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Vietnam ninth most robust data centre

Vietnam is ranked the ninth most robust data centre market in the Asia-Pacific, according to the Data Centre Competitive Index 2019 released this week by global real estate services firm Cushman & Wakefield. According to Lynus Pook, Cushman & Wakefield director for leasing, the economically active population in the Southeast Asian markets of Vietnam and […]

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Vietnam a bright spot amid trade tensions: economists

VIETNAM is expected to be one of the world’s fastest growing economies in 2019, and a key destination for manufacturers relocating due to trade tensions between the United States and China, UOB economists said in an Aug 20 research note. With robust domestic demand and increasing foreign direct investment (FDI), they forecast 6.7 per cent growth for […]

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Culture shock jolts 60% of foreign workers in Vietnam

The Hanoitimes – The survey on “Overseas candidates: Expectation and challenges when working in Vietnam” was carried out on overseas respondents from different continents and working positions. As many as 60% of foreign respondents, who are working in Vietnam experience culture shock regarding “social value system” due to the lack of preparation through special training courses […]

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New FTAs facilitate Vietnam’s FDI attraction

The Hanoitimes – The EVFTA will help Vietnam improve the quality of foreign investment, attracting more capital in a number of industries in which the EU is strong such as processing and manufacturing, hi-tech applications, clean energy and financial services. New free trade deals, especially the Europe-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive […]

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Vietnam slashes business license fee to spur economic growth

The new adjustment is revealed as part of a recently-released circular of the Ministry of Finance, prescribing the rates of charges for provision of enterprise information and fees for enterprise registration. The business license fees, including new issuance, renewal or modification, in Vietnam would be slashed by a half, starting September 20, as the government […]

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