Why wealth management service in Vietnam is needed now? Wealth management service in Vietnam is essential for individuals and families seeking to effectively manage and grow their financial assets. Here are several reasons why such services are needed: Tailored Financial Planning: Wealth management services provide personalized financial planning that takes into account an individual’s unique financial goals, risk tolerance, and investment preferences. These services help clients create comprehensive wealth management strategies that align …
1. Overview Vietnam’s banking sector has shown significant improvement which results from stable inflation and interested rate, favorable environment for foreign direct investment and a shift from deficit to surplus of the country’s current account. This sector plays a crucial role in Vietnam’s economic development in recent years. 2.Banking system There are two tiers in banking sector in Vietnam . The first one is State Bank of Vietnam (SBV) which is responsible for monetary policy and supervision/regulation of the banking system in Vietnam…
Digital transformation in Vietnam and its journey towards becoming an innovation-driven economy has seen remarkable progress, marked by significant advancements in digital transformation, intellectual property (IP)protection, and e-commerce regulation . As a developing nation, Vietnam has consistently improved its business environment to attract foreign investors to establish companies in Vietnam . From its rise in the Global Innovation Index 2024 to the implementation of Resolution No. 57 on science and technology development, Vietnam is pro…
In recent times, the investment shift out of China is being carried out by many international investors. Vietnam is a country that has enough factors to receive investment shift, especially in the manufacturing sector with low-cost labor and low expenses. However, at present, Vietnam has changed its method of attracting FDI , instead of taking advantage of low expenses and low-cost labor, Vietnam now aims to take advantage of highly skilled workers and many incentives in research and development activities. Recently, many Korean investors ha…
It is important to find and work with a capable and long-term partner to build confidence doing business in a safely and effectively way for all parties, and avoid potential risks. In order to be guaranteed their legitimate rights and interests, individuals and organizations conducting business need to have a clear understanding of their partner before cooperating, in order to start their business cooperation most effectively. In cooperation with a partner lawfully established in Vietnam, individuals and enterprises could find out informatio…
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