A Crucial Step Forward: The Complex Decision to Recognize Vietnam Market Economy Status

Vietnam Market Economy Status

In 2024, the United States faces a pivotal decision that could significantly alter its trade relationship with Vietnam and influence geopolitical dynamics in Southeast Asia. This decision revolves around whether to grant Vietnam market economy status, a designation that Vietnam has sought to achieve in its continued integration into the global economic system. Here, we … Read more

Sharp Plans to Build A New Factory in Vietnam, Operating in 2020

Set up Factory in Vietnam

China will not be Sharp’s place of manufacturing LCD screens for cars sold in the US, this stage will be transferred to Vietnam. Sharp is going to set up factory in Vietnam. According to Sharp, they will build a new factory in Vietnam to avoid the new tax imposed in the long-running US – China … Read more

Mikazuki Group Wants to Build A Night Market and A Japanese Pedestrian Street in Da Nang

Set-up company in Da Nang

On July 15th 2019, representative of Mikazuki Group (Japan) had a meeting with Da Nang City People’s Committee on the investment plan of night market and pedestrian street, similar to Tokyo night street. Accordingly, Mikazuki Group’s leaders continue to affirm and commit to complete the construction of the onsen hot mineral water park at the … Read more

Many Large Businesses in Norway Want to Invest in Hanoi

Vietnam company formation

7 leading corporations and enterprises from Norway include ITS Noway, Pixii AS, Ruter, Avfall Norge, Cambi, Host, Tomra want to set up business in Hanoi, at the same time cooperate, invest and transfer the most advanced technology in Hanoi city. Chairman of the Hanoi City People’s Committee has just had a meeting with Innovation Norway … Read more

Why Japanese Companies will Increase Investment into Vietnam?

Set-up business in Vietnam

When Japan sought to diversify the investment other than to China, Vietnam emerged as attractive destinations for international investors. Within the last few years, companies doing business in China began diversifying its investment and reduce dependence on the China market. This is the result of increasing labor costs as well as the structural reforms taking … Read more