NEW DELHI- Vietnam has officially launched its Golden Visa program in May 2025, introducing a comprehensive 10-year residency scheme designed to attract foreign investors, skilled professionals, and long-term tourists.
The Southeast Asian nation has strategically positioned this initiative to appeal to emerging economies, with Indian nationals representing a primary target demographic for the program.
Vietnam PM Pham Minh Chinh & Indian PM Modi; Photo- MEAphotogallery | FlickrVietnam Golden Visa Program
The Vietnamese authorities have structured the Golden Visa program around 3 distinct categories to accommodate different applicant profiles.
The Investor Visa caters specifically to entrepreneurs and business owners seeking to establish operations in Vietnam’s growing economy. The Talent Visa targets skilled professionals who can contribute to the country’s development across various sectors.
The third category, designated as the Golden Visa for long-term tourists and retirees, addresses individuals seeking extended residency for lifestyle purposes.
Vietnamese officials have identified key sectors where Indian investors can establish ventures under the new visa program.
Information technology (IT) represents a primary focus area, capitalising on India’s strong technological expertise and Vietnam’s growing digital economy.
The textile industry offers another significant opportunity, building on established trade relationships between the two nations. Renewable energy projects have emerged as a priority sector, aligning with Vietnam’s sustainability goals and India’s experience in clean energy development.
Vietnam Visa; Photo- VisaDoneBenefits for Indian Applicants
The program delivers substantial advantages for Indian nationals seeking Southeast Asian residency.
Visa holders receive renewable validity periods ranging from 5-10 years, eliminating the need for frequent renewal processes that characterise traditional tourist visas.
Families benefit from dependent visa provisions, allowing spouses and children to accompany primary applicants throughout their residency period.
Vietnamese authorities have designed the application process to operate entirely through digital channels, eliminating traditional embassy visits and paper-based submissions.
Applicants can complete the entire process remotely, streamlining access for Indian nationals regardless of their location within India.
Photo- Vietnam Embassy in IndiaDocumentation and Eligibility
The application process requires specific documentation to establish eligibility and qualification. Applicants must provide a valid passport with sufficient remaining validity.
Financial proof demonstrates the applicant’s ability to support themselves and their dependents throughout their residency period. Professional credentials or detailed investment plans substantiate the applicant’s contribution to Vietnam’s economic development.
Health insurance coverage represents a mandatory requirement, ensuring access to medical services during residency. Background checks verify the applicant’s criminal history and establish their suitability for long-term residency.
Ho Chi Minh City, Vietnam; Photo- WikipediaGeographic Implementation
The rollout strategy focuses on key urban centres that offer established infrastructure and international communities. Ho Chi Minh City serves as the primary commercial hub, providing extensive business opportunities and modern amenities.
Hanoi represents the political and administrative centre, offering access to government services and diplomatic communities.
Da Nang has emerged as a growing technology and tourism centre, attracting international residents seeking coastal living with urban conveniences. Phu Quoc offers unique opportunities for tourism-related investments and lifestyle-focused residency options.
Hanoi Train Street, Vietnam; Photo- Takeshi Aida | Wikimedia CommonsEconomic Impact
The Golden Visa program positions Vietnam competitively within Southeast Asia’s residency market, challenging established programs in neighbouring countries.
Vietnamese authorities anticipate significant foreign investment inflows as the program gains momentum, particularly from Indian entrepreneurs seeking regional expansion opportunities.
The initiative supports Vietnam’s broader economic development strategy, targeting skilled migration to address labour market needs while attracting capital investment across priority sectors. Indian applicants bring technological expertise, business experience, and cultural familiarity that align with Vietnam’s development objectives.
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The post Vietnam Golden Visa Opens 10 Year-Long Residency Path for Indians appeared first on Aviation A2Z.
