LG to Invest US $1.5 Billion in Vietnamese Electronics Production
On May 6, LG Display Group, a subsidiary of South Korea’s LG Electronics, pledged $1.5 billion USD to establish a screen factory in Hai Phong. Read more for a look into electronics production in Vietnam and how to make the most of potential investments.
Vietnam Market Watch: Mobile Gaming, Garment Industry, and S&P Growth Projections
In this week’s Vietnam Market Watch, we discuss the emergence of Vietnam’s mobile gaming industry, analyze recently published development plans from the garment industry, and highlight S&P’s latest outlook on the Vietnamese economy.
Vietnam Regulatory Brief: Foreign Specialist Tax Exemptions and Slated Issuance of International Driving Permits
In this week’s Vietnam Regulatory Brief we discuss the details of new specialist tax exemptions and highlight issues surrounding Hanoi’s plans to issue international driving permits.
TPP Perceptions in Vietnam: Insights from Indochina Research
In Partnership with Indochina Research, this edition of Vietnam Briefing discusses recent survey data on awareness and support levels for TPP among the Vietnamese population. Read more for detailed insights on the demographics and regional distribution of these figures.
Vietnam’s FDI Outlook for 2016: Trends and Opportunities
Vietnam’s rapid pace of integration into global commerce is likely to yield unparalleled opportunities and record foreign investment in the near to medium term. The following article outlines key findings from some of the first FDI data released by the Vietnamese Ministry of Planning and Investment
Future Merger of HCMC and Hanoi Stock Exchanges Likely as Vietnam’s Markets Mature
According to a plan released by Vietnam’s Ministry of Finance, the Ho Chi Minh Stock Exchange (HOSE) and the Hanoi Stock Exchange (HNX) are likely to be merged at the end of this year. If completed, the new Vietnam Stock Exchange (VSE) will be headquartered in Hanoi, although it will also have a southern branch in HCMC.
Vietnam to Continue Building Logistics Expertise in Face of Growing Demand
Logistics are a key part of any business chain and, as Vietnam’s economy continues on its growth track, demand for logistics services has grown exponentially. Despite some problems, the country is working hard to keep up with the ever-growing logistical needs of businesses operating within the country.
Ho Chi Minh City’s Thu Thiem: A Global Urban Development Gem
Squawkonomics have developed new economic metrics that would better explain the economic phenomenon encountered in Vietnam, where land in desirable locations is still available.
Da Nang Looks set to be the Singapore of Vietnam
With its burgeoning technology and IT industries and its increasingly attractive business environment, Vietnam’s port of city of Da Nang is well on its way to accomplishing its goal of becoming the Singapore of Vietnam. Over the past five years, the city has undergone a building boom, spending US$4.5 billion on infrastructure projects. Additionally, for eight years in a row, the city has been top ranked in the Vietnam Provincial Competitiveness Index for the categories of good governance and business-friendly policies.
Hanoi Reduces Application Time for Business Registration Certificates
Vietnam’s capital, Hanoi, has implemented a plan to reduce the time needed to obtain a Business Registration Certificate to within three days of receiving the application, instead of the previous 10 days. Although this change will only initially apply to Vietnamese enterprises, the definition of Vietnamese enterprises was changed recently to allow them to have foreign ownership. Hanoi is the first city in the country to implement this program.