Will I be able to hold 100 percent ownership of a foreign-owned company?

Most probably yes. The Vietnamese law enables foreigners to open foreign-owned companies in most business sectors except for six business fields mentioned in the Negative List, namely:

• Drugs and narcotics.
• Hazardous chemicals and minerals.
• Range of specimens of endangered flora and fauna.
• Prostitution.
• Human trafficking, sale of human body parts and tissue.
• Human cloning or asexual reproduction.

Read more:

• Vietnam company formation
• Open bank account in Vietnam