Cekindo Vietnam is becoming Incorp Vietnam. Learn more.
Lean manufacturing is a production model based on the idea of increasing productivity and reducing waste while manufacturing. If there’s anything that doesn’t augment the worth of the product in terms of cost, it is considered a waste as per the lean manufacturing principle. The lean manufacturing methodology currently implemented encompasses various manufacturing principles that … Continued
To regulate e-commerce activities and platforms, a draft decree with No. 52/2013/ND-CP (Decree 52) was introduced with some amendments by Vietnam’s government. This decree will cover and must be implemented on local as well as foreign businesses in Vietnam. The purpose of amending the decree is to improve tax collection regulations and management. Read more … Continued
A representative office in Vietnam serves as one of the ways a foreigner or a foreign company can establish its presence in the Vietnamese market. This type of company is regarded as a dependent local structure of its foreign parent company. A foreign company often opts for a representative office in Vietnam to have a … Continued
A foreign company planning to expand its business in Vietnam can benefit substantially by setting up a representative office. For example, no capital is required and you are allowed to open a bank account in the country. Furthermore, you can hire both local and foreign employees and handle sales and delivery under your parent company. … Continued
middle-class population and young workforce. Moreover, the increment in pay levels along with the fast development of the retail industry has made Vietnam a viable option for investment and growth by the third-party (3PL) and the fourth-party (4PL) logistics sector.
Foreigners across the globe have been flocking to Vietnam since the 1990s to invest in the country. For many entrepreneurs, now is the best time to set up a business in Vietnam because the purchasing power in the country has gone up; and the Vietnamese are ready to spend their money on products and services. … Continued
To address climate change threats, Vietnam and many other countries have committed to reducing toxic fumes by attempting to reduce and neutralize carbon footprints by 2050. This is directly reflected in the countries’ aggressive investment in alternative energy sources, especially wind and solar.
By 2025, the Fintech industry in Southeast Asia is predicted to exceed USD 1 trillion in transaction value. At the moment the size of the Fintech Industry is valued at a whopping 11 Billion USD (as of 2022), according to a recent report. Increasing innovation will lead to digital lending becoming the primary revenue source … Continued
Vietnam, a land full of vibrancy startup scene and energy of venture capitalists, reminds people of the Silicon Valley in its earlier stages. The country is now fast becoming an internationally-known tech hub, with attractions including a young, quality and well-educated labor force, generous tax incentives, and open visa programs. Read About Cekindo’s Company Registration … Continued
From industries ranging from transport and AI to fintech, Vietnam’s dynamic startup landscape has nearly doubled in size since the start of COVID-19. As a result, it has attracted a large number of foreign venture capitalists (VCs) in the country, as well as fostered local growth for venture capital creation. This has created a highly … Continued
Vietnam cosmetics market has become burgeoning investment heaven for many local and foreign investors. According to Statista.com, the cosmetics demand in Vietnam has spiked shockingly, with cosmetics import increased more than twice the amount since 2010: US$ 355 million in 2010 compared to US$ 790 million in 2018. Furthermore, due to increasing demand for cosmetic … Continued
Vietnam has the fastest-growing middle class in Southeast Asia, fueling demand for consumer goods, including those of an expensive nature. Despite the COVID-19 pandemic negatively impacting sales in 2020, a strong bounce back in 2022 means the revenue of the luxury cosmetic market in Vietnam is expected to increase as consumers begin to regain confidence … Continued
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