Vietnam: New Requirements for Foreign-Invested Vocational Institutions
Vietnam has issued new conditions for establishing foreign-invested vocational training institutions. Read more to know about the requirements which include establishment size, investment capital, training curriculum, opening representative offices and branches.
An Economic Overview of Ba Ria – Vung Tau Province
Ba Ria – Vung Tau is one of the major economies and investment destinations in the country. The region serves as a major industrial hub and trade gateway due to its numerous industrial parks, deep-water seaport, and numerous foreign-invested manufacturing companies.
Vietnam’s New Incentives for Science and Technology Firms
The government has announced new incentives such as corporate tax cuts and exemptions, and credit incentives for science and technology enterprises. Read more to know about government support and incentives which aims to promote scientific and technological research and development.
Vietnam’s Corruption Perception Ranking Declines in 2018
Vietnam’s ranking dropped by 10 places in the latest Corruptions Perceptions Index, despite its significant efforts in fighting corruption. Read more to know about its index, regional comparison, and what more needs to be done.
Investments in Vietnamese Startups Tripled in 2018
Last year, investments in Vietnamese startups almost tripled compared to 2017, with domestic investment funds accounting for more than half of the total investments. Read more to know about the major deals, investments funds, and major sectors in the startup market.
Vietnam’s Tourism Industry Continues its Growth in 2018
With its rich heritage and diverse geography, Vietnam’s tourism industry continues to rank amongst the fastest-growing tourist destinations. However, much more needs to be done, if Vietnam wants to fully realize the potential of the tourism industry. Read more to know about the major destinations, industry revenue, international tourists, government policies, industry challenges, and growth forecast.
Vietnam Hikes Minimum Wages by 5.3 Percent in 2019
Vietnam has increased the minimum wage by 5.3 percent in 2019, its lowest compared to previous years. Read more to know about the regional minimum wages and how rising consumer prices can force further hikes in the near future.
Vietnam EU Agreement: Reducing Illegal Logging, Promoting Timber Trade
The Voluntary Partnership Agreement between Vietnam and the EU will improve forest management, reduce illegal logging, and increase timber exports value. Read more to know about the agreement and how it will impact trade and forest management in Vietnam.
Vietnam: New Laws to be in Effect in 2019
In 2018, the Vietnamese government passed numerous laws which are going to come into effect in 2019. Read more to know about the new laws primarily focusing on labor, environment protection, administrative procedures, corruption, and sectors such as education, cybersecurity, agriculture, and civil aviation.
Supply Chain Shifts from China to Vietnam
Supply chain shifts to Vietnam are gathering momentum, helped by China’s rising labor costs and the US-China trade war. Read more to know about the major industries that are already shifting and why Vietnam features prominently as a manufacturing alternative to China.