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Capital to be prioritised for spearhead sectors: central bankThe State Bank of Vietnam (SBV) plans to enhance credit quality and allocate capital to key sectors driving economic growth in 2024. The SBV will maintain an open and flexible approach in the open market, ensuring liquidity support for the credit institution system.KB Security...

Vietnam’s dynamic job market has seen significant growth in recent years, driven by rapid economic development and increasing foreign direct investment. As businesses expand and new industries emerge, the demand for skilled professionals has surged. To meet this demand, several professional recruitment platforms in Vietnam have established...

As Xi and Biden court the Southeast Asian nation, Hanoi should stay focused on a multipolar foreign policyVietnam has become the flavor of the year for the world’s geopolitical rivals.In September, U.S. President Joe Biden visited the Southeast Asian powerhouse, signing a comprehensive strategic partnership that places Washington’s relations...

Starting a business in Vietnam is one of the most exciting and rewarding experiences you can have. But where do you begin? There are several ways to approach creating a business, with many important considerations. To help take the guesswork out of the process and improve your chances of success, follow our comprehensive guide on how to start a...

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.HÀ NỘI — Prime Minister Phạm Minh Chính received President and CEO of Japan’s Marubeni...

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...

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...

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.In this blog, we will delve into the various types of Industrial Parks in Vietnam to help you make an...

Recruitment Agency Costs in VietnamIn 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,...

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.The information was revealed by Mr. Tim...