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Vietnamese banks are increasingly appealing to foreign investors, especially since they started looking to raise their registered capital for requirements on Capital Adequacy Ratio (CAR) under Basel II standards, an accord issued by the Basel Committee on Banking Supervision. This article deals with the aspects of increasing attraction for foreign investment in the Vietnamese banking …
Vietnam’s burgeoning FinTech industry has huge opportunities for domains like digital payments, peer-to-peer lending, digital banking, and blockchain technology. Moreover, a cooperative government and progressive demography make the country’s FinTech industry an ideal destination for investment. In this article, we talk about the facets of the rising foreign investment in the FinTech industry in Vietnam. …
Vietnam showed significant economic growth as its GDP grew by 6.61% in the second quarter of 2021 and is expected to grow to 6.7% by the end of the year. Despite the challenges faced by the economic slowdown due to the covid-19 pandemic, Vietnam shows a promising prospect for economic growth and investments. This article …
Due to increased foreign investments, a favorable regulatory environment, and improved internet connectivity, Vietnam’s E-Commerce Industry is rising rapidly in 2021 with no signs of slowing down. By 2025, online sales are expected to account for roughly a tenth of all goods and services sales in the country. This article discusses how Vietnam’s thriving digital …
The roadmap for Vietnam’s electricity growth provides a clear indication of the country’s commitment to renewable energy in the decades ahead, as the country marks a swift shift from the coal plant-dominated electrical mix. This article discusses the aspects of the Renewable Energy Industry in Vietnam, as well as investment potential in the sector. Interested …
Vietnam lets foreign investors form joint ventures with both foreign and domestic companies. To comply with foreign ownership rules, international investors frequently form joint ventures with local enterprises. In this article, we’ll go over how to form a joint venture in Vietnam with a local entity. Read More About: 1) Cekindo’s Business Registration Services in …
While Vietnam puts up appealing investment prospects, the process of startup registration in Vietnam could get complicated and overly official. Earlier in Vietnam’s developmental cycle, it used to take about two to three months to register a startup, however, that’s the thing of the past as regular improvements are being made to lessen the processing …
E-commerce has recently become one of the fastest-growing sectors globally, with total online sales up to US$4.8 trillion in 2020. As the online phenomenon sweeps across Vietnam, small online businesses have gained the opportunity to expand their market digitally. According to a report by the Vietnam e-Commerce and Digital Economy Agency (iDEA), the e-commerce market …
Thousands of foreigners from all over the world visit Vietnam for a vacation or a long-term career. While Vietnam is a wonderful location to visit and enjoy, if one does not adhere to Vietnam’s visa and immigration requirements, they risk being placed on the Vietnam Immigration Blacklist, which might jeopardize their whole trip. Read More …
Vietnam presents a positive outlook on the Stock Market front, making investing a lucrative opportunity for foreign investors. …
Foreign investors investing in Vietnam face great challenges while transferring money to Vietnam, specifically their client’s bank account in Vietnam. The challenges could ring from corporate taxes to a hefty stretch of processes that can take too much time. However, having a tax outsourcing company at your service end to handle the processes for you …
When the world grapples with the consequences of the covid-19 pandemic, Vietnam sees its own share of rising cases. To keep the transmission in control, the government is taking stringent actions, ensuring the safe-keeping of the citizens as well as the foreign entities entering the country to start a business. Read More about Cekindo’s Investor …