Limited Offer:Up to 20% off Business Setup and Business Process Outsourcing services. Learn more.
The Malaysian Investment Development Authority (MIDA) states that investments in Malaysia rose by 83% to a total of RM 306.5 billion (~USD 73.33 billion) in 2021. Most of these investments were in the manufacturing sector, which saw a 114% increase from the previous year, with the electrical and electronics industry being the biggest recipient. This … Continued
The world is constantly evolving due to technological advancements. Today’s technology plays an important role in helping businesses, governments, and social institutions improve productivity, create new products and services, and enhance overall well-being. By leveraging Artificial Intelligence (AI) technologies, the manufacturing sectors in Southeast Asia can analyze data and gain valuable insights to automate processes, … Continued
A recent Google research indicated that the coronavirus pandemic had accelerated Vietnam’s digital economy. In fact, the digital economy in Vietnam expanded by 27.8% in 2022, amounting to US$ 23 billion. Research further estimated that the growth would continue until 2025 reaching nearly US$ 50 billion. Prior to the COVID-19 episode, 3.1 hours per day … Continued
The E-Commerce industry in Vietnam continues to flourish in 2022 due to increasing foreign investment, a favorable regulatory environment, and improved internet connectivity. About one-tenth of all goods and service sales are expected to be online by 2025. With a thriving digital economy and e-commerce industry, Vietnam is an ideal location for tapping into new … Continued
When it comes to conducting business in Vietnam, the cities that come to most people’s minds would undoubtedly be Hanoi and Ho Chi Minh City. However, these two cities are no longer the only places where Vietnam’s economy is expanding steadily. As a result, Danang is now acknowledged as one of the most appealing destinations … Continued
Vietnam’s jewelry market bears a significant cultural and economic value to the country, making it a prospective environment for investment and business growth. Major global players (Swarovski, Pandora, etc.) have established a business presence in Vietnam alongside local public and private brands (PNJ, Cuu Long Jewelry, SJC, etc.). For indigenous women, local textiles and jewelry … Continued
Drawing on deep-rooted culture, rich history, evolving cities, diversified geography, and beautiful beaches along the 3.000 kilometers of coastline, Vietnam’s tourism and hospitality sector have long attracted potential international investors. For many investors in Vietnam, the ideal way to start doing business is to set up a company since not much capital is needed and … Continued
Singapore has been a significant contributor to Vietnam’s FDI inflows during the last few years and retained its place as the number one foreign investor.
Vietnam has been considered the emerging star of the Asian hi-tech industry thanks to significant foreign investment from multinational businesses such as Samsung, Microsoft, Intel, Jinko Solar Technology, AT&S, LG, and others. The Vietnamese government has developed several significant criteria to attract hi-tech businesses to enter the country, resulting in a wave of foreign investment … Continued
Located in Vietnam’s Northern Key Economic Zone (NKEZ), the province and city of Bac Ninh present outstanding prospects for business setup and development. The province only stretches 82.6 square kilometers of land, making it the smallest in Vietnam. However, it is now known to be an FDI (foreign direct investment) hotspot, especially for high-tech products. … Continued
In the last five years, Vietnam has seen a tremendous digital transition, resulting in significant IT industry growth. This beneficial transformation has compelled Vietnam to integrate internet-related industries into its economy. As a result, numerous multinational firms are setting up shops in Vietnam, helping the country’s information technology market grow. According to the German-language business … Continued
The Ministry of Information and Communications (MIC) has set ambitious goals to make the 5G network available across Vietnam by 2022. Moreover, it also aims to increase the number of digital enterprises set up in Vietnam from 58,000 to 100,000 by 2025. Several telecom operators have been granted licenses by MIC to provide 5G technology … Continued
We use cookies to improve and customize your browsing experience. You are deemed to have consented to our cookies policy if you continue browsing our site.
How can we help you?