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If you are an entrepreneur or a small business owner in Vietnam, you know all too well that overhead costs can sometimes be a huge burden to your business. Overhead costs of business are expenses come from the daily operations of running a business. Reducing overhead costs in critical, especially for startups, when you are …
Business travelers are constantly on the move. Jumping from destination to destination makes it difficult to just ‘stay in the office.’ With a virtual office in place, you can indulge in both business and travel at the times that best fit you. Especially in a country like Vietnam, there are many reasons to commute across …
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 …
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 …
In July 2018, President Donald Trump of the United States claimed China’s unfair trade practices and started imposing shocking tariffs on China imports. So far, tariffs incur on Chinese products have reached a whopping US$250 billion. To retaliate, China has also set about US$10 billion on US goods as well. Many trade experts stated that …
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 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 …
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 …
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 …
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, …