Many companies have taken their operations online, as the Internet allows for faster expansion on new markets, and Vietnam is one of the countries which have permitted a higher availability of domain names in order to help companies. Moreover, Internet Corporation for Assigned Names and Numbers (ICANN), has even allowed foreign domain names to be registered in Vietnam and their visibility has now started to grow on the local market.
Logistics is one of the important economic sectors of Vietnam, as the growing population is buying more and more goods which need to be brought into the country. This is why the Vietnam government decided to reduce the costs associated with the transport of goods for logistics companies.
Vietnam is a very advanced country from a technological point of view and technology is about to make its way into the banking system, as the Ministry for Finance plans on creating a cloud banking infrastructure in the coming years. Moreover, the cloud system would be operational by 2025.
Vietnam is made of several provinces, one of the most prolific one being Thai Nguyen which is located in the northern part of the country. The authorities in the region plan on creating one of the best investment environments in the province in order to take Thai Nguyen to the top 10 provinces in Vietnam by 2020. Our company formation agents in Vietnam can help investors who want to set up companies in the Thai Nguyen region.
Vietnam is one of the most important industrial centers in Southeast Asia, which is why the government has noted an increase in the purchase of industrial land plots and the demand is still high. Most of the applications for buying industrial land are for Ho Chi Min, as this city’s industrial production index grew considerably last year. Foreign investors who are interested in setting up companies in Vietnam can rely on our local consultants.
The end of 2017 brings good news for the real estate industry in Vietnam, as the market is flourishing with new construction projects ready to be purchased. This year, foreign and local investors were busy creating some of the most spectacular real estate projects which are now ready to be purchased. If you want to open a company in the construction or real estate sectors, our company formation agents in Vietnam can assist you.
The Asia-Pacific Economic Cooperation (APEC) is one of the largest communities in the world and it encompasses 21 economies in the Asia-Pacific region. One of the most prolific APEC economies is Vietnam which is currently also one of the most attractive destinations in terms of investment funds.