China +1 Strategy in Vietnam: An Overview for Chinese Investors

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

Top 10 Challenges of Doing Business in Vietnam: Notes and Advice for Foreign Investors

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

Vietnam Investment Law: Quality Investors Need to Know

Vietnam investment law has been multiplying in the past few years. Thanks to its fast and efficient response to the coronavirus pandemic, Vietnam has a speedy economic recovery compared to other countries in Asia. Data from GSO indicated that in the first 6 months of 2023, the gross domestic product (GDP) experienced a growth rate … Continued

FDI in Vietnam’s September 2023: Economic Expansion Highlights

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

Renewable Energy in Vietnam: Tax Incentives and Investment Opportunities

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

Exploring Vietnam as a Prime Destination for Luxury Clothing Brands: A Haven for Foreign Investors

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

Singapore’s MRA Grant for SMEs: Case Studies from Milieu and Cargosavvy

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

Vietnam’s August 2023: An Overlook of Surging Top Industries’ FDI

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

Vietnam’s ICT Industry: A Dynamic Market for Foreign Investment

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

Top Industries for Chinese Investors to Start a Business in Vietnam

Vietnam has emerged as a prime destination for Chinese investors seeking profitable ventures within Southeast Asia. Vietnam’s business opportunities make it an appealing destination for foreign investment. In particular, Chinese investors collaborating across industries strengthen bilateral ties, the post-US-China Trade War, positively impacting both nations’ economies. Therefore, this article explores sectors attracting Chinese investors in … Continued

Your Guide to Starting an Agricultural Business in Vietnam

When talking about starting a business in Vietnam, Agriculture is said to be one of the most dynamic sectors due to the country’s vast lands and sustainable agricultural activities. The development is evidenced by the increasing business setups by foreign nationals. The proliferating investment opportunities are undeniable as Vietnam has experienced the highest growth rate … Continued