What are the procedures for opening a hotel or travel agency in Vietnam?

You need a joint venture with the Vietnamese. You have $20,000 in the bank of Vietnam and a company address. You can apply for a form in the Investment Development Department, get a bank letter of credit, and rent a contract at the company address.

But the travel agency can take a long time to set up and there are still many red envelopes to give. It is suggested to set up a translation company to travel in the name of translation inspection, which saves many steps.