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By 2030, Vietnam is expected to achieve significant economic milestones within Southeast Asia, as predicted by the World Bank. In order to promote lower tariffs and reduce trade barriers, it has already signed a number of free trade agreements (FTAs). Moreover, the rise of the fintech industry and the booming e-commerce sector ensures that the … Continued
For global manufacturing firms looking for diversity and to strengthen the resilience of their supply chains, Vietnam has emerged as a prominent target. Vietnam presents an exceptional opportunity for foreign investors due to its stable political system, dedication to sustainable growth, low inflation, high FDI inflows, young and technologically advanced population, and dynamic industrial sector. … Continued
Foreign investors understand that Vietnam offers fascinating business and investment opportunities. Owing to the government’s substantial support and trade agreements, as well as the increasing middle-income groups and changing consumer lifestyles, Vietnam’s trading industry has become an interesting market for international investors. An increasing number of foreigners are entering Vietnam to invest in trading companies … Continued
Rising climate concerns heighten the need for eco-friendly solutions. In this context, Vietnam has emerged as a promising player in the realm of renewable energy. The country’s resources and eco-commitment attract domestic and global investors in renewable energy. Investing in Renewable Energy in Vietnam? Check out InCorp’s Business Set-Up Services Government Commitment to Renewable Energy … Continued
The luxury clothing industry in Vietnam presents a promising landscape for foreign investors seeking new opportunities. Vietnam’s fashion industry, evolving consumer preferences, and growing middle class make it a top luxury clothing destination. This article aims to highlight the advantages and opportunities Vietnam offers to foreign investors in the luxury clothing industry. The booming luxury … Continued
What is Singapore’s MRA Grant? The Singaporean government first announced the Market Readiness Assistance (MRA) grant in 2013. This government grant is designed to introduce opportunities to Singapore’s SMEs (Small and Medium Enterprises) and help them establish operations in new markets worldwide. Specifically, the grant offers a capital incentive in the form of reimbursements, giving … Continued
Vietnam has striven incessantly with the goal of cementing its IT industry by wooing more investments in the sector. The dream of complete digitalization in Vietnam over the next decade is perpetuated by the Vietnamese government’s improvement in its regulations and policies to better accommodate foreign investments in the IT sector. In this article, we … Continued
In August 2023, Vietnam witnesses a surge in FDI across pivotal sectors, enhancing economic growth. Manufacturing, healthcare, and high-tech industries emerge as focal points, attracting substantial Vietnam’s FDI. This positive trend underscores Vietnam’s dynamic economic landscape. Investing in Vietnam? Check out InCorp’s Incorporation Services High-Tech Projects Drive Momentum Amid Due to significant investment projects in … Continued
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 … Continued
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 … Continued
With increasingly active trade and commerce deals, the ASEAN regional economy is growing well. Despite a worldwide economic slump and a harsh business climate in light of the last two years overshadowed by a crippling global health crisis, Vietnam has astonished the global investment ecosystem with its rapid economic development and ability to rebound from … Continued
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. A representative 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 … Continued
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