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Being the fastest growing economy in the Southeast Asian region, Vietnam has undertaken several initiatives to ramp up the educational infrastructure in the country. In the year 2021, 4.03% of the country’s total GDP was allocated toward the country’s education and training sector. Thus, its contribution amounted to a GDP value of almost USD 362 … Continued
Many companies that partner with contract manufacturers (CMs) have started exploring Vietnam as a viable option.
This is an update to our previous blog on the same topic. With a burgeoning population of over 669 million, Southeast Asia (SEA) emerges as a robust global contender for investment with cultural and economic diversity. Given its varied range of established high-tech economies with fast-evolving adjacent markets, it offers a sea of opportunities. SEA … Continued
The dynamic business environment in Vietnam makes it an excellent destination for establishing an advertising company. The digital revolution is underway in Vietnam, like in no other place in SEA. In fact in 2020 it is believed that 50% of the population had access to Social media, coupled with a new boom in E-commerce, it … Continued
Education has become an issue of priority and the government has reserved about 15% of its budget for it and families spend 47% of their budget on education.
Did you know that Vietnam is host to one of the largest NFT startups in the world? Did you also know that Vietnam hosts the highest number of cryptocurrency holders globally? NFT stands for Non-Fungible Token which is a non-interchangeable, distinct unit of data stored on a blockchain which is a series of interlinked cryptographic … Continued
Before engaging in a trading business in Vietnam, it is best to get familiar with its import and export regulations. This is a guide.
E-commerce has recently become one of the fastest-growing sectors globally, with total online sales up to US$4.8 trillion in 2020. As the online phenomenon sweeps across Vietnam, small online businesses have gained the opportunity to expand their market digitally. According to a report by the Vietnam e-Commerce and Digital Economy Agency (iDEA), the e-commerce market … Continued
Vietnam lets foreign investors form joint ventures with both foreign and domestic companies. To comply with foreign ownership rules, international investors frequently form joint ventures with local enterprises. In this article, we’ll go over how to form a joint venture in Vietnam with a local entity. Read More About:Cekindo’s Joint-stock Company Registration Services in Vietnam … Continued
In recent years, Vietnam’s automobile industry has been thriving and it becomes a fertile ground for all foreign investors. Discover more!
Vietnam’s E-Commerce market experienced rapid growth in 2021, with no indications of slowing down, thanks to the rapid inflow of foreign investments, a good regulatory framework, and improved internet access. Online orders are predicted to account for nearly a tenth of all products and services sold in the country by 2025.
To meet the growing needs of modern businesses, foreign investors are inclined to form a joint-stock company (JSC) due to its flexible structure, stability, and limited liability of the shareholders. A joint-stock company is a legal entity formed by three or more founding shareholders. Individuals or organizations can be shareholders in the entity, and they each own shares that are split into equal units to form the company’s charter capital.
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