Da Nang to target to attract USD 7 billion USD in investment capital by 2030
In recent years, attracting domestic investment and foreign direct investment (FDI) has been an important misson to achive Da Nang’s socio-economic development. Da Nang, both contributes to creating a breakthrough and stimulates other resources to exploit and take advantage of the inherent potentials and advantages of Da Nang, to attract significant investment capital upto 2023 from … Read more
Apple suppliers to invest in Vietnam and build factories
According to Reuters, a global news agency, the screen maker BOE Technology Group is planning to invest USD 400 million to set up company and build two factories in Vietnam. BOE is negotiating to lease dozens of hectares of land in the North of Vietnam. They already have a small factory in the South, mainly supplying … Read more
12 Crucial Insights for Foreign Companies to Successfully Set Up Factories in Vietnam
Vietnam has emerged as a prime destination for global manufacturers seeking to diversify their operations and optimize supply chains. We now explore why foreign companies are increasingly choosing to set up factories in Vietnam and provides actionable insights to navigate this promising yet complex landscape. Why Vietnam is a Preferred Choice for Manufacturing Strategic Location … Read more
Why is it necessary to verify business partners when entering the Vietnam market?
The verification of business information of partners in Vietnam about legal status, financial capacity, technology, reputation, and experience is important but often overlooked by foreign companies seeking investment partners, or business cooperation partners in Vietnam. If done systematically, the verification and evaluation of partners’ business information for the purpose of trading goods, or investment or … Read more