Is Vietnam a Market Economy? U.S. Considers Status Upgrade
The U.S. is debating whether to upgrade Vietnam’s non-market economy status to a market economy to support President Biden’s aim of fostering a “friend-shoring” relationship and diversifying supply chains away from China, potentially ending high duties on Vietnamese imports.
Franchising in Vietnam: Legal Framework and Registration Requirements
The franchising sector in Vietnam benefits from relaxed retail regulations and a dynamic entrepreneurial landscape.
Dong Nai Province, Vietnam: Opportunities in the Leading Industrial Production Hub
Dong Nai province, in the southern region, is a prime choice for foreign companies in Vietnam with its strong infrastructure, logistics connectivity, and industrial parks. We profile its key advantages that has made it among the top ranked destinations for FDI in the country across multiple business lines.
Vietnam Foreign Trade Continues Recovery in 2024
Vietnam’s foreign trade continued to rebound in the first four months of 2024 following a major trade slump recorded in 2023, per GSO data.
Vietnam’s Total Foreign Investment Climbs to US$9.27 Billion in Four Months: GSO
Vietnam received an estimated US$6.28 billion in FDI during Jan-April of this year, marking the highest level in the past five years.
Understanding How Trademark Opposition Works in Vietnam
We discuss the legal grounds on which intellectual property rights holders can register opposition to trademark applications in Vietnam.
Vietnam’s Imported Meat Market: Growth Drivers and Regulatory Requirements
We examine Vietnam’s imported meat market, including demand growth drivers and regulatory requirements for foreign producers and exporters.
UNDP Releases Vietnam PAPI 2023 Report: Progress on Anti-Corruption, E-Governance
In the PAPI 2023 Rankings, Thua Thien-Hue Province in central Vietnam claimed the top spot among 63 localities with 46.04 points. Thai Nguyen and Bac Ninh Provinces secured second and third positions with 45.78 and 45.7 points, respectively.
ESG Strategy a Key Focus Area for Foreign Businesses in Vietnam
We discuss findings from the VBF’s survey of foreign business stakeholders in Vietnam, including progress and concerns over ESG priorities.
Vietnam Exports to the US in Q1 2024 Reach US$25.77 Billion
Vietnam exports to the US in the first quarter (Q1) of 2024 accounted for 27.7% of the entire export turnover of the Southeast Asian economy.