VSICdata
VSIC 2018 · Sub-class
46696

Wholesale of textile and footwear supplies

Bán buôn phụ liệu may mặc và giày dép

Open to 100%

This activity covers the wholesale trade of supplies used in the production of textiles and footwear.

Includes

  • Wholesale of textile fibers
  • Wholesale of leather
  • Wholesale of textile yarns
  • Wholesale of shoe components

Foreign ownership

Open to 100%

This activity is not on Vietnam’s market-access negative list. A foreign investor may hold up to 100%, subject to the ordinary IRC and ERC licensing and the capital expectations below.

Recommended route

Wholly foreign-owned LLC

Up to 100% foreign equity, one or more members

Joint-stock company

For multiple shareholders or a later listing

Branch office

Extension of a foreign parent (limited sectors)

Compare all company structures

Registration path

  1. 1

    IRC

    Investment Registration Certificate from the DPI

  2. 2

    ERC

    Enterprise Registration Certificate (the company itself)

  3. 3

    Post-licensing

    Seal, corporate bank account, tax and e-invoicing

  4. 4

    Sub-licence

    Sector permit, if the activity is conditional

Emerhub files each step with the authorities; you provide the documents and information.

Charter capital

SituationVNDUSD
Most business linesVietnam sets no statutory minimum charter capital for most sectors. The registered charter capital must be credible for the project and fully contributed within 90 days of the Enterprise Registration Certificate. Foreign-invested projects are assessed on capital adequacy at the Investment Registration Certificate stage.. Legal basis: Law on Enterprises 2020 (No. 59/2020/QH14), Art. 47, 75, 113; Law on Investment 2020.No floorNo floor

Bold is the figure the law sets; the other column is an approximate conversion at ₫25,400 to USD 1. Vietnam sets no general minimum for most sectors.