Business Blogs

Business Process Outsourcing (BPO) in Vietnam: Key Contracts and Agreements

A robust business partnership is further reinforced by a legal agreement that fosters security and trust. Without legal binding, business deals can pose significant risks that may impact the success and sustainability of the collaboration. One of the primary risks is the heightened likelihood of misunderstandings and disputes, as there is no documented agreement delineating…

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Doing Business in Vietnam: Role of Investors in Business and 4 Types of Business Models

As a country known for its rapid economic growth, strategic geographical location, and favorable investment climate, Vietnam has become an attractive hub for foreign investors. When doing business in Vietnam, it is crucial to understand not only its diverse entity types but also the role of investors in business, as they provide essential capital, strategic…

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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…

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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…

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9 Reasons to Choose Ho Chi Minh City in Vietnam to Launch Your Business

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 for…

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5 Common Agreements in Vietnam: A Guide of Non-disclosure Agreement

In the multifaceted landscape of business transactions and activities in Vietnam, safeguarding the rights of investors is paramount. Vietnam’s business environment is a complex web of diverse dealings, each with its unique characteristics. In this context, common agreements and contracts play a pivotal role in establishing legal frameworks to uphold the interests and responsibilities of…

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Ease of Doing Business in Vietnam: Why Do Foreign Investors Choose This Destination?

The Vietnamese economy has burgeoned into one of the world’s strongest economies thanks to its stable political and influential macroeconomic environment. Since the late 1980s, its Doi Moi reform policy has employed a range of measures to foster its attractiveness to foreign investment and develop a resilient economy. Hence, doing business in Vietnam is a…

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