What our Vietnam company report includes
Our Vietnam reports are researched from sources including the National Business Registration Portal (NBRP) — now administered by the Ministry of Finance, which absorbed the former Ministry of Planning and Investment in 2025 — together with provincial business-registration office filings, the tax authority (under the Ministry of Finance), court records, and direct in-country enquiry; fees may apply for certain records. Coverage of any individual source depends on what the subject company has filed and what is publicly accessible at the time of the search. Findings are translated from Vietnamese and presented in plain English.
In Vietnam's early-2025 government restructuring (Decree 29/2025), the Ministry of Planning and Investment was merged into the Ministry of Finance, which now oversees business registration via the National Business Registration Portal and provincial business-registration offices; the former General Department of Taxation was likewise reorganised under the Ministry of Finance.
Identity & registration
- ✓ Enterprise Registration Certificate (ERC) number
- ✓ Tax code (Mã số thuế, MST — 10/13 digit)
- ✓ Legal form (LLC, JSC, partnership, sole proprietor)
- ✓ Date of first registration, issuing province
- ✓ Operating status (active, suspended, dissolved)
People & ownership
- ✓ Legal representative (Người đại diện pháp luật)
- ✓ Owners / members / shareholders
- ✓ Charter capital (Vốn điều lệ)
- ✓ Foreign-invested status (FDI registration)
- ✓ Parent / group entity (where disclosed)
Activity & trading
- ✓ Registered business activities & VSIC codes
- ✓ Import/export licence and HS-code scope (case-specific)
- ✓ Operating premises and staff numbers (where verified)
- ✓ Tax compliance status (case-specific)
- ✓ Risk indicator and calculated credit limit
Risk & public records
- ✓ Court judgements and enforcement proceedings
- ✓ Tax-debt and tax-violation flags (case-specific)
- ✓ Administrative penalties (case-specific)
Note on Vietnamese data: Vietnamese companies are not generally required to file public accounts. Charter capital (vốn điều lệ) is declared on incorporation but is not the same as paid-up capital and is rarely independently verified by the registry. Our agents can research the available records to establish operating premises, and can ask the company directly for financial information, which it may consent to provide or may decline.
Why verify a Vietnamese company?
Vietnam has become the leading "China+1" sourcing market for global buyers (particularly in textiles and apparel, footwear, electronics assembly, furniture, seafood, coffee and rice) and is one of the fastest-growing trade partners for the EU, US and Northeast Asia. The Enterprise Law and the Investment Law together established a comprehensive registration regime: every limited entity has an Enterprise Registration Certificate, a national tax code, and is recorded on the centrally accessible National Business Registration Portal. Structural verification is generally straightforward.
The challenge for overseas buyers is the gap between formation and reality. Vietnam's ease of incorporation has produced very large numbers of new entities each year, and not every registered company is genuinely trading, particularly among trading-house entities set up to act as intermediaries to factories rather than as factories themselves. A buyer who believes they are dealing directly with a manufacturer may in fact be contracting with a small trading company that subcontracts to the actual producer, with all the quality, IP and continuity risk that arrangement carries.
Financial verification is the second challenge. Public filing of audited accounts is not generally required for Vietnamese limited companies, and charter capital declared on incorporation is not an audited paid-up figure. For credit and procurement decisions, an investigated report can include a request to the company for financial information, typically the most recent tax-authority-filed financial statements, and, where appropriate, for bank references or details such as factory size, employee headcount, equipment and export track record. This is supplementary information the company may consent to provide or may decline. This is standard practice and not a sign of evasiveness.
Risk patterns we can identify in Vietnam reports include trading companies presenting as manufacturers; foreign-invested entities (FIEs) operating outside their licensed business scope; companies with tax-debt flags or recent tax-violation penalties; recent address or legal-representative changes that may indicate ownership turnover; and import/export licence gaps for the specific HS codes the buyer intends to contract for. Each is straightforward to identify once you know where to look.