207 $1,223 – $1,352 $1,223 – $1,352 $1,092 – $1,207 $1,092- $1,207
FCL 45 ft $1,357 – $1,500 $1,201 – $1,328 $1,345 – $1,487 $1,345 – $1,487 $1,201 – $1,328 $1,201 – $1,328
LCL $220 – $243 $194 – $215 $218 – $241 $218 – $241 $194 – $215 $194 – $215

*For Reference only

VII. Living Cost in Vietnam

Prices in Ho Chi Minh City:

Restaurants  Average.
Meal, Inexpensive Restaurant $2.58
Meal for 2, Mid-range Restaurant, Three-course $16.41
Combo Meal at McDonalds or Similar $3.96
Domestic Beer (0.5 liter draught) $0.94
Imported Beer (0.33 liter bottle) $1.88
Cappuccino (regular) $2.24
Coke/Pepsi (0.33 liter bottle) $0.49
Water (0.33 liter bottle) $0.32
Markets Average.
Milk (regular), (1 liter) $1.49
Loaf of Fresh White Bread (500g) $1.07
Rice (white), (1kg) $0.73
Eggs (12) $1.16
Local Cheese (1kg) $8.39
Chicken Breasts (Boneless, Skinless), (1kg) $3.38
Apples (1kg) $2.58
Oranges (1kg) $1.80
Tomato (1kg) $0.63
Potato (1kg) $0.75
Lettuce (1 head) $0.51
Water (1.5 liter bottle) $0.57
Bottle of Wine (Mid-Range) $8.20
Domestic Beer (0.5 liter bottle) $0.67
Imported Beer (0.33 liter bottle) $1.33
Pack of Cigarettes (Marlboro) $1.03
Transportation Average.
One-way Ticket (Local Transport) $0.23
Monthly Pass (Regular Price) $7.03
Taxi Start (Normal Tariff) $0.56
Taxi 1km (Normal Tariff) $0.66
Taxi 1hour Waiting (Normal Tariff) $0.91
Gasoline (1 liter) $1.2  – $1.3
Car Rent (Basic Monthly cost)
Toyota Camry (Sedan) $1,500
Toyota Innova (compact MPV) $1,300
Utilities (Monthly) Average.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment $56.28
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) $0.11
Internet (6 Mbps, Unlimited Data, Cable/ADSL) $14.30
Sports And Leisure Average.
Fitness Club, Monthly Fee for 1 Adult $61.61
Tennis Court Rent (1 Hour on Weekend) $9.38
Cinema, International Release, 1 Seat $4.11
Rent Per Month (VAT 10% included) Average.
Saigon Pearl (2 bedrooms, swimming pool, gym) $1,300 – $1,400
Norfolk Mansion (2 bedrooms, swimming pool, gym) $3,000
Saigon Sky Garden (2 bedrooms, tennis court, swimming pool, gym) $3,518  – $3,565
Salaries And Financing Average.
Average Monthly Disposable Salary (After Tax) $309.41
Mortgage Interest Rate in Percentages (%), Yearly 11.54
International School Fee Average
Monthly Fee $1,419
Monthly Bus Fee $76 ~ $261
Entrance Fee $1,118
Japanese School Fee
Monthly Fee $400
Entrance Fee $500
Bus Fee (monthly) $130
Hotel
5-star $150 – $217
4-star $47 – $137
Golf Course (Price included green fee + caddie fee for 1 round 18 hole of golf)
Weekdays $108.76
Weekends $143.28
Hospital Cost
Checkup (no appointment) $26
Hospital Stay (standard) $89

Prices in Hanoi:

Restaurants  Average.
Meal, Inexpensive Restaurant $2.11
Meal for 2, Mid-range Restaurant, Three-course $14.06
Combo Meal at McDonalds or Similar $3.75
Domestic Beer (0.5 liter draught) $0.70
Imported Beer (0.33 liter bottle) $1.99
Cappuccino (regular) $2.09
Coke/Pepsi (0.33 liter bottle) $0.50
Water (0.33 liter bottle) $0.37
Markets Avg.
Milk (regular), (1 liter) $1.39
Loaf of Fresh White Bread (500g) $0.65
Rice (white), (1kg) $0.64
Eggs (12) $1.45
Local Cheese (1kg) $8.44
Chicken Breasts (Boneless, Skinless), (1kg) $2.85
Apples (1kg) $3.26
Oranges (1kg) $2.57
Tomato (1kg) $0.74
Potato (1kg) $0.54
Lettuce (1 head) $0.77
Water (1.5 liter bottle) $0.69
Bottle of Wine (Mid-Range) $11.25
Domestic Beer (0.5 liter bottle) $0.56
Imported Beer (0.33 liter bottle) $0.94
Pack of Cigarettes (Marlboro) $1.03
Transportation Avg.
One-way Ticket (Local Transport) $0.23
Monthly Pass (Regular Price) $6.56
Taxi Start (Normal Tariff) $0.56
Taxi 1km (Normal Tariff) $0.60
Taxi 1hour Waiting (Normal Tariff) $4.69
Gasoline (1 liter) $1.2 – $1.3
Car Rent (Monthly cost)
Toyota Camry (Sedan) $1500
Toyota Innova (Compact MPV) $1333
Utilities (Monthly) Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment $45.56
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) $0.08
Internet (6 Mbps, Unlimited Data, Cable/ADSL) $13.28
Sports And Leisure Avg.
Fitness Club, Monthly Fee for 1 Adult $78.13
Tennis Court Rent (1 Hour on Weekend) $4.06
Cinema, International Release, 1 Seat $4.64
Rent Per Month (VAT 10% included) Avg.
The Manor (3 bedrooms, furniture included) $1,900  – $2,500
Keangnam Hanoi Landmark Tower (3 bedrooms, furniture included) $1,800 – $2,000
Fraser Suite (1 bedroom, furniture included) $2,296
Summerset Grand (2 bedrooms, furniture included) $3,075  – $3,294
Salaries And Financing Avg.
Average Monthly Disposable Salary (After Tax) $315.12
Mortgage Interest Rate in Percentages (%), Yearly 12.16
International School Fee Avg.
Monthly Fee $1,583
Monthly Bus Fee $67
Entrance Fee $800
Japanese School Fee
Monthly Fee $400
Entrance Fee $500
Bus Fee (monthly) $130
Golf Course (Price included green fee + caddie fee for 1 round 18 hole of golf)
Weekdays $98
Weekends $128
Hospital Cost
Checkup (no appointment) $38
Hospital Stay (standard) $95.23
 

Prices in Da Nang:

Restaurants Average.
Meal, Inexpensive Restaurant $1.88
Meal for 2, Mid-range Restaurant, Three-course $7.03
Combo Meal at McDonalds or Similar $3.52
Domestic Beer (0.5 liter draught) $0.68
Imported Beer (0.33 liter bottle) $1.20
Cappuccino (regular) $1.41
Coke/Pepsi (0.33 liter bottle) $0.44
Water (0.33 liter bottle) $0.41
Markets Avg.
Loaf of Fresh White Bread (500g) $0.75
Rice (white), (1kg) $0.48
Local Cheese (1kg) $3.00
Tomato (1kg) $0.80
Transportation Avg.
One-way Ticket (Local Transport) $0.47
Monthly Pass (Regular Price) $6.36
Taxi Start (Normal Tariff) $0.48
Taxi 1km (Normal Tariff) $0.50
Taxi 1hour Waiting (Normal Tariff) $0.85
Gasoline (1 liter) $1.2 – $1.3
Car Rent (Monthly)
Toyota Camry (Sedan) $1500
Toyota Innova (Compact MPV) $1300
Utilities (Monthly) Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment $50.62
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) $0.19
Internet (6 Mbps, Unlimited Data, Cable/ADSL) $14.28
Sports And Leisure Avg.
Fitness Club, Monthly Fee for 1 Adult $25.00
Tennis Court Rent (1 Hour on Weekend) $4.00
Cinema, International Release, 1 Seat $5.14
Rent Per Month (VAT 10% included) Avg.
Vinh Trung Plaza $800  – $1,300
Azura Da Nang $900 – $1,800
Salaries And Financing Avg.
Average Monthly Disposable Salary (After Tax) $450.00
Mortgage Interest Rate in Percentages (%), Yearly 14.00
International School Fee Avg.
Monthly School Fee $986
Monthly Bus Fee $70
Entrance Fee $204
Hotel
5-star $142 – $250
4-star $42 – $118
Golf Course (Price included green fee + caddie fee for 1 round 18 hole of golf)
Weekdays $110.23
Weekends $152.85
Hospital Cost
Checkup (no appointment) $27
Hospital Stay (standard) $83

Source: https://dautunuocngoai.gov.vn/news/176/Business-cost/en


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