1. What is Revenue? According to Official Letter No. 533/GLA-NVDTPC (2026), revenue is defined as follows: Revenue means the total proceeds from the sale of goods, processing activities, and provision of services, including bonuses, financial support, subsidies, surcharges, additional charges, extra fees, compensation, and other revenues related to business activities that a business household is […]
In recent years, Vietnam has become an attractive destination for foreign investors and entrepreneurs due to its growing economy and strategic location in Southeast Asia. As a result, many foreigners are exploring opportunities to establish businesses in the country. One common question that arises is whether foreigners can set up a business household in Vietnam. […]
A business household is a quite common form of business that many people choose when operating on a small scale. So, is a business household considered an enterprise? This article explores the distinction between business households and enterprises under Vietnam’s current legal framework. 1. What is a Business Household? Current laws do not provide a […]