Blog: doing business in vietnam

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The ASEAN-Hong Kong, China Free Trade Agreement (FTA) and Its Effect on Vietnam

The ASEAN-Hong Kong, China Free Trade Agreement (FTA), with its acronym AHKFTA, is expected to promote the trade between Hong Kong and other ASEAN member states substantially. The AHKFTA became effective on June 11, 2019 for Vietnam, Thailand, Laos, Singapore and Myanmar. The rest of the member states will confirm the enactment by the end …

What are the Benefits of Establishing A Science and Technology Firm in Vietnam?

Doing business in Vietnam in the science and technology sector has never been more appealing. Effective from March 20, 2019, the Vietnamese government has enforced Decree 13/2019 with regard to preferential treatment for science and technology companies in credit incentives, corporate tax cuts and exemptions, and reduction or exemption in water and land surface lease …

What are the Key Considerations for Investors when Entering Vietnam?

The Vietnamese economy is thriving and regarded as the fastest growing economy in Southeast Asia, alluring many foreign investors to invest in Vietnam. The ongoing Foreign Direct Investment (FDI) over the years has been the major driver of this burgeoning growth. Furthermore, the middle class in Vietnam has been expanding, making Vietnam a flourishing consumer …

Doing Business in Vietnam: Recruitment Challenges

Doing business in Vietnam has its own challenges, including recruitment challenges. Recruiting in Vietnam today is so much different than it was just a few years ago. The rapid development of the country’s economy and the exponential advancement of information technology have created many challenges in recruitment for my businesses. The competition for talent is …

Traditional Office vs. Virtual Office in Ho Chi Minh City: Which One is Better?

It is undeniable that Vietnam is now one of the shining emerging markets in Asia. The market growth is particularly significant in this alluring city: Ho Chi Minh City. With the country’s more than 6% growth every year, Ho Chi Minh City presents itself as a profitable investment base for many foreign investors with businesses …

Virtual Office in Ho Chi Minh City: 5 Reasons to Use One

No matter what business you are in, there are certainly many advantages that a virtual office can offer, especially when you are doing business in a dynamic city like Ho Chi Minh City in Vietnam. Today, work is no longer constrained by places and locations. It is more about what you do because technology allows …

It is Not just about Efficiency: Benefits of Recruitment Outsourcing in Vietnam

The expectations of employees and employers have changed over the years due to the complexity and growth of the talent market. Therefore, HR managers today are under a lot of pressure to obtain top talent while fulfilling the employer’s requirements. Not to mention, they will also need support from the company in terms of resources, …

Doing Business in Vietnam: What are the Challenges?

There are reasons why doing business in Vietnam becomes appealing to foreign entrepreneurs and investors. Vietnam is one of the key emerging economies in Asia these days, thanks to the economic reform and growing affluence. In the medium and long term, it’s forecast that the country’s economy will continue to grow more than 6% every …

Representative Office in Vietnam: Questions and Answers on Its Establishment

The representative office is one of the most popular foreign investment vehicles in Vietnam. It is a legal entity that investors utilise when they want to make a presence in the Vietnamese market. They analyse the market trends in Vietnam through a representative office before setting up a limited liability company. You will find all …