Vietnam’s banking sector has been rapidly growing in recent years, attracting the attention of foreign investors. The country’s economy has been consistently performing well, with the government’s focus on reforms, liberalization, and market-oriented policies. In this article, we will look at the opportunities and risks associated with investing in Vietnam’s banking sector. Overview of banking […]
Vietnam has seen a surge in foreign investment over the past few years. The Vietnamese government has been actively encouraging foreign investment in the country through various means including offering tax breaks and streamlining the investment process. However, there have been cases where the Government of Vietnam has revoked Investment Registration Certificates granted to foreign […]
Foreign investors have the option to set up a commercial presence or purchase shares of an existing financial institution in Vietnam. In Part 2 of the regulations for foreign banks setting up a presence in Vietnam, we will provide a more detailed view of the specific requirements and procedures that foreign banks must follow to […]
Foreign banks are expanding their presence in Vietnam due to the country’s strong economic growth and increasing demand for banking services. The State Bank of Vietnam requires foreign banks to adhere to specific regulations and guidelines to operate in Vietnam. Foreign investors can establish a commercial presence or purchase shares of an existing financial institution […]
Vietnam has become an increasingly attractive market for businesses looking to expand their reach in Southeast Asia. As a result, advertising in Vietnam has seen a significant shift towards cross-border and digital contexts, enabling businesses to connect with Vietnamese consumers through various online channels. This shift has increased the complexity of advertising regulations and practices, […]
Currently, trade in goods is growing with the goal of boosting the economy. Therefore, in order to avoid foreign private enterprises and contractors enjoying 100% of interest and revenue from Vietnam without having to pay additional fees from business activities, FCT tax was born. So what is Foreign Contractor Tax and how is FCT tax […]
Vietnam has introduced regulations for Data localization in an effort to increase data security within the country. All foreign investors operating in Vietnam must prepare for the implementation of this regulation, which will impact their business operations. What’s in the Data localization Regulation? Vietnam’s Cybersecurity Law was enacted on June 12, 2018 and came into […]
Vietnam has rapidly become a popular destination for foreign investors seeking to expand their global business ventures and tap into the country’s growing economy. Foreign Direct Investment (FDI) is a crucial component of Vietnam’s economic growth, contributing significantly to job creation, technology transfer, and exports. However, navigating the legal framework and regulations surrounding the transfer […]
Investors aiming to establish foreign-invested enterprises in Vietnam’s aquaculture sector must be familiar with market access conditions and procedures. In recent years, the Vietnamese government has eased restrictions on foreign investments, opening up the market and increasing competitiveness. However, investors must comply with specific regulations and guidelines, and the establishment process may vary depending on […]
Vietnam has great potential for aquaculture development. The coastline is more than 3,260 km long with 112 estuaries and creeks with rich potential for brackish and salt water aquaculture. The system of rivers and canals of our country is very diverse and interlaced with up to 15 rivers with a basin area of 300 km2 […]
