Asia Briefing’s Vietnam Focused Regulatory and Operational Business Updates

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August 15, 2024

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Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

VIETNAM EDITION

Manufacturing in Hung Yen, Vietnam: Key Advantages and 2021-2030 Master Plan

Hung Yen, a key locality within the Northern Key Economic Zone (NKEZ), is attracting both domestic and international businesses with its renewed focus on manufacturing development and industrial transformation.

Four Years of the EVFTA: Key Advantages and Business Perceptions

As the EU-Vietnam Free Trade Agreement (EVFTA) reaches its fourth anniversary, we explore its key provisions, business perceptions, and prospects for FDI firms.

How Emerging Economies Vietnam and India Complement Each Other

Prime Minister Pham Minh Chinh has encouraged Indian firms to expand their investment cooperation in sectors that align with both countries’ priorities and Vietnam’s needs. These sectors include high technology, electronics, science and technology, artificial intelligence (AI), infrastructure development, renewable energy, emerging energies like hydrogen, biotechnology, innovation, high-tech agriculture, and pharmaceuticals.

Vietnam-South Korea Social Security Agreement: Key Details

The Social Security Agreement between Vietnam and South Korea, which officially came into effect on January 1, 2024, represents a significant milestone in the bilateral relationship between the two countries.

Understanding Key Provisions of Vietnam’s 2024 Social Insurance Law

The new law introduces amendments that address current inadequacies between legislation and real-life practice, while expanding rights and benefits for SI participants. Among its various goals, the new law aims to better ensure SI rights for Vietnamese workers abroad and foreign workers in Vietnam.

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