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Vietnam’s Digital Infrastructure Strategy: Opportunities for Foreign Investors

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Vietnam’s Digital Infrastructure Strategy, approved in October 2024, identifies priority areas for investment, providing clear guidance for foreign firms looking to engage with Vietnam’s growing digital economy.

Vietnam Draft Decree on Rooftop Solar Power: New Opportunities on the Horizon for Investors

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Vietnam’s rooftop solar sector is poised for significant investment growth with the release of a new draft decree in early October 2024. This article examines the proposed changes in the decree and how they are expected to facilitate commercial and foreign investment opportunities in the country’s renewable energy sector and technology firms.

Vietnam Construction Sector Grows by 7.48% in First Nine Months of 2024

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The construction sector in Vietnam has shown significant growth during the first nine months of 2024, registering a 7.48 percent increase compared to the same period in 2023.

Foreign Contractor Tax in Vietnam: A Complete Guide

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Vietnam’s foreign contractor tax is a withholding tax that may affect your business if you’re working with a Vietnamese company or sub-contractor. Here’s how.

Resurgence of Enterprises in Vietnam in First 9 Months of 2024

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Nearly 121,900 new enterprises were established in the first nine months of this year in Vietnam, with total registered capital at around 1.158 quadrillion VND.

Bac Ninh Attracts Most FDI in Vietnam During First 9 Months of 2024

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Bac Ninh province has emerged as a leader in foreign direct investment (FDI) attraction in Vietnam, securing over US$4.2 billion in investments from January to September 2024.

An Introduction to Vietnam’s Leading Import and Export Industries

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We discuss Vietnam’s top import and export industries, including electronics, pharmaceuticals, coffee, automotive, and textiles.

Proposed Vietnam Industrial Classification System Prioritizes Green Economy

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The Ministry of Planning and Investment (MPI) is inviting public comments on a draft decision from the Prime Minister regarding the establishment of a new Vietnam Standard Industrial Classification System (VSIC). A key feature of this system is the inclusion of a National Green Economy framework, aimed at promoting sustainable practices in Vietnam’s industrial sectors.

Major Upgrade of Vietnam’s Port System Under Decision No. 442/QD-TTg

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Vietnam aims to upgrade its port system by 2030, targeting an annual cargo capacity of 1.25 to 1.5 billion tons per Decision No. 442/QD-TTg.

IMF Projects 6.1% Growth for 2024 for Vietnam Amid Challenges

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In its September report, the IMF revised its GDP growth forecast for Vietnam in 2024 up to 6.1%, with GDP reaching US$468.5 billion.

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