FDI in Vietnam’s September 2023: Economic Expansion Highlights

In Vietnam’s dynamic economy, September 2023 marked a period of remarkable growth and development. The economic expansion is highlighted by pivotal events and investments that shaped this economic landscape, including infrastructure projects, foreign investments, renewable energy initiatives, and technological advancements, highlighting ongoing progress on the global economic stage with FDI in Vietnam. Investing in Vietnam? … Continued

Why Vietnam is Becoming One of 2023’s Investment Hotspots

By 2030, Vietnam is expected to achieve significant economic milestones within Southeast Asia, as predicted by the World Bank. In order to promote lower tariffs and reduce trade barriers, it has already signed a number of free trade agreements (FTAs). Moreover, the rise of the fintech industry and the booming e-commerce sector ensures that the … Continued

Vietnam’s Industrial Zones: A Key Player in Global Manufacturing

For global manufacturing firms looking for diversity and to strengthen the resilience of their supply chains, Vietnam has emerged as a prominent target. Vietnam presents an exceptional opportunity for foreign investors due to its stable political system, dedication to sustainable growth, low inflation, high FDI inflows, young and technologically advanced population, and dynamic industrial sector. … Continued

Doing Business in Vietnam as a Foreign Investor: What, Where, Why, How?

The Vietnamese economy has burgeoned into one of the world’s strongest economies thanks to its stable political and influential macroeconomic environment. Since the late 1980s, its Doi Moi reform policy has employed a range of measures to foster its attractiveness to foreign investment and develop a resilient economy. Hence, doing business in Vietnam is a … Continued

How to Start a Trading Company in Vietnam

Foreign investors understand that Vietnam offers fascinating business and investment opportunities. Owing to the government’s substantial support and trade agreements, as well as the increasing middle-income groups and changing consumer lifestyles, Vietnam’s trading industry has become an interesting market for international investors. An increasing number of foreigners are entering Vietnam to invest in trading companies … Continued

Renewable Energy in Vietnam: Tax Incentives and Investment Opportunities

Rising climate concerns heighten the need for eco-friendly solutions. In this context, Vietnam has emerged as a promising player in the realm of renewable energy. The country’s resources and eco-commitment attract domestic and global investors in renewable energy. Investing in Renewable Energy in Vietnam? Check out InCorp’s Business Set-Up Services Government Commitment to Renewable Energy … Continued

Exploring Vietnam as a Prime Destination for Luxury Clothing Brands: A Haven for Foreign Investors

The luxury clothing industry in Vietnam presents a promising landscape for foreign investors seeking new opportunities. Vietnam’s fashion industry, evolving consumer preferences, and growing middle class make it a top luxury clothing destination. This article aims to highlight the advantages and opportunities Vietnam offers to foreign investors in the luxury clothing industry. The booming luxury … Continued

Singapore’s MRA Grant for SMEs: Case Studies from Milieu and Cargosavvy

Empowering Small Businesses to Conquer New Frontiers In today’s globally interconnected landscape, small and medium-sized enterprises (SMEs) are vital drivers of economic growth and innovation. Recognizing their importance in Singapore’s business ecosystem, the Market Readiness Assistance (MRA) grant has become a crucial tool for empowering SMEs to expand into international markets. The maximum support package, … Continued

Singapore’s MRA Grant – Market Expansion into Vietnam

What is Singapore’s MRA Grant? The Singaporean government first announced the Market Readiness Assistance (MRA) grant in 2013. This government grant is designed to introduce opportunities to Singapore’s SMEs (Small and Medium Enterprises) and help them establish operations in new markets worldwide. Specifically, the grant offers a capital incentive in the form of reimbursements, giving … Continued

The Developing IT Industry in Vietnam: Update 2023

Vietnam has striven incessantly with the goal of cementing its IT industry by wooing more investments in the sector. The dream of complete digitalization in Vietnam over the next decade is perpetuated by the Vietnamese government’s improvement in its regulations and policies to better accommodate foreign investments in the IT sector. In this article, we … Continued

Vietnam’s August 2023: An Overlook of Surging Top Industries’ FDI

In August 2023, Vietnam witnesses a surge in FDI across pivotal sectors, enhancing economic growth. Manufacturing, healthcare, and high-tech industries emerge as focal points, attracting substantial Vietnam’s FDI. This positive trend underscores Vietnam’s dynamic economic landscape. Investing in Vietnam? Check out InCorp’s Incorporation Services High-Tech Projects Drive Momentum Amid  Due to significant investment projects in … Continued

Vietnam’s ICT Industry: A Dynamic Market for Foreign Investment

Information Communication Technology (ICT) is one of the most important industries for foreign investors to consider doing business in Vietnam. The government recognizes Vietnam’s ICT industry as a pivotal sector with the potential to drive both economic and societal progress. It encourages government agencies at all tiers to adopt advanced ICT solutions to enhance efficiency … Continued