During the first eight months of 2021, foreign investment registered in Vietnam, at 19.12 billion USD. The Republic of Korea (RoK), Japan, and Singapore remained the largest investors. As a foreign investors, every entrepreneurs need to know which legal structure is best for their business in Vietnam. Check out this comprehensive guide by GBS on how to choose. In order to do business legally in Vietnam, you should register your business with the appropriate authorities. Before doing this, you first need to decide which legal form is suitable for your business. When trying to choose the most suitable legal form…
Author: Miley Selena
Vietnam’s domestic Covid case count up by 12,591 on Tuesday. HCMC needs extra 8.1 mln vaccine doses to inoculate all adults Vietnam records another 12,591 local Covid-19 patients in 42 localities on Tuesday, down 1,628 against the previous day. The business hub of HCMC accounted for most of new infections with 5,444 cases, followed by Binh Duong with 4,530 cases, Dong Nai 634 cases and Long An 587 cases. Also read: Here’s how to get help during the coronavirus as foreigners in Vietnam’s Da Nang So far, Vietnam has recorded 457,882 cases in the fourth wave and 236,086 have recovered Ministry…
Like many other industries, Vietnam’s tourism industry has been especially hard hit by the Covid-19 pandemic. It is thought that over $4 trillion could be lost in global revenues as a result of the virus’ impact on tourism worldwide, and it’s easy to see how a nation like Vietnam has been affected. While Vietnam had a relatively short lockdown, it still struggled to keep visitor numbers from within the nation coming to key tourist sites. This was made all the more difficult due to the fact that international flights were effectively curtailed for many months. As such, it is thought…
PHX Smart School Joint Stock Company (member of Phenikaa Group) has announced the partnership agreement with M&H Investment Limited Liability Company to digitalize the latter’s school bus business, thus enhancing the use of smart technologies and solutions in the development of smart schools and educational and training centers. Smart school bus In order to adapt and exploit the opportunities brought by Industry 4.0, the education and training sector has stressed the need of using technological-scientific products and solutions in management, teaching and learning. The move becomes critical for schools and educational and training institutions amid the unpredictability and development of…
The last US military planes have left Afghanistan, Gen. Frank McKenzie, the commander of US Central Command, announced Monday at the Pentagon. The US departure marks the end of a fraught, chaotic and bloody exit from the United States’ longest war. “I’m here to announce the completion of our withdrawal from Afghanistan, and the end of the military mission to evacuate American citizens, third country nationals, and vulnerable Afghans,” McKenzie told reporters. “The last C-17 lifted off from Hamid Karzai International Airport on August 30th, this afternoon, at 3:29 p.m. East Coast time, and the last manned aircraft is now…
Vietnam confirms another 14,219 new Covid-19 cases in 41 localities Monday, taking the country total of new wave to 445,292. Today is the second highest single-day tally since Covid-19 broke out in Vietnam. Binh Duong province leads the number of new infections with 6,050 cases, HCMC with 5,889 cases and Long An with 524 cases. Among the new cases, 7,504 cases were detected in quarantine and locked down areas, while the reste recorded in the community with unclear sources of transmission. Another 9,014 patients recovered and discharged, bringing total to 198,614. The Health Ministry also report additional 315 Covid-19 death,…
This has now been more than a year, we all are hit by the pandemic of COVID-19. This pandemic took no time to show us the way back to your homes from our respective offices. Isn’t it? The time has totally changed from having face-to-face interaction daily with the entire team to sitting remotely at our own places and figuring out things. According to Stanford study performance was boosted by 22% when employees were able to work from home. For most of us this is a very new way of working. But this uncertain pandemic cannot change the fact Teamwork…
Nanogen Biopharmaceuticals and the research team behind Vietnam’s home-grown COVID-19 vaccine Nano Covax, have been asked to provide more data before an emergency use licence can be granted. More stories at Vietnam Insider’s homepage. The request was made by the Advisory Council for the Registration of Circulation of Drugs and Medicinal Ingredients after a meeting held late Sunday evening. The council said in a press released they and relevant units had carefully considered the application, adding that the dossier had been appraised by the Legal Subcommittee under the National Institute for Control of Vaccines and Biologicals twice; by the Quality…
Despite the worsening of the Covid-19 outbreak, Vietnamese investment abroad increased by 74 percent year-on-year in the first eight months. More stories at Vietnam Insider’s homepage. Vietnamese investors have a total capital of $21.8 billion in 1,428 ongoing projects. According to the Ministry of Planning and Investment, fresh investments and expansion of existing projects added up to $575 million, with the former accounting for $150.1 million. Professional activities, science and technology accounted for the largest share – $270.8 million – and wholesale and retail was second with $151 million, followed by the agriculture, forestry and fisheries. The U.S. was the…
VN-Index could rise by 40 points this week since it has established a support level at around 1,300, brokerages said. The index fell by 1.22 percent last week to 1,313 points. During the period it fell all the way to 1,280 points, but huge buying helped it regain 1,300. More stories at Vietnam Insider’s homepage. Analysts at BIDV Securities Company said the fact that it has remained in the 1,300 range is a positive sign, and the index could rise to 1,350 soon. They warned nevertheless that Covid-19 makes the market unpredictable. KB Vietnam said the index has formed “two…