Set-up Partnership in Vietnam

A partnership is an enterprise which must be at least two members being co-owners of the company jointly conducting business under one common name. In addition to unlimited liability partners, there may be limited liability partners. Unlimited liability partners must be individuals who shall be liable for the obligations of the company to the extent of all of their...

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Danang Resort Real Estate Is Growing Well

Savills Vietnam has just published a report updating the situation of Danang real estate market in the first half of 2016. Accordingly, the segment of hotel, resort and villa continues to be exciting with the launch of many new projects as well as the presence of many famous brands in the world. Specifically, according to Savills Vietnam, in the first half of 2016,...

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Vietnam Real Estate Attracts Singapore Investors

Investment flows from Singapore to Vietnam real estate sector are increasing with the presence of many huge investors. According to the Consulate General of Republic of Singapore in Ho Chi Minh City (HCMC), Vietnam is one of the leading markets for investment of Singapore businesses. Currently, Singapore’s real estate businesses are operating successfully in Vietnam....

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Vietnam Technology Startup Attracts Foreign Enterprises

Technology startup in Vietnam is increasingly attractive. Many foreign enterprises are interested in this area and showing their desire to set up business in Vietnam. According to Mr Mitchell Pham, president of the New Zealand Technology Association (NZTech) – who is known to be the 1st native of Vietnam elected to become the chairman of NZTech, representing for...

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Vietnam Increases Ranking in The List of Global Competition

The Global Competitiveness Report 2017 – 2018 was announced on September 26th 2017, confirming that countries are improving in terms of health, education and technology. The latest global competition list of the World Economic Forum shows a messy picture of Asia, while Vietnam and Indonesia jumped in rank, Japan and India slumped. Vietnam jumped to 55th place,...

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Strengths in FDI Attraction of Vietnam

Vietnam has many strong points in FDI attraction that foreign investors are very interested in. This has made Vietnam an attractive destination for investors to set up company in Vietnam. Firstly, the stable security and political situation is an important condition for deciding to set up long-term investment activities in Vietnam. Moreover, Vietnam has a favorable...

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WB’s Director “constitutional design” to improve the business environment in Vietnam

Vietnam has made a special impression in the process to reform administrative, especially the tax procedures, social security, affirmed that Vietnam has built a social insurance system well. 11-Feb afternoon, Nguyen Tan Dung Prime Minister had a meeting with the National Director of World Bank in Vietnam – Mrs. Victoria Kwakwa. At the meeting , the Prime Minister...

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Classify Risks in Business Environment

Risks are varied and often change. It evolves according to the changes and evolution of the business environment. There are many ways to classify the type of risk, depending on the field, origin, function, scope, impact, occurrence and severity of harm… However, we can generalize several common risks in the business environment in Vietnam as follows: First is...

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Jabil Expands Investment in Vietnam

Jabil Circuit, Inc has just broke ground to build a new factory in Saigon Hi-Tech Park (SHTP), realizing the plan to expand investment in Vietnam. The event marked the expansion of Jabil Group’s operation in Vietnam, with total factory area of 38,369 square meters. The factory is scheduled to be completed by the end of 2017. The new facility will provide additional...

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Due Diligence in Choosing Business Partner

Joint ventures and association in business will bring many opportunities for the development and success, especially expanding and making entry into new Vietnam as new market through cross border transaction, setting up company, acquiring shares in new company. However, it is not easy to choose partners to help maximize the value for business, especially in this...

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US Investors Invest in Ho Chi Minh City

Ho Chi Minh City (HCMC) is an exciting investment destination with total FDI capital reached 40 billion USD. With many advantages in economic development and business environment, foreign investors have been coming to set up business in Ho Chi Minh City. Mr Dinh La Thang, Party Secretary of Ho Chi Minh City (HCMC) has met group of United States (US) investors led...

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Open for Private Investment in Vietnam Railways

The revised Railway Law has just been passed by the National Assembly will create attraction for investors to set up company in Vietnam to invest in infrastructure and railway projects. The revised Railway Law has just been passed by the National Assembly and is expected to come into force on July 1st 2018 with many preferential mechanisms that will create attraction...

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ACWA Power and FECON Develop Renewable Energy Projects in Vietnam

On July 3rd, ACWA Power Energy Corporation from Saudi Arabia and FECON JSC have signed Memorandum of Understanding on cooperation to develop renewable energy projects in Vietnam. According to the national electricity development plan and the renewable energy development strategy of Vietnam, the Vietnam Government prioritizes the mobilization of all resources to...

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Vietnam’s Oil and Gas Industry Continues to Grow

Vietnam oil and gas industry has a great potential as it plays a vital role in Vietnam’s industrial development. According to a report by the Vietnam Ministry of Industry and Trade, oil production in Vietnam in April 2015 reached 1.5 million tons, up 7.2% from the last year’s figure. Gas production reached 0.9 billion cubic meters (+1.8%), and production of liquefied...

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