The website of Forbes has recently published the article of author Ed Fuller with the title “Vietnam is ready to become the next economic tiger of Asia.” Like South Korea, Taiwan and China, Vietnam is having many base advantages. According to the economic report till August of 2016, foreign direct investment (FDI) into Vietnam has … Read more
Natural beauty of Phu Quoc, the policy mechanisms and long-term orientation are reasons why this island attracts many major investors. 2015 is considered to be a difficult year for the tourism industry as the number of tourists coming to Vietnam decreased compared to the previous year and also the first year that the number of … Read more
Samsung has become the largest investor in Vietnam by setting up factory to produce electronics products in Vietnam and then export to more than 50 countries in the world. According to Mr Hyun Woo Bang – Deputy General Director of Samsung Vietnam, the cheap and abundant labor source is not the main reason leading to … Read more
In 10 months of this year, Can Tho has granted license for 5 new foreign direct investment (FDI) projects with a total investment of about 17.1 million USD. These projects focus on sectors as manufacturing dried rice bran for export; repair and maintenance of agricultural/industrial machinery, commerce, processing industry and cinema. Also in the past … Read more
Vietnam is attracting foreign specialists to visit, live and work as expatriates due to stable political, improved environment for doing business. As such, Vietnam has becoming an attractive destination for setting up business and factory in comparison with other countries in the region due to the capability to attract managements and talents. Vietnam topped the list … Read more