Category: Doing Business in Vietnam
-
Navigating the Vietnamese Market: Critical Insights for Foreign Businesses
As Vietnam continues to position itself as a key player in the global market, many international companies are looking to enter this dynamic economy. However, success in Vietnam requires more than just attending trade exhibitions or scheduling a few business meetings. For any foreign enterprises aiming to establish a foothold in Vietnam, understanding the local…
-
Vietnam’s Automotive Industry: A Hotspot for Global Investment and Growth
Vietnam’s automotive industry is quickly becoming a major attraction for global investors, especially Chinese automakers. With companies like Geely, Great Wall Motor, and BYD entering the market, alongside Tasco and Thanh An Group, the stage is set for unprecedented growth and transformation in the sector. On September 24, 2024, Geely signed a contract with Tasco…
-
Vietnam’s Automotive Surge: Opportunities for Investors
Geely has officially entered the Vietnamese market! On September 24, 2024, Geely signed a contract with Tasco to begin manufacturing Geely and Lynk & Co vehicles in Vietnam. Great Wall Motor is also set to partner with Thanh An Group to establish production by the end of 2025. Chinese automotive giants like Geely, Chery, BYD,…
-
Vietnam Business Culture: Etiquette, Relationships, and Challenges
If you’re looking to expand your business globally, Vietnam is a prime destination. With a booming economy and progressive political reforms, this Southeast Asian nation offers exciting opportunities for entrepreneurs. Vietnam’s infrastructure is highly developed, boasting some of the fastest internet connections in Asia. The country provides accessible business-friendly regulations, allowing for foreign ownership and seamless trade with minimal paperwork. Add to this…
-
Why Vietnam is a Great Place for Business Expansion
Vietnam offers a wealth of opportunities for entrepreneurs looking to expand their businesses internationally. With a rapidly growing economy, significant political reforms, and a business-friendly environment, the country stands out as a prime destination for global companies. Vietnam’s infrastructure is impressive, featuring some of the fastest internet speeds in Asia and providing excellent access points…
-
Vietnam Business Networking: Key Strategies for Success
In today’s globalized economy, networking plays a critical role in building successful business ventures, especially in Vietnam. For both local and international businesses, forming strong connections is essential for navigating the unique market dynamics of this fast-growing Southeast Asian nation. Whether you’re an entrepreneur entering Vietnam or a business looking to expand, understanding why and…
-
Vietnam’s Supporting Industries: Challenges, Opportunities, and Government Initiatives
Despite the significant attention and priority given by the Party and State to developing the supporting industry, along with numerous investment incentives, there are still challenges and limitations in its progress. Supporting industries serve as the backbone of any major industry by providing essential parts, components, and technical processes. But what exactly is a supporting…
-
Unlocking Vietnam’s IT Talent Pool: Skilled Workforce Insights
1. Rising Star in IT Outsourcing Vietnam has emerged as a key player in the global IT outsourcing landscape. Here’s why: 2. Skilled Workforce Vietnam boasts a talented pool of IT professionals: 3. Cost Efficiency Vietnam offers cost-effective solutions without compromising quality: 4. Government Support Vietnam’s government actively supports the tech industry: 5. Tech Growth…
Lean Innovation Technology Co. Ltd. 