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Investing in Vietnam: Investment Highlights and 10 Business Insights in November 2023
The recent Global M&A Partners (GMAP) conference, hosted for the first time in our vibrant nation, has placed Vietnam firmly on the map as a prime investment destination for mergers and acquisitions (M&A). This prestigious event, graced by international representatives, highlighted Vietnam’s unique strengths: a stable political climate, a highly skilled workforce, and competitive labor…
Seamlessly Secure a Certificate of Origin in Vietnam: Essential Tips for Foreigners
A Certificate of Origin (C/O) is essential when conducting business in Vietnam since it is the foundation for imposing taxes and other trade restrictions. The certificate specifies the manufacturing or production location of the items in question. And armed with such knowledge, traders are obligated to adhere to all laws, administrative regulations, and trade agreements based on…
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Vietnam’s Workforce: High Demand Skills and Advice for Business in 2024
Comprehending local labor laws is crucial for compliant recruitment practices in Vietnam. When hiring and compensating employees, adherence to these regulations is key to smooth business operations. Additionally, a thorough understanding of the Vietnamese market is vital to identify potential opportunities and anticipate challenges, facilitating seamless integration. This article aims to guide business owners in…
Property in Vietnam: 7 Key Insights for Foreign Investors to Thrive
As one of the fastest-growing economies in Southeast Asia, the community of foreigners owning property in Vietnam is numerous. Multinational corporations such as Nike, Lego, and Samsung, for example, have relocated their operations from China to Vietnam over the past few years. Additionally, Vietnam also boasts strong governance, political stability, encouraged and transparent business activities, as well…
Exploring the Benefits of Jewelry Manufacturing in Vietnam: A Guide for Foreign Companies
Vietnam’s jewelry manufacturing market bears a significant cultural and economic value to the country, making it a prospective environment for investment and business growth. Major global players (Swarovski, Pandora, etc.) have established a business presence in Vietnam alongside local public and private brands (PNJ, Cuu Long Jewelry, SJC, etc.). For indigenous women, local textiles and jewelry represent…
Vietnam FDI: Analysis of Industries, Source Countries, and Geographical Regions
Vietnam has emerged as a significant destination for foreign direct investment (FDI) in recent years, despite the global impact of the COVID-19 pandemic. The country’s open-door policy, along with its appealing incentives and favorable investment environment, has made it a highly attractive destination for foreign investors. Moreover, Vietnam FDI has played a crucial role in…
Maximize Benefits: A Complete 2024 Guide to Tax Incentives in Vietnam for Foreign Companies
As Vietnam presents a more and more open economy to attract foreign investment, the government has created some interesting tax incentives. These include paying no taxes for a certain period of the initial establishment in the country, involving tech-based industries, and investing in underdeveloped geographical areas of the country. Understanding and applying for these tax…
Setting up a Manufacturing & Trading Business in Vietnam’s Free Zones: A Brief Guide for Foreigners
Foreign individuals and entities are flocking to Vietnam’s economic free zones in recent years, looking to form their manufacturing companies and enjoy the tax benefits for the distribution and export of their products. There are significant industrial zones in Vietnam, and they have emerged as important hubs for different industries, ranging from light to heavy….
Vietnam’s Economic Growth Projections: Surpassing Southeast Asian Nations by 2036
According to the latest World Bank predictions, Vietnam’s economy is on track to reach new economic milestones within Southeast Asia by 2036. Vietnam’s GDP growth is estimated to increase by 5.5% in 2022, up from 2.6% in 2016. As the COVID-19 pandemic is being contained effectively domestically and abroad, the forecast predicts that Vietnam’s services sector…
Effortlessly Establishment of a Representative Office Vietnam: A Detailed Guide for Investors
When it comes to company registration in Vietnam, a representative office can be a viable option for foreign companies looking to establish their business presence. This office offers an affordable solution, particularly for newcomers who aim to familiarize themselves with the Vietnamese market. It is typically a preliminary step taken by foreign companies before fully…
Seamlessly Navigate Joint-Stock Company (JSC) Vietnam Formation: Your Ultimate Guide
A Joint-Stock Company (JSC) in Vietnam is one of the two commonly chosen business entities founded by foreign direct investors with more than three shareholders. It offers a higher level of flexibility for medium and large-sized companies with multiple shareholders, allowing for profit-generating activities, listing on the stock exchange, and more. A JSC Vietnam is…
