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Traveling to Vietnam is no longer just sightseeing, shopping and relaxing. Vietnam is now a fast-growing country with a burgeoning economy – a factor that is so inviting for many foreign investors to either start a business or inject their investment in this amazing country. The government of Vietnam has always believed in an open …
Since Vietnam opened up to the globalized world in the 1990s it has quickly become an investment hotspot, with low wages, a young and skilled workforce and business friendly policies. However its natural beauty, friendly people and outstanding cuisine is world-class and and makes for a booming tourism industry. In fact in 2019 alone, according …
Vietnam has made rapid development and the country’s economy is expected to overtake many Southeast Asian countries in the years to come. When it comes to investing in Vietnam, from early 90s up until now, Vietnam has brought in strong inflow of foreign investments, with average GDP surpassing 7% each year. Read More about Cekindo’s …
Vietnam has been attracting enthusiastic foreign investors from all over the world, especially those from Korea, Japan, Singapore, Thailand, and other ASEAN countries. Investments in equitized state-owned enterprises (SOEs) have also been favored by these investors who look to invest in Vietnam over the years Therefore, in an effort to accelerate Vietnam’s equitisation and divestment …
The Ministry of Finance recently issued the Circular No. 43/2019/TT-BTC that came into force on August 26, 2019, with regard to the incentives for investments in economic or industrial zones of Vietnam. It is stated in Circular 43/2019 that firms can enjoy tax incentives for investments in industrial or economic zones in order to improve …
Many are familiar with Vietnam, thanks to its surging economy and country development over the last decade. Thus it has attracted the attention of investors from all over the world who are looking to diversify their businesses and investments. Now, Vietnam is a growing medium-income country and one of the most alluring investment destinations with …
On September 6, 2019, Circular 6 regarding foreign exchange regulations in foreign investments was made effective by the government of Vietnam. Under this new law, both the foreign investor’s direct (FDI) and indirect investment transactions in Vietnam are permitted only when the investor opens an investment capital account with a registered bank that is allowed …
Vietnam’s economy is one of the fastest-growing in Southeast Asia attracting numerous international investments. The country’s middle class is on an ever-expanding trajectory, consequently making Vietnam a thriving consumer goods market. Furthermore, the FDIs have been a major driving force behind this emerging expansion over the last 10 years. Although the Vietnamese market presents lucrative business …
Investment in Vietnam: Questions and Answers As one of the fastest-growing economies in the world and the third largest market in Southeast Asia, Vietnam had a foreign direct investment of US$17.5 billion in 2017 alone. The growth momentum of FDI continues until the present day, making the country a hotspot for foreign entrepreneurs and investors. …
Vietnam has recently started to attract the attention of investors from all over the world – thanks to its location in the heart of Southeast Asia, ever-evolving urbanisation, stable growth rate, continual innovation, socio-economic ambitions and greater economic integration. With the mission to become a developed nation in 2021, Vietnam has also become one of …