To meet the growing needs of modern businesses, foreign investors are inclined to form a joint-stock company (JSC) due to its flexible structure, stability, and limited liability of the shareholders. A joint-stock company is a legal entity formed by three or more founding shareholders. Individuals or organizations can be shareholders in the entity, and they each own shares that are split into equal units to form the company’s charter capital.
Vietnam’s middle class is pivoting toward a contemporary consumer-driven lifestyle, providing an opportunity for foreign investors to enter Vietnam’s evolving market.
Fintech, or financial technology, has revolutionized financial services and is acting as a catalyst in fostering economic growth in a quickly digitizing Vietnam. The country’s share of regional fintech investment increased from 0.4% in 2018 to 36% in 2019, putting it second only to Singapore (51%). The government is also promoting fintech in order to … Continued
The construction sector in Vietnam is one of the most lucrative sectors in the Asia-Pacific (APAC) region. Despite the impacts of COVID-19, it grew rapidly in 2020. In Q3 2020, the General Statistics Office (GSO) of Vietnam reported a 5.7% year-on-year growth in the construction sector. As a consequence, the cumulative growth rate for the … Continued
Vietnam has turned into a utopia for foreign investors, thanks to the government’s extensive assistance and trade agreements, the growing middle-income groups, and evolving consumer attitudes. The country’s promising economic conditions acts as a catalyst for foreigners to form and register businesses in the country. Moreover, an increase in the number of returning young Vietnamese individuals living … Continued
So you want to expand your business to Vietnam, one of the worlds most dynamic young economies, with a branch office? Here is your guide
From industries ranging from transport and AI to fintech, Vietnam has witnessed a huge wave of new startups that have been established in recent years. As a result, it has attracted a large number of venture capitalists in the country and created a highly favorable ecosystem for startups. This has further perpetually boosted the economy … Continued
An in-depth analysis of or the Vietnamese Economy comparing 2020 and 2021 growth rates considering the implications of the global pandemic.
Vietnam generated 16.5 GW of solar power and 11.8 GW of wind power in January 2021. With plans to double this output by 2030
As Vietnam welcomes more micro-breweries, the country’s craft beer scene is booming. In the past two years, Vietnam has welcomed more than a dozen such breweries as the demand for craft beer has risen in the country. Furthermore Vietnam’s craft brewers are bringing in more international awards than their other Asian Counterparts. This shows a … Continued
Despite the challenges faced due to the COVID-19 and climate change, Vietnam’s economy still maintained significant growth. And the agriculture sector had a pivotal role in the growth of the country’s economy. In this article, we talk about how the striking recovery of the agriculture sector in Vietnam poses a promising business prospect for foreign … Continued
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. … Continued