The Middle Class of Vietnam Increased Sharply

Setting up company in Vietnam

The top concern of foreign investors seeking to expand their business in Vietnam is the growing middle class, an important part of the Vietnam consumer market. The middle class is not only an important part of the market, they are becoming the loyal customers of many foreign businesses, operating in all kinds of sectors in … Read more

German Investors Funded 15 Million USD for Kinh Bac to Implement Workshop Project

Vietnam company formation

The total investment value of the project is 33.4 million USD, equivalent to about 755 billion VND, which is invested in construction and development in industrial zones. According to information from Kinh Bac City Development Holding Corporation (KBC), the subsidiary of this unit is Kinh Bac Office and Workshop Trading One-Member Limited Company has just … Read more

US President Donald Trump is Visiting Vietnam in November 2017

Set-up business in Vietnam

According to the White House, US President Donald Trump will visit Hanoi after attending the APEC Summit in Da Nang in November. On October 16th, The White House announced details of President Trump’s upcoming visit to Asia, with destinations in Japan, South Korea, China, Vietnam and the Philippines in early November. The President’s visit will … Read more

Korean Investors Poured Capital into Vietnam Banks

Banking regulatory in Vietnam

From the beginning of this year, financial investors from Korea have actively sought opportunities to enter Vietnam banking market, especially the consumer finance segment. One typical example is the Lotte Card is negotiating to acquire Techcom Finance. Recently, Techcombank has approved the contract and transaction documents related to the sale of 100% stake in Techcom … Read more

Idemisu Q8 – The First 100% Foreign Capital Petrol Station in Hanoi

Oil & Gas business consultant in Vietnam

On October 5th 2017, at the Thang Long Industrial Park (Hanoi), the opening ceremony of the Idemisu Q8 petrol station was held, marking the first 100% foreign capital petroleum station participating in the Vietnam petroleum retail market. IQ8 is a joint venture between Kuwait International Petroleum (Kuwait) and Idemitsu Kosan (Japan). Based on the experiences … Read more