Vietnamese instant coffee is not as well known or talked about as its filter-coffee counterpart but it is still very popular. Locally, instant coffee is found in most offices and households around the country. Furthermore, as one of the world’s biggest coffee producers and exporters, Vietnam is also known for

10 Key Manufacturing Hubs in Vietnam 2024: Overview

the-shiv August 19, 2024

Vietnam has emerged as a prominent manufacturing hub in Southeast Asia, attracting significant foreign direct investment (FDI) and driving economic growth. The country’s strategic location, competitive labour costs, and supportive government policies have contributed to its manufacturing prowess. Several key locations have emerged as focal points for industrial development and production.

Vietnam Clothing Suppliers: Quick Guide 2024

the-shiv August 18, 2024

Vietnam clothing suppliers are many and varied, producing any number of items of clothing from shoes to hats and everything in between. This is off the back of low labour costs and a long history of making clothing, both bespoke and mass manufactured. This has also seen this burgeoning Southeast

Vietnam’s Cosmetics Industry for Foreign Firms 2024

the-shiv August 17, 2024

Vietnam’s cosmetics industry has witnessed remarkable growth in recent years, driven by a burgeoning middle class, increasing disposable incomes, and a growing awareness of personal care. The country’s young and fashion-conscious population has fueled demand for a wide range of beauty products, from skincare and makeup to haircare and fragrances.

Vietnam’s Dairy Market 2024: Overview

the-shiv August 17, 2024

Looking ahead, the dairy industry in Vietnam is poised for continued expansion. Factors such as rising consumer awareness of dairy’s nutritional benefits, coupled with increasing urbanisation and changing dietary habits, are expected to fuel demand. However, the industry must also address challenges related to milk quality, supply chain efficiency, and competition to sustain its growth momentum.

Vietnam’s Food and Beverage Industry 2024

the-shiv August 17, 2024

Vietnam’s food and beverage–or F&B–industry has experienced remarkable growth in recent years, driven by a combination of factors including rapid urbanisation, rising disposable incomes, and a burgeoning middle class. The country’s rich culinary heritage, coupled with increasing consumer demand for diverse and convenient food options, has created a dynamic and promising market.

Vietnam Garment Manufacturing 2024: Ultimate Guide

the-shiv August 16, 2024

Vietnam garment manufacturing has come a long way in not so many years. In 2023, Vietnam took third place in terms of world market share of garment exports, sending nearly US$33 billion worth of garments and textiles all over the world, according to Vietnam’s General Department of Customs data. This

Consumer Goods in Vietnam: Industry Overview 2024

the-shiv August 15, 2024

Vietnam’s consumer goods market has experienced rapid growth in recent years, driven by a burgeoning middle class, increasing disposable income, and shifting consumer preferences. The country’s young and dynamic population, with a significant portion aged between 25 and 54, presents a lucrative market for a wide range of products.

Technology in Vietnam: Sector Overview 2024

the-shiv August 14, 2024

Vietnam is experiencing a technological revolution. Once primarily known for its manufacturing sector, the country is rapidly transforming into a tech hub. A young, digitally savvy population, combined with supportive government policies, has created a fertile ground for innovation. This burgeoning tech ecosystem is driving economic growth and societal change.

Vietnam Seafood Processing: Industry Overview 2024

the-shiv August 14, 2024

Vietnam is a major exporter of seafood products, with the US, China, Japan, and South Korea as primary markets. The industry offers a vast array of seafood, from shrimp and catfish to tuna and squid. Aquaculture has grown in importance, substantially contributing to overall seafood production. Employing millions, primarily women, the industry significantly impacts the socioeconomic landscape.

Manufacturing in Vietnam 2024: Ultimate Guide

the-shiv August 13, 2024

Vietnam’s manufacturing sector is in the middle of a boom period. In just over two decades the country has gone from relatively underdeveloped to a thriving hub of activity on the back of a manufacturing sector that has brought millions of jobs to the country. In fact, 86 percent of

Insurance in Vietnam: Industry Overview 2024

the-shiv August 13, 2024

Vietnam’s insurance industry has grown rapidly in recent years. As incomes have risen and Vietnam’s middle class has begun to accumulate valuable assets, the need for insurance has become readily apparent. This rapid rise of insurance products in Vietnam, is also partially attributable to several types of insurance being compulsory by law. This includes for motor vehicle owners and businesses in the construction sector.

Vietnam Furniture Manufacturing: Industry Overview 2024

the-shiv August 13, 2024

Vietnam has emerged as a significant global player in the furniture manufacturing industry. The country’s strategic geographic location, coupled with a relatively skilled workforce and competitive production costs, has positioned it as a preferred destination for furniture production and export. The furniture sector has experienced rapid growth, driven by increasing

Vietnam Ceramics Manufacturing: Industry Overview 2024

the-shiv August 13, 2024

Ceramic tile manufacturing has become a key industry in Vietnam and ceramic tiles have become a key export. With this in mind, this article looks at Vietnam’s ceramics market, ceramics exports, and ceramics manufacturers.

The Vietnam Stock Exchange: Ultimate Guide 2024

the-shiv August 12, 2024

Stock trading in Vietnam is a relatively new phenomenon. As a result, there are only a few products, with trading on Vietnam’s key stock exchanges generally limited to the basic buying and selling of stocks and bonds. That said, reforms are being passed frequently and Vietnam’s key stock exchanges are slowly moving to be more in line with international stock market standards.

Banking in Vietnam: Industry Overview 2024

the-shiv August 8, 2024

Banking in Vietnam is evolving and in many ways putting banking in Vietnam at the forefront of consumer banking product development. That said, the banking industry in Vietnam is among the most heavily regulated sectors. Not only that, core tenets of international banking often do not apply in this rapidly developing nation. With this in mind, it is fairly safe to say that, when it comes to banking in Vietnam, the country is carving out a unique path of its own.

Affordable Housing in Vietnam for Foreign Firms 2024

Huong Nguyen August 7, 2024

FDI can be a significant contributor to solving Vietnam’s affordable housing shortage, but it’s not a silver bullet. The development of affordable housing in Vietnam is hindered by a complex number of factors. Bureaucratic hurdles, land scarcity, and tightening credit conditions have created a challenging environment for both domestic and foreign developers, writes Huong Nguyen.

Vietnam’s Financial Sector for Foreign Firms 2024

the-shiv August 6, 2024

Vietnam’s financial sector accounted for about 4.09 percent of Vietnam’s GDP in 2023 this was down from 4.76 percent in 2022. From banking to insurance to bonds to stocks financial services and financial products have expanded rapidly in the last decade. There is, however, lots of room for the sector to grow and tangents still to develop.

Public Holidays in Vietnam 2025 for Foreign Firms

the-shiv August 6, 2024

Like most countries in the world, Vietnam has a number of public holidays. These are codified in the Labour Code 2019 under Chapter 7, Section 2, Article 112. This cheat sheet provides an overview of Vietnam’s public holidays including their length and the dates they fall on in 2025. For details regarding overtime rates and other leave entitlements that may apply on these public holidays see Vietnam’s Labour Code for Foreign Firms in 2025.

Vietnam’s Foreign Ownership Limits: Ultimate Guide 2024

the-shiv August 4, 2024

Vietnam has foreign ownership limits in a number of sectors. These sectors are outlined in Decree 31/2021/ND-CP which clarifies and adds detail to guidelines on foreign investment in Vietnam outlined in the Law on Investment 2020. All up there are 25 business lines in which no foreign investment is permitted