Vietnam Briefing News

Vietnam: New Requirements for Foreign-Invested Vocational Institutions

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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

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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

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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

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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.

New Rules for Vietnam’s Medical Devices Businesses

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Vietnam has issued new guidelines for the management of medical devices, which will impact foreign manufacturers and suppliers of medical equipment. Read more to know about the changes in classification, registration, and import regulations of medical devices.

Vietnam Labor Law Compliance: Guidelines for Self-Inspection

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From January 1, 2019, enterprises in Vietnam need to self- inspect for compliance of the labor law. Read more to know about the scope of the inspection, employer obligations, and procedures to conduct the annual inspection.

Investments in Vietnamese Startups Tripled in 2018

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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

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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

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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

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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.

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