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2023.09.19 Vietnam
Foreign Direct Investment in Vietnam - The High Tech Sector
Vietnam is rapidly emerging as a dynamic global economic powerhouse, with a unique set of factors propelling its growth. A recent report titled 'Vietnam: A Global Engine of Growth,' released by Golden Gate Ventures and Boston Consulting Group, underscores Vietnam's pivotal role in reshaping ASEAN and the global economy.
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2023.09.15 Vietnam
Set up company in Vietnam: the Southern Key Economic Region
Over the past twenty years, Vietnam has established four Key Economic Regions (KERs): Northern, Central, Southern and the Mekong Delta regions, which comprise of the main investment and economic zones of the country. In our previous articles, we discussed the characteristics of the Northern Key Economic Region (KER), which is a strategic area for companies pursuing a China+1 strategy.
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2023.08.07 Vietnam
Regulations on Overtime for workers in Vietnam
In today's dynamic and competitive business landscape, companies in Vietnam often face increased work demands, necessitating overtime from their employees to meet deadlines and operational requirements. However, it is crucial to recognize that overtime for workers in Vietnam is subject to specific regulations.
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2023.07.10 Vietnam
How to Set Up a Representative Office of a Foreign Company in Vietnam
A Representative Office (RO) is a popular choice for foreign companies looking to establish a presence in the Vietnamese market at a relatively low cost. It serves as a stepping stone for enterprises who want to gain a better understanding of the Vietnamese business environment before committing to larger investments.
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2023.06.08 Vietnam
Remote Work in Vietnam: Risks for the Employer and Best Practices
In response to the COVID pandemic, numerous countries, including Vietnam, have adopted remote work as a trend due to social distancing requirements. Post-pandemic, this pattern has continued due to the advantages it offers, such as reduced rental fees and office building requirements as people are not compelled to work in-house. Workers enjoy a more open atmosphere compared to traditional working practices since they are not subject to direct on-site supervision.
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