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How to Open a Hotel in Vietnam: Ultimate Guide 2024
How to Open a Factory in Vietnam: Ultimate Guide 2024
How to Open a Supermarket in Vietnam: Ultimate Guide 2024
How to Form a Company in Vietnam: Technical Guide 2024
How to Start an English Centre in Vietnam: Ultimate Guide 2024
How to Start a Business in Vietnam: Ultimate Guide 2024
How to Export Coffee from Vietnam: Ultimate Guide 2024
How to Import Coffee to Vietnam: Ultimate Guide 2024
How to Open a Gym in Vietnam 2024: Ultimate Guide
How to Open a Bar in Vietnam 2024: Ultimate Guide
How to Open a Restaurant in Vietnam: Ultimate Guide 2024
How to Open a Cafe in Vietnam: Ultimate Guide 2024
Vietnam Airports: Foreign Investors Guide 2024
Vietnam Seaports: Foreign Investors Guide 2024
Minimum Wage in Vietnam 2024: Your Questions Answered
Logistics in Vietnam: Ultimate Guide (2024)
Gambling in Vietnam: Foreign Investor Quick Read 2024
Public Holidays in Vietnam 2024: Cheat Sheet
Corruption in Vietnam: Cheat Sheet 2024
Tax in Vietnam 2024: Quick Read
Value Added Tax in Vietnam 2024: Quick Read
Corporate Income Tax in Vietnam 2024: Quick Read
Personal Income Tax in Vietnam 2024: Quick Read
Vietnam Special Consumption Tax 2024: Quick Read
Video Games in Vietnam: Cheat Sheet 2024
English News in Vietnam: A Quick Guide 2024
Vietnam’s Imports and Exports, March 2024: Snapshot
Vietnam’s Imports and Exports, February 2024: Snapshot
Snapshot: Manufacturing in Vietnam, February 2024
Vietnam’s Economy, February 2024: Snapshot
Snapshot: Manufacturing in Vietnam, January 2024
Vietnam’s Stock Market, January 2024: Snapshot
Vietnam’s Economy, January 2024: Snapshot
Snapshot: Manufacturing in Vietnam, December 2023
Vietnam’s Stock Market, December 2023: Snapshot
Vietnam’s Economy, December 2023: Snapshot
Harnn, a Thai cosmetics brand, has opened its first store in Vietnam in Hanoi, selling personal care and beauty products, Inside Retail is reporting. The brand is also planning to open a second store in Ho Chi Minh City later this year.
Vietnam’s retail and cosmetics sectors have experienced high growth in recent years in line with rising disposable incomes. Regional cosmetics brands in particular have been successfully supported by similar cultural beauty values.
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Five of the six firms investigated were found to be subsidised to the tune of 237.65 percent. Notably, four of these firms failed to respond to the DOC’s request for information at all, and one failed to provide all of the information requested. The sixth, Go-Pak Paper Products Vietnam, the only company to sufficiently engage with the DOC, was found to be subsidised by just 5.48 percent…
The Vietnam Stock Market Tracker provides a daily update of the latest developments in the stock market in Vietnam. This includes all of Vietnam’s most important indexes as well as the buying and selling activity of foreign traders, and the biggest gainers and loser for the day.
This Vietnamese Dong Tracker records the latest news and developments with respect to the local currency. It includes the current prices as well as State Bank of Vietnam monetary policy and open market operations including treasury bill issuances and interbank lending.
Of note, bond market reforms issued at the end of 2022 resulted in the bond market freezing up with issuances reduced to a trickle. These reforms were then put on hold in March of 2023 and the bond market bounced back. They did, however, come to an end at the end of last year and this looks to be reflected in bond issuances in the first six months of the year which have been lacklustre at best– at least they were until June…
Of note, in 2013, Trang Due Industrial Park, where the complex is located, gained official approval from the Prime Minister to become part of the Dinh Vu-Cat Hai Economic Zone giving the park access to government incentives only offered to approved Economic Zones. For example, firms in the past have been eligible to pay no taxes for the first four years, and a ten percent tax rate for the following 15 years. That said, in response to the OECD’s Global Minimum Tax initiative, Vietnam’s National Assembly passed Resolution 107 late last year, which will see multinational companies paying less than 15 percent tax, required to make up the difference via a top up the tax mechanism…
Contrary to the trend of foreign investors net selling billions of dollars from HoSE in 2024, foreign investors have been net buyers of DSE shares. Notably, Consilium Investment Management from the USA net bought more than US$ 6.6 million shares on July 2, accounting for more than 2 percent of DNSE’s value. Earlier in January, Finland’s Pyn Elite Fund also invested in DNSE buying 12 percent of the firm’s equity. As of July 5, foreign investors held 13 percent of DNSE’s shares–as a securities firm there is no foreign ownership limit…
Of note, the Vietnamese luxury watch market generated a revenue of US$110.80 million in 2024, with a projected annual increase of 2.71 percent over the next four years, according to Statista. This surge is being driven by Vietnam’s thriving economy and rising disposable incomes…
Similarly, the Vietnamese e-commerce market for products targeting middle-aged consumers is experiencing significant growth too, particularly in the fashion sector. This includes clothing, shoes, bags, and wallets for both men and women…
Of note, it was announced at the beginning of June that Toyo had managed to secure a US$980 million loan from Exim Bank. This announcement, however, was met with some concern on account of the fact that Vietnam has signed up to a Just Energy Partnership Agreement worth US$15.5 billion to be used to reduce its dependence on coal…