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The Developing IT Industry in Vietnam: Update 2024
Vietnam’s IT industry is rapidly developing and has become a significant business setup hub for global tech entrepreneurs and local startups. Key advancements in communications infrastructure, software, and education technology have positioned Vietnam as a potential major player in the global IT landscape. Digital technology companies in Vietnam have established themselves as leaders in development, innovation, and…
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 and…
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Moving to Vietnam for Chinese Businesses: What are the Benefits?
In recent years, an increasing number of Chinese businesses have been setting their sights on the vibrant and dynamic market of Vietnam. As the global economic landscape continues to evolve, this strategic move has captured the attention of entrepreneurs, investors, and industry experts alike. This article elaborates on the reasons many Chinese businesses have relocated…
Investing in Vietnam January 2024: FDI Performance and Key Foreign Business Projects
As we near the end of 2023, Vietnam emerges as a shining example of growth and opportunity in the international economic arena. Highlights of Vietnam’s economic ascent are evident in its distinction within the ASEAN region, particularly in the high-tech manufacturing sector, underlining the nation as an investment hub. This article delves into the nuances…
Serviced Offices in Vietnam: Trends of Office for Rent and Benefits for Investors
The worldwide market for serviced offices has shown a consistent upward trajectory, achieving an unprecedented peak with a total value of US$33 billion in 2022. With its robust annual growth rate of approximately 20%, this market shows no signs of slowing down shortly. Serviced offices, in particular, have gained popularity among agile multinational companies seeking…
What’s a Virtual Office: Top 5 Reasons to Use This Kind of Space in Ho Chi Minh City
In today’s interconnected world, work transcends the boundaries of physical locations. The true focus is on what you do, not where you do it. Thanks to technology, individuals and businesses can maintain connectivity regardless of geographical distances, with nothing more than a laptop, tablet, or smartphone in hand. The digital revolution has revolutionized work practices,…
Food & Beverage Industry in Vietnam: Market Overview and Investment Opportunities (Updates 2024)
Vietnam’s Food & Beverage (F&B) sector, integral to the nation’s consumer market, is currently experiencing a period of significant transformation. Post-pandemic, this sector is not only recovering but also rapidly adapting to new market trends and consumer behaviors. Central to Vietnamese culture and social life, the food & beverage industry is more than a provider…
Hanoi Business Incorporation Guide: Opportunities, Requirements, and How-To Steps
Hanoi business is thriving, as Vietnam’s dynamic capital is a hub of opportunity and growth. Strategically nestled on the banks of the Red River and close to China, ASEAN’s key trading partner, Hanoi is a gateway to the region. The city is conveniently connected, with most ASEAN capitals just a 3-hour flight away, facilitating seamless…
9 Reasons to Choose Ho Chi Minh City in Vietnam to Launch Your Business
Vietnam has transformed itself from one of the least developed regions in the world into one of Southeast Asia’s most prosperous economies over the past three decades. Ho Chi Minh City (HCMC), a fast-growing, young, and vibrant city in southern Vietnam, wholly represents the country’s dynamic business landscape. Jones Lang LaSalle (JLL), a real estate…
InCorp Vietnam’s Journey to Great Place to Work Certification with Employee Well-being
In today’s competitive landscape, the ‘Great Place to Work‘ Certification stands as a beacon for organizational excellence and employee fulfillment. It’s an acknowledgment of a company’s unwavering commitment to nurturing a work culture that champions employee engagement, inclusivity, and supportiveness. This prestigious certification, for businesses that achieve this honor, is a clear signal to the…
Understand the Fundamentals of Vietnam – Japan Trade Under the VJEPA
Vietnam’s total exports to Japan reached US$11.38 billion in the first six months of 2022, up nearly 13% over the same period last year, according to the General Department of Customs. Moreover, businesses in Japan that are likely to get government subsidies are looking forward to entering the mushrooming market of Vietnam. This will act…
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 Vietnam, showcasing…
Updates on US Investment in Vietnam: A Surprisingly Fruitful Partnership
Vietnam happens to be one of the United States’ biggest business partners in the Southeast Asian region. The two countries have accomplished several milestones together since the mid-1990s and billions of dollars have been invested in postwar reforms. With the recent visit of the Vietnamese Prime Minister, Pham Minh Chinh to the U.S.-ASEAN Special Summit,…
