CEO, Duong Business Consulting
Similar to all other ASEAN countries trade and commerce is booming in Vietnam, making it a lucrative market for many foreign entrepreneurs. Despite the COVID-19 pandemic uncertainties, Vietnam’s economy had an estimated 6.5% GDP growth last year. Although this is a significant decline from the 8% growth in 2022, it still shows optimism in the…
In April 2024, Singapore and Vietnam celebrated 51 years of diplomatic relations, marking a strengthened partnership. With air travel taking just 1.5 hours and six new diplomatic agreements, foreign investors benefit from robust bilateral ties. Vietnam has become the preferred destination for Singaporean firms expanding overseas. Strong diplomatic ties, strategic location, burgeoning economy, and favorable…
In the modern interconnected global economy, small and medium-sized enterprises (SMEs) are pivotal in driving economic growth and fostering innovation. Recognizing their significance within Singapore’s business landscape, the Market Readiness Assistance (MRA) grant has emerged as an invaluable resource for SMEs seeking international expansion. Initially, the grant offered financial support covering up to 70% of…
Vietnam’s economic growth has surged in recent years, drawing the attention of foreign investors eager to establish a foothold in this dynamic Southeast Asian market. The allure of tapping into Vietnam’s expanding economy is compelling, offering exciting prospects for those looking to set up wholly-owned foreign companies. However, navigating the registration process can be intricate…
In 2021, Vietnam’s cosmetic industry reached an impressive milestone, with an estimated value of US$2,011 million, reflecting significant growth. This expansion has been fueled by the country’s strategic initiatives to lower import taxes on cosmetics to between 0-5%, facilitated through various free trade agreements. The flourishing sector offers substantial opportunities for foreign investors, particularly in…
In the dynamic legal landscape of Vietnam, legal services play a crucial role in the business environment, especially for startups and SMEs. The legal services market in Vietnam is projected to grow at a compound annual growth rate (CAGR) of 4.20% from 2024 to 2032, driven by the increasing need for regulatory compliance and risk…
OFFLINE | August 15, 2024
WEBINAR | August 1, 2024
WEBINAR | June 13, 2024
Chief Operating Officer
COO, Premier Dental
General Partner, AVV
Team Lead of International Banking, HSBC Vietnam
