Investment process

Before being granted an investment license by a competent authority, foreign investors can transfer money from overseas or from offshore account in foreign currency/VND opened in Vietnamese bank to pay legal expenses during the period of investment preparation in Vietnam (*)
(*) After being granted an investment license, the transferred amount can be used to:
– Converted into contributed capital
– Converted into offshore loan
– Transfer back to foreign investors

Offshore account: refer here

– Account opening documents: refer here

– Money transfer documents:

• Payment Order/Withdrawal and Domestic transfer Application
• Documents proving the purpose of money transfer: contract/invoice,…

After the FDI has completed legal documents, investors can transfer money to contribute investment capital

– Capital contribution time: 90 days from the issuance date of the Enterprise Registration Certificate
– Account type: Direct Investment Capital Account (DICA) – refer here
– Capital contribution amount: in accordance with legal documents and relevant regulations on capital contribution

– DICA account opening documents: refer here

– Documents before crediting money into DICA account: as the table below (1)

(1) Money transfer documents:

Woori Bank Vietnam provides FDI enterprises with a comprehensive solution of products and services to meet all financial needs in business activities in Vietnam

1. Credit products:

• Loan products: refer here
• Guarantee products: refer here

2. Deposit products: refer here

3. Import/Export and Overseas remittance services:

• Import services: refer here
• Export services: refer here
• Overseas remittance services: refer here

4. FX & Derivative products:

• FX Trading products: refer here
• Derivative products: refer here

1. Transfer abroad legal profits and income from investment activities
2. Receive/Transfer money to increase/decrease capital contribution
3. Payment for capital transfer

Please contact the Branches or hotline number 1800-6003

After finishing investment in Vietnam, FDI enterprises can transfer capital/profit back to the mother company

1. Subject: enterprise has decision to dissolve/terminate/end project/investment activity
2. Used account: Direct investment capital account (DICA)

1. Application for money transfer cum foreign currency purchase contract
2. Documents proving the purpose of money transfer: contact branch staff or hotline number 1800-6003