Behind every success of business expansion is the comprehensive knowledge of regulations, legal compliances, procedures and socio culture, among others. If you are intending to expand to Indonesia, get our free copy of e-book to learn about starting a business in Indonesia, everything you need to know from A-Z. Simply click the "download" button below.
There are plenty of English teaching opportunities in Vietnam and the country is considered one of the most popular ESL teachers hubs in the world. Therefore, it is relatively easy to get a job as an English teacher in Vietnam, particularly for native English speakers. In addition to the abundant career opportunities, the cost of …
Decree No. 15/2019/ND-CP or Decree 15 was announced effective on March 20, 2019 by the government regarding foreign investment in the vocational education sector in Vietnam. This recently issued regulation has introduced new requirements for foreign investors with detailed instructions on Vocational Education and Training (LOVET). This regulation is expected to bring in more foreign …
Starting an e-commerce business or online business for your small business in Vietnam is as challenging as it is exciting. E-commerce is one of the biggest sectors globally and it contributed to US$2.3 trillion in sales all over the world in 2017. The sales amount is forecast to hit a shocking US$4.5 trillion by 2021. …
When it comes to doing business anywhere across the globe, including Vietnam, mid-level managers play important roles in an organisation’s operation such as retaining employees, resolving resolution, staffing, etc. Their roles are so critical that they can determine the success rate of a project. Unfortunately, hiring mid-level managers is also one of the biggest recruitment …
Since the economic reform, Vietnam has taken massive steps to open up many opportunities of international trade, import export activities and investment. Over the years, the country has also become of member in ASEAN Free Trade Area and WTO. Furthermore, Vietnam has also signed 7 regional and bilateral Free Trade Agreements (FTAs) with other countries …
The land rights in Vietnam can be complex for many people, especially for first-time foreign investors. Unlike other countries, lands in Vietnam are often owned by people conjointly and regulated by the Vietnamese government. With that being said, people are not allowed to own land legally in Vietnam. In other words, if they are interested …
The Ministry of Labour, Invalids and Social Affairs (MOLISA) issued Decision 632/QD-LDTBXH on 4 May 2019. This decision addresses the changes of employment procedures governed by MOLISA. For employers, it is critical to understand your responsibilities and opportunities when recruiting and hiring workers and be aware of changes in work permit processes in Vietnam. This …
With an annual GDP growth of more than 6% for almost 20 years, no wonder that Vietnam is ranked number one as the fastest-growing economies across the globe. With a more open economy, more and more investors have come to set up a company to engage in import export business in Vietnam. Setting up a …
Constant changes and ever-increasing complexity to the tax system as well as technology adoption in Vietnam result in challenges for the modern accounting and tax compliance when doing business in Vietnam. Due to these challenges, many companies in Vietnam are now rethinking their approach to local and even international compliance. They aim to resolve the …
There are reasons why doing business in Vietnam becomes appealing to foreign entrepreneurs and investors. Vietnam is one of the key emerging economies in Asia these days, thanks to the economic reform and growing affluence. In the medium and long term, it’s forecast that the country’s economy will continue to grow more than 6% every …
Vietnam has long been considered an investment paradise for foreigners due to its abundant workforce and competitive costs of lower wages. Furthermore, the country has developed one of the most competitive tax policies that stipulate tax incentives and other tax rates in Vietnam, which appease most foreigners. When being compared to other countries in Southeast …
Business mistakes and frustration are not unusual when doing business in Vietnam. The lack of insight into the Vietnamese market has often given rise to some rather disheartening investments and business failures. As a reputable business consulting firm for so many years, Cekindo has had a lot of expertise to see what works and what …