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Day: April 24, 2024

How to Open a Factory in Vietnam: Ultimate Guide 2024

Low-cost labour, tax incentives, and a broad drive among manufacturers to diversify their supply chains have seen factories proliferate all over Vietnam. Opening a factory in Vietnam for foreign firms or individuals, however, is not always easy. Not only are there several technical requirements that need to be met, but

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How to Open a Supermarket in Vietnam: Ultimate Guide 2024

Shopping at supermarkets in Vietnam is becoming increasingly popular as wages rise and the variety of products on offer expands. This presents a range of opportunities for foreign supermarket chains. Opening a supermarket in Vietnam for foreign firms, however, is not always easy. Not only are there a number of

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The State Bank of Vietnam lent out US$1.4 billion Tuesday

Reported in Vietnam Biz, this is a huge sum of money relatively speaking. With the State Bank also continuing to issue treasury bills to suck money out of the economy and reduce pressure on the exchange rate, t looks very much like there is an interbank lending problem–the specifics of

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World Bank forecasts 5.5 percent growth for Vietnam: Report

The World Bank’s April Taking Stock Report is forecasting GDP growth for Vietnam of 5.5 percent. Whereas the publication mostly rehashes the standard reasons why it expects GDP growth to improve–more demand overseas and stronger FDI it also offers a chapter on entrepreneurship and startups. 

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