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Jumpstarting Tech Development and Startups in Vietnam
The world may not know much of Vietnam’s tech startup community, but the changes taking place within this community may soon bring it to the attention of investors and consumers throughout the world.
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Vietnam Rolls Out New Online Visa Processing System
Vietnam has brought out a new online Visa processing system. Foreigners will now be able to register and fill out visa application forms online. The official website can be found at: http://visa.mofa.gov.vn.
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Japanese Investment into Ho Chi Minh City on the Rise
Ho Chi Minh City (HCMC) has been seeing a large increase in foreign direct investment (FDI) in 2014. In the first two months of this year, the city has seen a dramatic increase of 226.1 percent in the FDI that has flowed into the economic center of the country.
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TPP and Regional FTAs to Boost Vietnam’s Leather Industry
Vietnam's leather, footwear, and textile industries are expected to benefit from the Trans-Pacific Partnership and other regional FTAs, according to statements made at a conference sponsored by Vietnam’s Department of Light Industry last month.
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Vietnam Applies “Single Door” Mechanism to Customs Process
Recently, Vietnam’s Ministry of Industry and Trade (MIT) has announced its intention to implement a national “single door” customs mechanism. The MIT believes that the implementation of the new online system will “facilitate smooth information flow, avoiding repeated information, reducing paper-work volume, promoting goods flow, saving time and cost[s] for [the] business community, and improving economic efficiency for society.”
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Vietnam Releases New FDI Statistics
Vietnam’s Foreign Investment Agency (FIA) has released new foreign direct investment numbers for this year up to February 20, 2014.
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Vietnam Issues New Work Permit Regulations for Foreign Employees
The Vietnamese government has recently released a new Circular on the procedures a foreign worker must adhere to in order to be considered for a work permit. Circular 03/2014 tightens the regulations for foreign workers seeking to come to Vietnam.
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Choosing the Correct VAT Calculation Method in Vietnam
In this article, we outline the two methods for value-added tax calculation in Vietnam and highlight key points of consideration for each.
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French Markets – Vietnam’s 2014 Export El Dorado?
For many years, France has been an increasingly popular export destination for Vietnam’s goods. In 2014, this trend has only increased in its importance.
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Vietnamese Regulations on Certificates of Free Sale
Regulations covering the Certificate of Free Sale (CFS) were devised under Decision No. 10/2010/QD-TTg promulgated on February 2, 2010. The laws went into effect on May 1, 2010 and required businesses to provide CFS that are issued by exporting countries or territories that verify that the product is manufactured and freely sold in the country where it is manufactured.