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A representative office in Vietnam is often seen as an extension of a parent company overseas. Since the participation of Vietnam in the World Trade Organization (WTO) more than a decade ago, a multitude of foreigners prefer the representative office structure due to its simple setup. This type of structure allows foreign investors to test … Continued
The Vietnamese market is on an upward trajectory and it is owed to its ever-expanding middle-class and increased manufacturing and exports. The nation’s market is shifting constantly in flux with the changing consumer purchasing power and behavior. With the rise in income, the middle class is inclining towards a modern consumer-driven lifestyle, setting up the … Continued
Whether you are an existing or a new player, acquiring an existing company in Vietnam, can be the start of something new when it comes to doing business in Vietnam. However, the decision to acquire an existing company under your wing can not be taken lightly as it can backfire your initial plan to increase … Continued
The land rights in Vietnam can be complex for many people, especially for first-time foreign investors. Unlike other countries, lands in Vietnam are often owned by people conjointly and regulated by the Vietnamese government. With that being said, people are not allowed to own land legally in Vietnam. In other words, if they are interested … Continued
middle-class population and young workforce. Moreover, the increment in pay levels along with the fast development of the retail industry has made Vietnam a viable option for investment and growth by the third-party (3PL) and the fourth-party (4PL) logistics sector.
One of the principal contributors to Vietnam’s progressing economy is the rise of the shipping industry and the development of ports. From January 1998 to July 2022, Vietnam’s total exports witnessed an average growth rate of 17.3%. Moreover, the country’s total exports achieved USD 34.9 billion in August 2022, while imports reached USD 31.1 billion. … Continued
Real estate in Vietnam has traditionally been a lucrative industry with investors clocking substantial profits. As a result, more foreign investors are investigating available housing choices to reap the maximum from the market conditions. In Vietnam, people can acquire properties on the primary or secondary market. In this article, let’s look at how to acquire … Continued
Foreigners across the globe have been flocking to Vietnam since the 1990s to invest in the country. For many entrepreneurs, now is the best time to set up a business in Vietnam because the purchasing power in the country has gone up; and the Vietnamese are ready to spend their money on products and services. … Continued
To address climate change threats, Vietnam and many other countries have committed to reducing toxic fumes by attempting to reduce and neutralize carbon footprints by 2050. This is directly reflected in the countries’ aggressive investment in alternative energy sources, especially wind and solar.
So you want to expand your business to Vietnam, one of the worlds most dynamic young economies, with a branch office? Here is your guide
By 2025, the Fintech industry in Southeast Asia is predicted to exceed USD 1 trillion in transaction value. At the moment the size of the Fintech Industry is valued at a whopping 11 Billion USD (as of 2022), according to a recent report. Increasing innovation will lead to digital lending becoming the primary revenue source … Continued
Benefiting from the China-US Trade War, Vietnam has emerged as one of the top choices for foreign investors to shift and diversify their production and supply chain from China. Multinational corporations such as Samsung, LG, Foxconn (Apple), and many Japanese manufacturers have been shifting their production from China to Vietnam. Find Out How Cekindo Can … Continued
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