The US and Vietnam need to resolve issues such as trade deficit, catfish trade, and Vietnam’s market economy status to further strengthen their trade relations. Read more to know about the major trade issues and the importance of a strong bilateral relationship.
Generation Z, the next demographic wave of shoppers wield immense spending power in Vietnam. Investors need to adapt their marketing strategies to the evolving consumer needs. Read more to know about the next generation of consumers, shopping habits, and the need for a shift in marketing strategies.
The government has increased the feed-in-tariffs for wind energy projects, which are already in effect since 1 November 2018. The new tariffs will ensure that the projects are more commercially viable for developers. Read more to know about the increased tariffs and the wind energy industry.
Vietnam’s average wages grew over 10 percent in 2017, with the private sector witnessing the highest growth, while the state-owned enterprises continue to have the highest salaries. Read more to know about the average wages, regional differences, the impact of FDI, and economic sectors with rising wages.
The government has issued the new Social Security Scheme for expatriate workers which will be in effect from December 1, 2018. Read more to know about the changes in contributions, payout options, and expat concerns.
Demand for all forms of healthcare in Vietnam is growing. Even the mental healthcare sector which is facing challenges such as social stigma, limited resources, and lack of medical professionals, offers opportunities for foreign investors. Read more to know about the industry, mental health care issues, and businesses opportunities.
Vietnam continues to reform its food safety regulations to reduce technical barriers and align itself with international practices. Read more to know about the food safety regulations and steps businesses should take to ensure compliance.
Vietnam’s economy grew the fastest since 2011 in the first three quarters of 2018, largely driven by the industry, construction, and services sector. Read more to know about the economic expansion, industry growth, trade, FDI, and the major challenges for the next year.
Vietnam and the AIIB are working closely to meet the capital requirements in financing infrastructure investments in the country. Vietnam needs to strengthen its legal framework and the AIIB needs to increase financing if the country wants to meet its socio-economic development goals.
Vietnam has issued new rules simplifying the administrative procedures for business registration. Read more to know about the new provisions covering the application process, conversion of enterprises, charter capital, business locations, and other registration procedures.