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Vietnam and France Increase Business Ties
In Ho Chi Minh City this week there has been an influx of businessmen and women from over 600 Vietnamese and French companies, in areas ranging from technology and food processing to construction, cosmetics and consumer goods, due to the “Vietnam-France Business Forum.” The forum, which started on April 8th, aimed to foster the development of international partnerships between Vietnamese and French companies.
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Types of Work Visas for Vietnam in 2022
There are different types of work visa for different types of work in Vietnam. Here's a quick overview.
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Vietnam’s Prime Minister Prioritizes Support for Production and Business
Apr. 4 – Vietnam’s Prime Minister Nguyen Tan Dung urged ministries to prioritize supporting production and business at a recent cabinet meeting. The monthly review of socio-economic performance for the first quarter of the year highlighted a number of positive achievements, particularly in the service and export sectors. The first quarter recorded a 4.89 percent […]
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Social Security in Vietnam: Social Insurance
HANOI – When operating their business in Vietnam, foreign companies must ensure that they understand the legal framework which provides for the rights and obligations of employers and employees with respect to social security. There are three types of mandatory social security in Vietnam: social insurance, health insurance and unemployment insurance. This article will provide an overview of social insurance in […]
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Vietnam to Change PPP Laws
The amendment proposes an expansion of the current PPP laws to cover new sectors including agriculture, offices, culture and the construction of markets. Other changes will result in an additional number of incentives for investors.
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Vietnam’s GDP Growth Slowest in Decade
Mar. 29 – Vietnam’s government has estimated that its gross domestic product (GDP) has grown by 4.89 percent year on year during the first quarter of 2013. For comparison, Vietnam’s GDP grew by 5.44 percent during the fourth quarter of 2012. 2012 marked the slowest annual growth period in Vietnamese history since 1999 as its […]
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FDI Grows in First Quarter
Mar. 29 – The Vietnam General Statistics Office (GSO) recently announced that foreign direct investment (FDI) into Vietnam in the form of newly registered and additional capital reached US$6.034 billion in the first quarter of 2013, up 63.6 percent year on year. US$5.4 billion was invested in March alone.
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Licensing Procedures for Foreign-Invested Enterprises in Vietnam
Mar. 25 – As part of establishing a 100 percent foreign-owned enterprise (100% FOE) or a joint venture (JV) in Vietnam, a foreign investor must go through a series of licensing procedures before being entitled to conduct business in Vietnam. An investor must first engage in an investment project and prepare an application dossier (file) […]
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Vietnam, EU Continue FTA Negotiations
Mar. 20 – A proposed free trade agreement (FTA) between the European Union (EU) and Vietnam hopes to bolster bilateral trade between the regions. Negotiations for the FTA, which began last June, are expected to be finalized by the end of 2015. The FTA negotiations focus mainly on removing tariff and non-tariff barriers to trade […]
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ESOMAR Asia Pacific Conference To Explore “Asia on the Move”
Mar. 20 – ESOMAR, the world association for market, social and opinion researchers, will return to Asia to host it’s 14th regional conference in Ho Chi Minh City, Vietnam. The event, entitled “Asia on the Move” will explore the paths marketers, market researchers and brand specialists can take to connect deeper with companies and consumers […]