The government has announced new incentives such as corporate tax cuts and exemptions, credit incentives, and exemptions or reductions in land and water surface lease fees for science and technology enterprises. Read more to know about government support and incentives which aims to promote scientific and technological research and development.
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.
Last year, investments in Vietnamese startups almost tripled compared to 2017, with domestic investment funds accounting for more than half of the total investments. Read more to know about the major deals, investments funds, and major sectors in the startup market.
With its rich heritage and diverse geography, Vietnam’s tourism industry continues to rank amongst the fastest-growing tourist destinations. However, much more needs to be done, if Vietnam wants to fully realize the potential of the tourism industry. Read more to know about the major destinations, industry revenue, international tourists, government policies, industry challenges, and growth forecast.
Vietnam’s retail sales and consumer services grew by 11.7 percent in 2018, driven by the growth in domestic demand and the tourism industry. Read more to know about the major economic activities in the sector and their growth forecast till 2025.
Vietnam’s wood exports, accounting for six percent of the global market share, are expected to reach a record-high in 2018. Read more to know about the wood processing industry, exports, major processing regions, and the impact of upcoming trade agreements and government programs.
Socio-economic challenges have created a demand for NGOs in Vietnam. However, one needs to carefully study and understand the complicated regulatory environment in the country before setting up an organization. Read more to know about the types of NGOs, application procedures, and prohibited activities.
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.
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.