Vietnam and European Union Will Eliminate over 99% Import Tariffs on Each Other

set-up business in Vietnam At a press conference on October 30th in Vietnam informed of important agreements between Vietnam and European Union (EU), Mr. Bruno Angelet – Ambassador, Head of Delegation of the European Union (EU) said that early August 2015, the EU and Vietnam has announced the conclusion of negotiations but the negotiation group continues to resolve the...

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Japanese Giant Petroleum Corporation Enter Vietnam Market

Energy consultant in Vietnam There is a trend that foreign corporations entering Vietnam market as they see the potentials of this rising economy. Japan’s Idemitsu Kosan Group has received an investment license to open a joint venture with a unit of Kuwait to build a petrol distribution system in Vietnam. This corporation will contribute 50% capital to Idemitsu Petroleum...

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Pharmacy and Healthcare in Vietnam

Pharmacy business consultant in Vietnam 1.Overview There has been an optimistic trend in pharmacy and healthcare industry in Vietnam. This industry is irreplaceable as the education level and life expectancy of Vietnamese have been significantly improved. However, due to some challenges, pharmacy and health care industry desires for a change in legal framework, thus...

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Cosmetic Industry in Vietnam

Industrial market entry into Vietnam 1. Overview According to the figure of Nielsen in 2013, the annual turnover of the Vietnamese cosmetics market is around 15 trillion VND (US$704.2 million). The average per-capita spending was only $4 per person per year, compared with an average of $20 per person in Thailand. This indicates a huge potential for growth of this...

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Tourism Industry in Vietnam

Industrial business consultant in Vietnam The tourism industry is regarded as an smokeless industry, holds an important position in the global economy and Vietnam is not an exception. As a new destination with natural resources and many foreign investment hotels and resorts, Vietnam tourism industry has developed rapidly in the past decade and has the potential to develop...

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Hong Kong Investment Funds Investing in Real Estate, Banking of Vietnam

Real Estate regulatory in Vietnam In the talks with Vietnam Prime Minister Nguyen Xuan Phuc on September 14th 2016, representatives of corporations and large investment funds from Hong Kong have expressed their interest in investment opportunities in Vietnam. Talking to Hong Kong enterprises, Government leaders said that Vietnam has amended the Law on Investment towards...

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