Limited Offer:Up to 20% off Business Setup and Business Process Outsourcing services. Learn more.
Overview Experts say that Vietnam is on track to become Southeast Asia’s investment hotspot. Its central location in Southeast Asia, rapid industrialization and urbanization, stable development rate, continuous innovation, socio-economic objectives, and increased economic integration are all major catalysts. With ambitious goals to attract half of the Fortune 500 by 2030, Vietnam might become one … Continued
Vietnam’s tourism and hospitality sector has a magnetic appeal for international investors. This is because of its deep-rooted cultural heritage, abundant historical treasures, diverse landscapes and captivating coastlines. In this article, we will explore the various considerations that must be taken into account, in order to start a hotel in Vietnam. 2023 – Tourism Growth … Continued
Drawing on deep-rooted culture, rich history, evolving cities, diversified geography, and beautiful beaches along the 3.000 kilometers of coastline, Vietnam’s tourism and hospitality sector have long attracted potential international investors. For many investors in Vietnam, the ideal way to start doing business is to set up a company since not much capital is needed and … Continued
Vietnam has made rapid development and the country’s economic performance is expected to overtake many Southeast Asian countries, including Thailand and Singapore. In fact, since the early 1990s, thanks to the strong inflow of foreign investments, Vietnam has seen GDP growth averaging over 6.3% each year, with 2022 recording the second most impressive growth at … Continued
From technically specialized manufacturing to innovative software development, Vietnam has everything to offer to international entrepreneurs. With over 137,000 businesses registered and over 56,000 businesses re-opened between January and November 2022 (a 30-40% increase over 2021), the country’s prospects are evidently promising. Here are seven reasons to start a business in Vietnam. 1. A Tech … Continued
The Vietnamese Ministry of Finance issued Circular No. 43/2019/TT-BTC which came into effect on August 26, 2019, with provisions to incentivize investments in the country’s economic or industrial zones. According to the recent circular, various tax incentives are provisioned to enhance standards of living and quality of life in the industrial zones.
The World Economic Forum estimates that Southeast Asia will have 140 million new consumers from 2020 to 2030 according to the World Economic Forum. In this region, about 1 in 6 households will be a potential consumer by then. The Association of Southeast Asian Nations (ASEAN) is helping SEA economies to become more integrated and … Continued
The State Bank of Vietnam released Circular 06/2019/TT-NHNN on June 26, 2019 in response to concerns regarding Circular 19/2014/TT-NHNN. In the circular, a clear definition of Foreign Invested Enterprises (FIE) is given along with the requirements for the opening of a Direct Investment Capital Account (DICA) while conducting international transactions. It is imperative that foreign … Continued
Quang Nam Province, an exciting investment destination in Vietnam, is located in Central Vietnam, bordering Laos, Quang Ngai, and Da Nang. As a vital spot for international trade and a population nearing 2 million people, Quang Nam Province has seen an increasing socio-economic development over the years. This province has also been considered one of … Continued
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 … Continued
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 … Continued
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. … Continued
We use cookies to improve and customize your browsing experience. You are deemed to have consented to our cookies policy if you continue browsing our site.
How can we help you?