5 benefits for investors to set up company in Danang
As one of the strategic economic centers of Vietnam’s central region, investors might find many benefits to set up company in Da Nang. The Vietnam prime minister has established central region’s strategic economic center, including 05 provinces and cities: Thua Thien Hue, Da Nang, Quang Nam, Quang Ngai and Binh Dinh to promote potential, geographical location and competitive advantages and step by step develop this economic region to become one of the most dynamic economic region in the country. In particular, Da Nang is defined as the role …
Set up company in Vietnam and comply
Vietnam’s economy is increasingly diversified in terms of business activities and business regulations are also constantly being improved and enhanced. Accordingly, foreign investors can freely choose the right type of business to set up company in Vietnam. After the investors set up company in Vietnam , the continuous procedures to comply is always a matter of great interest to foreign investors. Why it is important to comply with the laws after the investors set up company in Vietnam? Complying with th…
Set up company in Ho Chi Minh City: the Essential Guide
Vietnam’s financial capital, Ho Chi Minh City, is a vibrant metropolis of over 10 million inhabitants and accounts for one-third of Vietnam’s total GDP. It is widely regarded as one of the fastest expanding marketplaces for technology, manufacturing, and the top developing property market in Asia-Pacific. Hence, the investors that set up company in Ho Chi Minh City could enjoy the opportunities the Vietnamese market has to offer. Set up company in Ho Chi Minh City can be made easy Vietnam has offered first mover advantages for foreign inve…
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Why Investors Should Set up Business in Phu Quoc?
The improvement in infrastructure system along with the preferential policies have stimulated investors to come to set up business in Phu Quoc and do company. Phu Quoc, an island in Kien Giang of Vietnam is in the top of three islands having tourism potential in Southeast Asia comparable to Phuket in Thailand and Bali in Indonesia. Phu Quoc has become a magnet for attracting huge investment flows from foreign investors in the area of real estate, entertainment, casinos, restaurant or food and beverage service business. Phu Quoc has temperate…
Set up company in Ho Chi Minh City: the Essential Guide
Vietnam’s financial capital, Ho Chi Minh City, is a vibrant metropolis of over 10 million inhabitants and accounts for one-third of Vietnam’s total GDP. It is widely regarded as one of the fastest expanding marketplaces for technology, manufacturing, and the top developing property market in Asia-Pacific. Hence, the investors that set up company in Ho Chi Minh City could enjoy the opportunities the Vietnamese market has to offer. Set up company in Ho Chi Minh City can be made easy Vietnam has offered first mover advantages for foreign inve…
Why Investors Should Set-up Business in Phu Quoc? | ANT Lawyers
The improvement in infrastructure system along with the preferential policies have stimulated investors to come to Phu Quoc to set-up company and do business. Phu Quoc, an island in Kien Giang of Vietnam is in the top of three islands having tourism potential in Southeast Asia comparable to Phuket in Thailand and Bali in Indonesia. Phu Quoc has become a magnet for attracting huge investment flows from foreign investors in the area of real estate, entertainment, casinos, restaurant or food and beverage service business. Phu Quoc has temperate…
Overview on Cosmetics Regulations in Vietnam | ANT Lawyers
Cosmetics are areas of highly regulated in Vietnam as they apply on human and could create health concern. Hence, cosmetics imported into Vietnam have to be applied special procedures to ensure safety. Cosmetics regulations in Vietnam would lay out provisions that importers and manufacturers to follow. To carry out the Combination Convention in the cosmetic management which has been signed by countries are member of the Association of Southeast Asian Nations on September 2nd, 2003 (commonly called ASEAN Cosmetic Convention), the Ministry o…
Hotel Business in Danang, Great Opportunity for Investors | ANT Consulting
According to the Department of Tourism of Danang City, the number of tourists to Da Nang in the first 6 months of 2018 reached 4 million visitors including domestic and international ones. Currently, the city has more than 700 accommodation establishments with more than 32,000 rooms and continues to increase rapidly to meet the demand of the tourists in the future. The number of accommodation establishments in Danang has increased by at least 10%/year to meet the growing demand of tourists. Small-scale hotels (1-2 stars), spontaneously do not …
Quang Nam promotes and attracts foreign investment in 2021| ANT Consulting
Earlier in 2021, the representative of Quang Nam province proposed the province’s investment promotion program in 2021. Accordingly, the objective of Quang Nam province is to promote investment promotion in the following fields: supporting industries; agro-forestry-fishery processing industry, building materials; agricultural production towards high efficiency; field of investment, construction and business of infrastructure of industrial zones, industrial zones, airport infrastructure, seaports, urban transport infrastructure. In the industri…
Vietnam attracts Japanese Investors | ANT Consulting
During the volatility of the Covid-19 pandemic, the decision to invest in Vietnam became more and more interested by Japanese investors. Since 10 years ago, many Japanese enterprises have considered Vietnam as a promising foreign investment market after China. However, the outbreak of Covid-19 has left serious consequences for the Chinese economy, when a series of the world’s no.1 supply chains in this country were broken. Many foreign investors have chosen ASEAN, including Vietnam to invest, where there is a safe political system and a stabl…
Da Nang ranks first in information technology application index | ANT Consulting
At the end of April 2021, the Ministry of Information and Communications announced the ranking of the readiness index for the application and development of Vietnam’s information technology (Vietnam ICT Index) 2020, in which Da Nang was ranked first in 12 consecutive years of this ranking. After 16 years of evaluation and ranking, Da Nang city has been rated the highest in the provinces and cities for 12 consecutive years (from 2009 up to now), demonstrating the effective application and development of information technology. The results above…
Da Nang- Tangier (Morocco) cooperates in economic field | ANT Consulting
On April 14th, 2021, representatives of Da Nang city had an online meeting with representatives of Tangier city (Morocco) on the 60th anniversary of the establishment of diplomatic relations between the two countries (1961-2021). At the meeting, representatives of Da Nang city shared the characteristics, potentials and similarities in the field in the development orientation of two cities, by this meeting, the two cities will continue to promote cooperation in a number of areas such as tourism, transportation, and trade. In addition, Da Nang i…
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