Vietnam’s ranking dropped by 10 places in the latest Corruptions Perceptions Index, despite its significant efforts in fighting corruption, as it needs to focus on a more comprehensive approach to tackle corruption. Read more to know about its index, regional comparison, and what more needs to be done.
Vietnam has issued new guidelines for the management of medical devices, which will impact foreign manufacturers and suppliers of medical equipment. Read more to know about the changes in classification, registration, and import regulations of medical devices.
Since January 1, 2019, enterprises in Vietnam need to self- inspect for compliance of the labor law. Read more to know about the scope of the inspection, employer obligations, and procedures to conduct the annual inspection.
The Voluntary Partnership Agreement between Vietnam and the EU will improve forest management, reduce illegal logging, and increase timber exports value. Read more to know about the agreement and how it will impact trade and forest management in Vietnam.
Supply chain shifts to Vietnam are gathering momentum, helped by China’s rising labor costs and the US-China trade war. Read more to know about the major industries that are already shifting and why Vietnam features prominently as a manufacturing alternative to China.
In 2018, Vietnam’s economy grew the fastest since 2011 at over seven percent, driven by the rise in domestic demand, investments, and trade. Read more to know about the major sectors, trade figures, investments, and growth forecast for 2019.
In Vietnam, finding a good distribution partner, which can play an invaluable role in establishing brand recognition, sales channels, and effective distribution networks is a challenging and time-consuming process. Read more to know how to find distribution partners and the business matching service process in Vietnam.
The Vietnamese government has set several socio-economic goals for 2019 focusing on economic growth, inflation control, trade, and investment. Read more to know about the 2019 goals and how it compares to the 2018 government targets.
Quang Ngai Province, with its low labor and land costs, ports, economic zones, and industrial parks, offers investors an opportunity to integrate into the early development phase of a province that is poised for rapid growth. Read more to know about the province, labor quality, industrial zones, infrastructure, and investment opportunities.
The China plus One Strategy in Vietnam, out now and available for download in the Asia Briefing Bookstore, explains the growing popularity of China plus one manufacturing. Read more to understand the market entry strategies, the differences between these locations, and the important role that rules of origin play for companies that are seeking to tap into Vietnam’s network of trade agreements.