14.02.19 | MARTIN BENCHER VIETNAM HAS OBTAINED OWN BUSINESS LICENSE

Martin Bencher's office in Vietnam was opened in 2008 as a representative office and since then, we have been handling numerous projects in Vietnam supporting customers and offices worldwide for their shipments and project cargo transports in/out of Vietnam.

However, being a representative office has limitations for business activities. For instance, it hasn’t been possible to issue VAT invoices to local clients which is one of the mandatory requirements doing business in Vietnam.

Martin Bencher Vietnam obtained the license in January 2019, and with this new setup they are now able to:

  1. Invoice VAT to local clients
  2. Expand customer portfolio
  3. Assist other Martin Bencher offices

If you are interested in getting to know the country of Vietnam better, here are some few key facts:

  • Size: 331,210 km
  • Population: approx. 96 million people
  • Labor force participation rate: 76.70% (projected to be 77.80% in 2020)
  • Natural resources: mineral resources including with coal, bauxite, iron, offshore oil & gas, hydropower, etc.
  • GDP: 247.434 billion in 2018 / GDP growth 7.08%
  • Key projects: infrastructure, power & energy, oil & gas.

If you have any questions regarding Martin Bencher Vietnam, please contact our management team Mr. Andre Cali, Chairman or Ms. Rose Bui, Director.

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