Blog - Vietnam

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Blog: Vietnam

How to Get a Work Permit to Teach English in Vietnam

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 …

What to Know about Foreign Investment in Vocational Institutions in Vietnam

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 …

Recruitment Vietnam: What to Know about Hiring Mid-Level Managers

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 …

An In-Depth Look into Import and Export Regulations in Vietnam

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 …

What are Land Rights and How to Acquire Land in Vietnam?

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 Latest Changes to Work Permit Processes in Vietnam in 2019

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 …

Vietnam Import Export: Your Simple Guide to Customs Procedures

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 …

5 Challenges of Accounting and Tax Compliance in Vietnam

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 …

Doing Business in Vietnam: What are the Challenges?

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 …

Tax Incentives in Vietnam: A Comprehensive Guide

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 …

Common Business Mistakes to Avoid in Vietnam

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 …