President and CEO of Japan’s Marubeni Corporation Masumi Kakinoki unveiled plans to continue investing billions of USD in local projects across seven sectors, including energy, goods processing and exports, and infrastructure development. Read more
35 YEARS ATTRACTING FDI INTO VIETNAM
Hundreds of billions of dollars in foreign direct investment have become the driving force for Vietnam’s growth over the years, but have also made the domestic economy increasingly dependent on external forces.
From 2 million USD, Vietnam has attracted 524 billion USD of registered FDI capital after 35 years. By the end of 2022, more than 36.000 projects are operating with a total capital of 441 billion USD, 57% disbursed.
Three waves of foreign investment in Vietnam after 35 years
Looking at HR outsourcing options? Know what questions to ask before choosing a PEO
Working with a professional employer organization company, or PEO, has many benefits — but only if you choose the right company. Always ask these four questions before signing up.
Engaging with a professional employer organization (PEO) can be a game-changer. PEOs can take over much of your HR administration, including payroll, benefits, and compliance, freeing up time to focus on business growth and improving the employee experience. Read more
Industrial Park in Vietnam for The Manufacturing business
Are you a foreign investor interested in leasing land for your manufacturing business in Vietnam? Vietnam offers over 300 Industrial Parks on an area of 94,900 ha designed to accommodate manufacturing, distribution, and warehousing activities. Read more
Recruitment Insights in Vietnam
Recruitment Agency Costs in Vietnam
In Vietnam, professional recruitment agency fees typically range from 18% to 27% of the first-year annual base salary of a recruited employee.
Headhunting services in Vietnam come at a cost, but they offer significant benefits. These include specialised expertise, access to passive candidates, confidentiality, and extensive industry networks. Headhunters help you to save time and resources, provide customised searches, conduct thorough candidate assessments, and streamline negotiations. The outcome is often a faster hiring process, lower turnover, and a better fit for key roles when you expand your business in Vietnam Read more
SpaceX plans to invest around $500 million in Vietnam
US aerospace company values Vietnam’s potential for development, senior official tells visiting Vietnamese PM.
SpaceX, a global leader in manufacturing advanced rockets and spacecraft, plans to invest around $500 million and hopes to receive an investment license for its Starlink services in Vietnam. Read more