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In recent decades, China has been considered the manufacturing hub of the world, attracting countless businesses seeking cost-effective production and access to a vast consumer market. China accounted for a significant portion of global manufacturing output, producing around 28.7% of the world’s total manufacturing value-added in 2019. The China +1 strategy boosts manufacturing resilience and … Continued
When you decide to engage in the Vietnamese market as a foreigner, you must first research the viability of the industry you are interested in. Start by checking whether the business field is allowed by Vietnamese law or is subject to limitations, such as Vietnamese business regulations affecting international investors. Because Vietnam is still a … Continued
Vietnam, an Asian high-growth market, offers promising business opportunities as well as challenges for Chinese businesses, as compared to China itself. Emerging as a highly attractive investment destination, it continues to capture the attention of companies seeking international expansion. Stability in the country’s politics, favorable economic policies, and supportive administrative interventions contribute to its allure … Continued
In this article, we’ll discuss the multifarious aspects of outsourcing HR processes in Ho Chi Minh City, Vietnam’s economic hub.
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 opportunities act as a catalyst for company incorporation of foreign investors in the country. This small Southeast Asian country is one of the few that … Continued
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
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
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
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
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
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
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
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