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For foreigners traveling to an unfamiliar country like Vietnam, you must learn to adapt to the local laws and regulations, especially the immigration laws pertaining to visas and stay permits. All types of Vietnam visa, including business visa, tourist visa and work permit have their own validity and the validity may differ based on the …
Vietnam’s dynamic environment for businesses has made it an ideal location for foreigners to start businesses and engage in company registration in Vietnam. This has been reflected in the existing and returning young Vietnamese people overseas but also the influx of expatriates from all over the world. Furthermore, thanks to the government’s wide-ranging support and …
Vietnam’s economy is encountering rapid development over the years. Economic growth, demographic transformation, habit changes, and increased income have propelled the healthcare demand throughout the entire country. According to a market research conducted by the World Bank, it was forecast earlier that the healthcare sector in Vietnam would triple in just a decade between the …
Vietnam carries numerous traits of a tempting investment haven with its strong organic growth, surging middle population, and attractive labour costs. It is even more apparent that there will be a tremendous trade expansion after the signing of the EU Free Trade Agreement and the Trans Pacific Partnership – ready to fuel Vietnam’s economic growth …
One sure thing about Vietnam is that it is a very young country going through a golden population period with most of its people under 30 years of age. Vietnam is also a fast growing ecommerce market, one of the world’s fastest growing e-commerce countries with approximately 50 million Internet users, and a forecast turnover …
With a population of over 96 million (as recorded in 2017), Vietnam is undoubtedly a tempting market for foreigners to expand their business or to invest. Vietnamese consumers are very interested in foreign or imported goods because the Vietnamese believe that the commodities imported from other countries are more desirable due to their higher quality …
The food and beverage sector in Vietnam is one of the most important and profitable markets in Vietnam, with high revenue driven by both local and foreigners. This sector also accounts for the significant growth of the country’s GDP (Gross Domestic Product). According to BMI’s Vietnam Food and Drink report, it is forecast that from …
In July 2018, Vietnam and the European Union agreed on and finished the legal review of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (IPA). The EVFTA will be translated into 22 official EU languages and the commission will send the translated versions to the Council and the European Parliament for …
We are now entering tax filing season for 2018. If you are still confused and wonder how to go about this time-consuming task, you are not alone. Hundreds of thousands of individuals and companies feel the same as you do, and annual tax return in Vietnam becomes a nightmare of many entrepreneurs. According to the …
For a successful start in Vietnam, you will need to hire a local team. When it comes to recruitment in Vietnam, it is possible to hire local people as well as bringing foreign talents. We will cover both in this article. Recruitment in Vietnam: Hiring local talent As there are 1.5 million young adults entering …