In February 2024, Vietnam adopted a new Construction Industry Development Strategy for 2030 – 2045, aiming to boost the construction market, especially in urban infrastructure and housing. The strategy prioritizes key infrastructure projects in major cities and sets ambitious goals for housing construction, including doubling urban housing rates by 2030 and building 1,000,000 housing units
In today’s globalized business landscape, companies come to manage labor disputes. The intricate interplay of local laws, cultural nuances, and procedural requirements significantly shapes the resolution process. This article embarks on a comparative journey through four distinct jurisdictions—China, India, Italy, and Vietnam—to illuminate the strategies and challenges involved in addressing labor disputes. Central to this
Over the past 30 years, foreign direct investment (FDI) has played a crucial role in the socio-economic development of Vietnam, enhancing the position and reputation of Vietnam on the international stage. Particularly, in 2023, the FDI inflow reached a record high, marking the highest level in the past 5 years since 2019.
In recent years, on account of Vietnam’s rapidly development of new technologies along with strong digitization of banking products and services have contributed to promoting and attracting a significant number of users to shift from offline to online method of payment, using various cashless payment methods.
Relationships between Vietnam and the Popular Republic of China (PRC) were formally established in the early 1950’s, with 73 years of history and 19 major conferences up to now.
As Vietnam’s economy has been deeply integrated with its participation in various free trade agreements so as to promote trade, it is imperative for foreign investors to consider on registering their trademarks in the territory to obtain an independent and exclusive right of use which may be used to challenge infringements and counterfeits by third parties in Vietnam. In another words, trademark registration is a necessary tool for a foreign investor to protect its brand and commercial reputation.
The Mekong Delta Key Economic Region (KER), which includes Can Tho, An Giang, Kien Giang and Ca Mau, offers strategic advantages, investment opportunities and a unique potential for both domestic and foreign stakeholders.
Vietnam is actively seeking to bolster its ability to attract high-caliber international talent while simultaneously safeguarding the interests of its domestic workforce.
With technology evolving fast, buying and selling online has become much easier. In Vietnam, the online shopping market is growing and the distance between buyers and sellers has diminished, as a result of which a seamless connections is established.
