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Resource Center

How to Find Vietnamese Private Company Data

Summary

Vietnam’s private sector lacks transparent data, posing obstacles for investors, analysts, and consultants needing reliable local company insights.

Vietnam’s Growth Creates Urgency for Better Data Access

|  Fast-growing but opaque—Vietnam poses a data challenge

Vietnam’s surging economy has become a magnet for global investors, M&A dealmakers, and consulting firms. With robust GDP growth, expanding industrial zones, and increasing integration into regional supply chains, the country is an attractive destination for business. Yet for all its promise, one obstacle remains persistent—access to reliable data on private companies.

Unlike public markets, private businesses in Vietnam are not obligated to disclose detailed financials, ownership, or performance metrics. This creates a major hurdle for professionals looking to conduct due diligence, assess investment risks, or support transfer pricing compliance. Whether screening targets, mapping local value chains, or validating benchmarking assumptions, credible company-level insights are essential but difficult to obtain. In short, Vietnam is rich in opportunity but poor in accessible private-sector data.

Public Resources Exist—but With Practical Constraints

|  Vietnam’s national portal provides limited visibility

Vietnam’s National Business Registration Portal (NBRP) is the country’s main official platform for company information. It offers basic data such as business name, registration number, address, and legal representatives—accessible without account creation. However, users seeking deeper insights will quickly hit a wall. Financial statements, ownership structure, or business performance metrics are either unavailable or locked behind paywalls with limited transparency.

| Language barriers and usability reduce research efficiency

The NBRP’s interface is available only in Vietnamese, making search and navigation difficult for foreign professionals. Even when data is retrieved, it often appears in scanned PDF formats that are hard to extract, translate, or verify. For global firms with lean research teams or tight deadlines, these inefficiencies slow decision-making and increase the risk of relying on incomplete information.

|  Local experts confirm these challenges in practice

Firms like Abeam Vietnam (a strategy and operations-focused management consultancy) have echoed these difficulties, citing information gathering was time-consuming, often taking weeks. With increasing scrutiny from Vietnamese tax authorities under Decree 132, the need for precise local benchmarks and compliant documentation has never been greater. The gap between regulatory demands and public data availability is widening, leaving professionals scrambling for better solutions.

Specialised Platforms Streamline Vietnam Research

|  Databases unlock efficiency and compliance confidence

Professionals increasingly turn to private data platforms to close the gap. These platforms offer digitised, structured, and multilingual access to private company information, streamlining workflows across M&A research, market entry planning, and tax benchmarking. For transfer pricing professionals in particular, platforms reduce the burden of sourcing and validating third-party comparables—critical in a landscape where Vietnamese tax authorities apply minimum profitability thresholds and “secret comparables” during audits.

Beyond accuracy, these tools integrate regional and local insights, allowing for benchmarking that aligns with Vietnam’s economic context—an essential feature given the country’s cost structures and pricing dynamics differ from neighbouring ASEAN peers.

|  Speeda delivers local depth and ASEAN-wide breadth

Speeda is one such platform that offers over 11 million public and private company data points across ASEAN. For Vietnam, it consolidates key business information, including shareholder details, industry trends, and financial benchmarks. Professionals can access in-house written industry reports, local market overviews, and historical M&A transactions—all in English and downloadable in Excel format.

Crucially, Speeda also supports on-demand consulting and expert interviews, helping users validate hypotheses or understand complex regulatory requirements—especially useful in navigating Vietnam’s nuanced compliance expectations. By centralising fragmented data sources and combining them with expert insight, Speeda significantly reduces research time while enhancing strategic clarity.

Try Speeda’s free trial or book a consultation to see how our platform simplifies research and strengthens compliance in one of Asia’s fastest-growing markets.

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