Remittances to Vietnam on the Rise
Overseas remittances to Vietnam, an important source of foreign exchange reserves, grew by 16 percent in 2017. Read more to know about the major sources, the effect of the US Fed hikes, and the importance of remittances to Vietnam’s economy.
Growing Market Potential of Fintech in Vietnam
According to EY, Vietnam, an emerging market for fintech developers, ranks second in ASEAN in the number of incubators, accelerators, and innovation labs. Read more to know about the growing industry, challenges faced by startups, and the importance of government’s role in facilitating growth in fintech.
Vietnam: New Regulations for Online Gaming, Social Networks, and Information Websites
Vietnam has issued new regulations for social networking websites, information sites, and online gaming service providers. Read more to know about the new procedures and conditions related to licensing, user privacy, data retention, and content management.
Vietnam – South Korea Deepening Economic Ties
Vietnam and South Korea are planning to increase their bilateral trade to US$100 billion by 2020, further deepening their economic ties. Read more to know about the bilateral relationship, investment challenges, and major South Korean investors.
Impact of US – China Trade War on Vietnam
The growing trade conflict between the US and China will have a cascading effect on Vietnam, for whom both the US and China are major trading partners. Read more to know about the impact, positive and negative, arising from the trade disputes and the options available to Vietnam to minimize its effect.
Using Land in Vietnam: The Rise of Condotels and Green Areas
Rules for ownership and use of land in Vietnam is complicated, but the growing real estate market has much to offer foreign investors.
Vietnam Announces Corporate Income Tax Reduction Plan
Vietnamese Prime Minister, Nguyen Xuan Phuc, has announced plans to reduce Vietnam’s corporate income tax (CIT) in a recent speech at the GMS Business Summit. Read more for details and analysis on the announcement
China+1: The New Face of Manufacturing in Vietnam
Instead of abandoning the Chinese market, investors are choosing to supplement Chinese operations with low-cost Vietnamese inputs in a production model that has become widely known as China+1.
Vietnam’s Provincial Competitiveness Index 2017: Improvement in the Quality of Economic Governance
The 2017 Provincial Competitiveness Index has revealed a high level of confidence among private firms and foreign investors, with Quang Ninh topping the rankings. Read more to know about the most competitive provinces, the effect of reforms, issues faced by firms, and the improvement in infrastructure index.
Vietnam: Two Cities Among JLL’s Momentum Index Top 10
Ho Chi Minh City and Hanoi ranked 3rd and 6th among the global top 10 of JLL’s Short-Term Momentum Index, which measures each city’s short-term socio-economic and commercial real estate momentum. Read more to know about the city rankings in Asia and how the Momentum Index rankings are calculated.