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Vietnam’s information technology (IT) market has been gaining momentum recently as the country is now moving from low-tech manufacturing to a service-oriented economy. IT companies in India and China are now facing competition due to the boom of Vietnam’s IT industry. When it comes to investing in Vietnam, foreign investments in IT businesses will have … Continued
With Vietnam’s promising economic growth despite the challenges posed by the Covid-19 pandemic, and strong bilateral relations between India and Vietnam through India-ASEAN FTA, there’s a huge investment opportunity for start-ups from India to expand to Vietnam. This article will discuss the specifics of business opportunities and expansion prospects for Indian startups in Vietnam. Interested … Continued
Vietnamese banks are increasingly appealing to foreign investors, especially since they started looking to raise their registered capital for requirements on Capital Adequacy Ratio (CAR) under Basel II standards, an accord issued by the Basel Committee on Banking Supervision. This article deals with the aspects of increasing attraction for foreign investment in the Vietnamese banking … Continued
So your company is ready for a stage of business expansion and Vietnam has popped up on your radar? Over the years, Vietnam has been rapidly developing. It has also positioned itself as one of the ASEAN countries’ key partners during its incredible economic transformation. It is ranked the third-largest economy in Southeast Asia with … Continued
Vietnam has enjoyed incredibly fast progress as the center for entrepreneurship and startup activities. Topics Founder Institute (TFI) released a report and according to the report, investments in startups of Vietnam have tripled from US$291 to US$889 million in 2018. In just a short period of two years, Vietnam has raised itself from 5th place … Continued
According to PwC, Vietnam sat in second place with the most ASEAN’s fintech funding in 2019, following Singapore. The impressive increase of fintech funding was owing to two of the largest fintech investments in that year: VNPay’s over US$1 billion and MoMo’s US$233.8 million deals in 4 rounds. Read More about Cekindo’s Company Registration Services, … Continued
Vietnam is popular for its status as an ideal investment and business destination to foreign investors. The country is located right in the heart of Southeast Asia. It also shares borders with the new economic giant China, not to mention its proximity to international shipping routes and other big markets in Asia. Find Out About … Continued
Since Vietnam opened up to the globalized world in the 1990s it has quickly become an investment hotspot, with low wages, a young and skilled workforce and business friendly policies. However its natural beauty, friendly people and outstanding cuisine is world-class and and makes for a booming tourism industry. In fact in 2019 alone, according … Continued
Traveling to Vietnam is no longer just sightseeing, shopping and relaxing. Vietnam is now a fast-growing country with a burgeoning economy – a factor that is so inviting for many foreign investors to either start a business or inject their investment in this amazing country. The government of Vietnam has always believed in an open … Continued
Making an investment in Vietnam has been a popular undertaking for many foreigners. The majority of investments in Vietnam lie in the private markets, especially in sectors that have gained traction in recent years. Apart from its tourism, Vietnam used to be a country that many people do not think much about in business terms. … Continued
With the massive economic reforms that took place in the 1990s, Vietnam has transformed from a highly agricultural economy to today’s more market-based and industrial technology-based Economy. This has not only raised the income of people substantially, but it has also brought people’s quality of life to a whole new level. Many foreign investors have … Continued
With an estimated GDP growth rate which is set to grow 6.6 percent in 2021, according to the World Bank, it is not surprising that Vietnam is considered one of the fastest-growing economies in the world. The positive development of the country’s manufacturing sector is the main contributor to this rapid growth. One thing leads … Continued
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