The Middle Class of Vietnam Increased Sharply

Setting up company in Vietnam

The top concern of foreign investors seeking to expand their business in Vietnam is the growing middle class, an important part of the Vietnam consumer market. The middle class is not only an important part of the market, they are becoming the loyal customers of many foreign businesses, operating in all kinds of sectors in … Read more

German Investors Funded 15 Million USD for Kinh Bac to Implement Workshop Project

Vietnam company formation

The total investment value of the project is 33.4 million USD, equivalent to about 755 billion VND, which is invested in construction and development in industrial zones. According to information from Kinh Bac City Development Holding Corporation (KBC), the subsidiary of this unit is Kinh Bac Office and Workshop Trading One-Member Limited Company has just … Read more

Tetra Pak Construct 110 Million USD Packaging Factory in Binh Duong

Set-up factory in Vietnam

Tetra Pak (Sweden) has started construction of a 110 million USD packaging factory on an area of 10,000 m2 and a total capacity of 20 billion packages per year at Vietnam – Singapore Industrial Park II – A (Binh Duong). This information has been announced since the end of 2016. The factory is expected to … Read more

IHI Corporation (Japan) Wants to Participate in Transportation Projects in Hai Phong

Trade promotion in Vietnam

Japan is a familiar investor in the Vietnamese market, many Japanese companies have set up business in Vietnam and IHI Corporation is not an exception. Recently, Hai Phong People’s Committee has been working with the delegation of IHI Corporation (Japan) to explore opportunities to participate in transportation projects in Hai Phong. At the meeting, Mr … Read more

Passing Thailand, Singapore, Vietnam Leads the Region in The PMI Index

Setting up company in Vietnam

Vietnam’s Purchasing Managers’ Index (PMI) has risen from 51.8 in August to 53.3 in September. Nikkei evaluated that the business conditions of the month had a strong improvement, achieving the best speed since April. Accordingly, the health of this field is positive during the past 22 months. Ranking the countries according to the PMI index … Read more