| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | With its strategic geographic position, rapidly expanding industrial infrastructure, and government initiatives aimed at enhancing the logistics environment, Vietnam offers a wealth of opportunities for both domestic and international investors. This issue of Vietnam Briefing Magazine will serve as a key resource for investors seeking to enter this dynamic market. | | | | | Vietnam is emerging as a cost-effective and strategic alternative to China for manufacturing, driven by competitive labor costs, growing high-tech investments, and favorable trade conditions, making it a key “China Plus One” destination for global businesses. | | | | | The Mega Textile-Việt Nam factory, set to be built in the Thọ Lộc Industrial Park within the Southeast Nghệ An Economic Zone, will span over 51 hectares. Mega Textile Singapore Private Limited is a subsidiary of Best Pacific International Holdings Limited, a leading Hong Kong-listed supplier of fabrics to global sportswear and undergarment brands. | | | | | In 2025, workers in Vietnam are set to benefit from extended public holiday periods compared to the 2024 schedule. Employers, factories, and businesspersons traveling to Vietnam are advised to plan proactively and align with the country’s holiday schedule. | | | | | Vietnam’s National Assembly has approved yet another extension of the 2-percent reduction on value-added tax (VAT), this time to the end of June 2025. Specified goods and services subject to the 10 percent VAT rate will continue to enjoy the 2-percent reduction in the first six months of 2025. |
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We hope you're enjoying this Vietnam Edition. To receive any of our other complimentary regional editions, including ASEAN, China, India, Middle East, or our Asia weekly round-up, you can add or change subscriptions. Or newly subscribe a friend. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | This publication aims to provide readers with an in-depth analysis of Vietnam’s rapidly evolving logistics sector, highlighting its current performance, emerging trends, opportunities for growth, and policy recommendations. | | | | | The ASEAN education market offers substantial foreign investment opportunities, driven by economic growth and reforms. This issue of ASEAN Briefing explores government initiatives to attract investments, highlighting emerging opportunities in Indonesia, Malaysia, Thailand, and Vietnam. | | | | | This India Briefing Magazine edition explores India’s evolving trade landscape, covering regulatory reforms, manufacturing clusters, and trade partnerships. It provides insights into structuring trading entities, leveraging industrial hubs for export production, and diversifying markets to boost competitiveness and mitigate geopolitical risks. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar, Wednesday, December 11, 2024, 3:00 PM ICT / 4:00 PM Singapore / 9:00 AM CET | | | | | Webinar | Thursday, December 12, 2024 3:00 PM JKT / 4:00 PM Singapore / 9:00 AM CET | | | | | Exhibition/Trade Fair | Thursday 20. - Saturday 22. February, 9:00-7:00 PM ICT |
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