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Fintech, or financial technology, has revolutionized financial services and is acting as a catalyst in fostering economic growth in a quickly digitizing Vietnam. The country’s share of regional fintech investment increased from 0.4% in 2018 to 36% in 2019, putting it second only to Singapore (51%). The government is also promoting fintech in order to … Continued
The construction sector in Vietnam is one of the most lucrative sectors in the Asia-Pacific (APAC) region. Despite the impacts of COVID-19, it grew rapidly in 2020. In Q3 2020, the General Statistics Office (GSO) of Vietnam reported a 5.7% year-on-year growth in the construction sector. As a consequence, the cumulative growth rate for the … Continued
Foreign investors understand that Vietnam offers fascinating business and investment opportunities. Trading Owing to the government’s substantial support and trade agreements, as well as the increasing middle-income groups and changing consumer lifestyle, Vietnam’s trading sector has become an interesting market for international investors. Increasing number of foreigners are entering Vietnam to invest in trading companies … Continued
The low operating and labor costs, stable political environment, and rising economic prospects are why Vietnam is attracting both private and foreign investors to take part in its dynamic market. To start a business in Vietnam, foreigners have several options for legal entities to choose from. Among all, the representative office in Vietnam is one … Continued
Foreigners & Foreign businesses relocating to Vietnam are in ever-increasing numbers. Low living costs, wonderful working and living conditions, high salaries, diverse landscapes, and a growing economy are the main driving factors for relocating to Vietnam. Investing in Vietnam? Check Out Cekindo’s Company Incorporation Services If you are looking to make Vietnam your permanent home, … Continued
Investment in Vietnam has been multiplying in the past few years. Thanks to its fast and efficient response to the coronavirus pandemic, Vietnam has a speedy economic recovery compared to other countries in Asia. Despite the COVID-19 crisis, Vietnam’s GDP still showed positive growth with 2.91% in 2020, according to the General Statistics Office (GSO) … Continued
As production in China contracts due to high labor cost, US-China trade war, and Covid -19 pandemic, Vietnam is undergoing continued and unparalleled economic growth relative to other low-cost countries. Foreign investors are progressively doing business in Vietnam as a China plus one destination to tackle rising costs of production in China and different volatile … Continued
With a massive influx of foreign companies, rising disposable income, consistent economic growth, and a burgeoning demographic trend, the prospects of the healthcare industry in Vietnam looks promising. Read more about Cekindo’s Product Registration Services in Vietnam & Company Registration Demand in the healthcare sector is robust, resilient, and is less affected by economic fluctuations, … Continued
In an economy that is continuously changing, one industry that has remained dependable and almost eternal is the fitness industry. According to a study, Vietnam recorded the highest growth in obesity in Southeast Asia from 2010-14 with a 38% increase, according to Saigoneer. Find Out How Cekindo Can Help Set Up Your Fitness Business in … Continued
Foreign investors investing in Vietnam face great challenges while transferring money to Vietnam, specifically their client’s bank account in Vietnam. The challenges could ring from corporate taxes to a hefty stretch of processes that can take too much time. However, having a tax outsourcing company at your service end to handle the processes for you … Continued
Despite the challenges faced due to the COVID-19 and climate change, Vietnam’s economy still maintained significant growth. And the agriculture sector had a pivotal role in the growth of the country’s economy. In this article, we talk about how the striking recovery of the agriculture sector in Vietnam poses a promising business prospect for foreign … Continued
As Vietnam welcomes more micro-breweries, the country’s craft beer scene is booming. In the past two years, Vietnam has welcomed more than a dozen such breweries as the demand for craft beer has risen in the country. Furthermore Vietnam’s craft brewers are bringing in more international awards than their other Asian Counterparts. This shows a … Continued
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