What should investors bear in mind regarding the auction of land use rights in Vietnam?

The land is a natural resource, a type of property - a unique commodity generated by nature, a means of production, and a valuable capital of the nation and the land user. In fact, land resources have benefited the state, users, enterprises, and society as a whole. Thus, the auction of land use rights is […]

Recently, the Prime Minister has announced Decision 667/QD-TTg on authorizing the Foreign Investment Cooperation Strategy (FICS) for the period 2021-2030. The plan is considered to have created several new opportunities for foreign investors. Current FDI inflows into Vietnam According to the assessment of the IMF, Vietnam is an economy that has and will have positive […]

In the beginning of 2023, the Vietnamese government approved and issued several new policies and legal documents. Thus, on doing business in Vietnam, investors are advised to bear in mind and update released regulations on a regular basis. In this article, Viettonkin will provide up-to-date legislations that are in effect soon, along with giving some […]

Foreign remittances continue to contribute to the socio-economic growth of Vietnam as more investment opportunities present themselves to the overseas Vietnamese community. Overview Remittances have been growing rapidly in the past few years to become one of the potential resources for global socio-economic development, especially in the context of high capital demand for economic recovery. […]

Recently, the Vietnamese Government has approved Decree 20/2022/ND-CP (Decree 20), which demands construction contractors and investors to ensure the compulsory insurance for on-site workers, along with the compulsory civil insurance for surrounding residents and assets in construction investment activities. This new Decree amends and supplements the previous Decree 119/2015/ND-CP (Decree 119), valid from 01/07/2022.   Specific […]

“Real estate and retail are two important fields for people, but no business has a comprehensive solution to this problem,” said Mr. Dinh Viet Hung, Chief Information Officer (CIO) of One Mount, explaining why this corporation decided to research and provide solutions for two essential areas of the majority of Vietnamese people. This is also […]

Hanoi is one of the biggest, and fastest growing investment destinations in Vietnam. In recent years, the city has taken a holistic approach in improving its business environment. The city is rapidly developing its logistics infrastructure, industrial infrastructure and satellite areas. From the perspective of an investor, these changes bring unprecedented opportunities due to improvements […]

City Momentum Index 2020 of Jones Lang Lasalle (JLL) identifies the world’s most dynamic cities from a real estate perspective. According to the index, Ho Chi Minh City (HCMC) ranked third among top dynamic cities in the world. The dynamism of HCMC shows a promising picture for investment opportunities. Such potential is illustrated by the […]

In recent years, the prospect of attracting foreign direct investment (FDI) in Vietnam has been bright, as many large, medium, and small investors from developed countries have gradually diverted investment into Vietnam. Among them, overseas Vietnamese are receiving increasing attention and encouragement from the Vietnamese government to not only promote Vietnamese products and services but […]

The Vietnam freight and logistics market is classified according to function (Freight Transport, Freight Forwarding, Warehousing, Value-added Services, and Other Functions) and end user (Manufacturing and Automotive, Oil and Gas, Mining and Quarrying, Agriculture, Fishing, and Forestry, Construction, Distributive Trade (Wholesale and Retail Segments - FMCG Included), and Other End Users (Telecommunications, Pharmaceuticals, etc.). Market […]