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Vietnam’s January 2025: Strategic Moves in Agritech and Binh Duong’s Expanding Foreign Investment Funds
Vietnam’s January 2025 marks a tremendous turning point in the nation’s development, driven by wise strategic advancements in Agritech and a pervasive surge in foreign investments. Agritech startups are at the forefront of innovation, grappling with challenges yet thriving by leveraging cutting-edge technologies like AI and IoT to revolutionize agricultural practices and bolster high-value exports….
Using a Nominee Shareholder in Vietnam: Advice and Alternatives for Effective Investment
Starting a business in Vietnam as a foreigner often involves navigating regulatory restrictions. A nominee shareholder arrangement offers a practical solution, enabling a local nominee (registered owner) to hold company assets and manage operations on behalf of the foreign investor (beneficial owner) while ensuring compliance with local laws. This arrangement allows foreign investors to access…
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The Footwear Market in Vietnam: Trends and Opportunities for Foreign Investors
Vietnam’s footwear market is experiencing steady growth, driven by an expanding customer base and evolving consumer preferences. The market is characterized by intense competition among both local and international brands, creating a vibrant landscape where innovation and quality are paramount. Urbanization and the growth of the middle class in Vietnam are creating new opportunities for…
New 2024 Law on Credit Institutions: What Foreign Investors Need to Know
The 2024 Law on Credit Institutions is a significant overhaul of Vietnam’s banking regulations, effective July 1, 2024. It introduces new standards to enhance financial stability, enforce transparency, and foster innovation within the banking sector. This article dives into the major changes and what they mean for credit institutions operating in Vietnam. Investing in the…
An All-Inclusive Guide to Setting Up a Subsidiary Company in Vietnam
Wondering what a subsidiary company is? It’s a separate legal entity owned by a parent company, providing benefits like liability protection and market flexibility. In this guide, we’ll explain how to set up a subsidiary company in Vietnam and cover the essential steps, legal requirements, and benefits of establishing a subsidiary company. Investing in Vietnam? Check…
A Dissection of Vietnam’s Personal Data Protection Decree – Compliance Guide for Investors
Data protection is crucial in Vietnam today due to the rapid digital transformation and increasing cyber threats, which heighten the risk of personal data breaches. Ensuring robust data protection measures helps safeguard individuals’ privacy, fosters trust in digital services, and aligns with global data protection standards like General Data Protection Regulation (GDPR), essential for international…
Vietnam’s December 2024: Ambitious Semiconductor Investments and High-Tech Advancements
Vietnam is stepping into 2025 with a clear focus on becoming a global hub for technology and economic development. January marks significant strides in semiconductor investments, cutting-edge AI initiatives, and transformative high-tech projects that are set to reshape the nation’s industrial and economic landscape. With ambitious plans to enhance infrastructure, attract foreign investments, and foster…
Agtech in Vietnam: Driving Modern Solutions for Agricultural Growth
Agtech is revolutionizing Vietnam’s agriculture by integrating advanced technologies such as IoT, smart farming, data analytics, and biotechnology. These innovations are addressing the growing need for higher productivity, efficiency, and sustainable practices. As a significant contributor to Vietnam’s economy, agriculture is embracing these modern solutions to boost yields, optimize resource usage, and reduce environmental impact,…
MedTech in Vietnam: Growth, Challenges, and Future Prospects
MedTech in Vietnam is experiencing rapid growth, driven by the increasing demand for healthcare services and the integration of cutting-edge medical technology. The sector is capitalizing on advancements in digital health and the implementation of advanced medical devices, which are transforming the healthcare landscape. As the Vietnamese government continues to support healthcare advancements, the MedTech…
MRA Grant – Expanding Your Singaporean Business to Vietnam
For Singapore startups and SMEs looking to expand their business to Vietnam, the Market Readiness Assistance (MRA) Grant is a boon as it covers half of the expenses. Companies can spend up to S$100,000 per new market for overseas business development, as the MRA is capped at that point. This article provides a comprehensive overview…
Vietnam’s November 2024 Economic Momentum: High-Tech Investments, Trade Expansion, and Infrastructure Innovation
Innovation continues to drive Vietnam’s growth in November 2024, strengthening its position as a global investment hub. High-tech advancements, enhanced logistics, and sustainable development projects in key regions like Ho Chi Minh City, Dong Nai, and Binh Duong are leading this transformation. Strategic developments, including innovative research hubs and infrastructure expansions such as Danang’s Free…
