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French companies will exploit highway and building earth observation station in Vietnam. Moreover, many important cooperation agreements in the economic field have been signed this morning with the witness of heads of two countries. On the sidelines of the talk between President Tran Dai Quang and President of France – Francois Hollande on September 6th 2016, representatives of FPT Joint Stock Company and Telespazio France (France’s leading company in the field of satellite system management and exploiting) have signed cooperation agreements with many important commitments. Accordingly, the two sides will jointly collect and handle the data related to sea and land environmental monitoring, which are obtained from satellites and other facilities in order to create products and services on the platform of cloud computing. FPT and Telespazio France will also look towards the establishment of an EarthLab center in Vietnam, which is an Earth observation center from satellite. If established

Vietnam’s retail market has the highest growth rate in the region, therefore Lotte expects to grow further through setting up more retail business or  M&A activity in Vietnam . South Korea is the largest investor in Vietnam with over 4,000 enterprises, total investment in Vietnam as of July 2015 is 32.8 billion USD. Among South Korean firms investing in Vietnam, Lotte Mart is one of the corporations with the most powerful investment force and they are leading in a number of areas with the models of retail, hotel, cinema… Mr. Hong Won Sik, CEO of Lotte Mart Vietnam said that Vietnam’s retail market has the highest growth rate in the region, therefore Lotte wants to invest more. The target is to open 60 supermarkets till 2020 and now they have opened 11 supermarkets in Vietnam. Some of the current Lotte shopping centers have made a big impression on Vietnam consumers and the investment from Lottle makes it to be one of the biggest players on the retail landscape in Vietnam. Finding t

Japan has played more and more important role as a strategic investor in Vietnam through making investment and setting up business in Vietnam with growing number of foreign direct investment projects. Accepted the invitation of Prime Minister Shinzo Abe, Prime Minister Nguyen Tan Dung will lead Viet Nam delegation to attend The Seventh Mekong-Japan Summit Meeting in Tokyo from Jul 2 to Jul 4th, 2015. This is an important conference to unify the orientation about Mekong-Japan cooperation for the period 2016-2018. The conference will review the situation between Mekong-Japan cooperation, especially resulting the implementation of the Mekong-Japan Action Plan in the 2013-2015 period and measures the priorities in the near future. Foreign Ministry Spokesman Le Hai Binh said, Prime Minister Nguyen Tan Dung attend The Seventh Mekong-Japan Summit Meeting to promote Economic Society development of the Mekong Sub-region in general and of Vietnam in particular, as well as consolidate friendship

  The trend of foreign direct investment (FDI) in Vietnam continues to tremendously increase into key sectors such as industrial processing and manufacturing, business and real estate, wholesale and retail, through  set up business in Vietnam . Accordingly, the disbursed FDI inflows in June positively increased and exceeded the growth rate of last year. In June 2015, registered and new FDI is 1.19 billion dollars, bringing the total registered and new value to 5.49 billion dollars since the beginning of this year, equivalent to 80.2 % value of the same period in last year 2014. In particular, FDI registered capital of 3.83 billion USD since the beginning of 2015 is equivalent to 79% FDI capital of the same period in 2014. Additional FDI capital was 1.65 billion in the first 6 months of 2015, equivalent to 83% FDI capital of the same period of 2014. The FDI project has disbursed a total of 6.3 billion, increase 9,6% value in the same period in 2014. FDI in small-scale projects has a ten

It has been reported foreign direct investment is strong in the month of Jul 2015 for which foreign investors have been putting more money into manufacturing through setting up business in Vietnam especially high tech area. There were a series of FDI projects that are newly granted with the investment certificate in July 2015, such as the 274 million USD project of Far Eastern in Binh Duong; or the project of Regina Miracle Company will invest 88 million USD to build a shoes manufacturing plant in an area of ​​13.6 hectares in the VSIP Hai Duong. Moreover, VSIP has just received the investment certificate of the industrial park – urban area – services VSIP Nghe An project with the first phase investment capital of over 15 million USD, the entire project could be 76 million USD. This trend will probably continue in the future, and not just relying on those large-scale projects mentioned above. In the mid-July, during the visit to the United States, leaders of Ho Chi Minh City (HCMC) ha

Japanese investors have switched from set up business in Vietnam in manufacturing into financial investment, retail. Why Japanese Investors Invest in Vietnam? Three Reasons Japan Invests in Vietnam Why Japan Will Increase Investment in Vietnam Til end of Jan 2015, Japan is the second largest foreign investors in Vietnam in direct investment form with 2,494 projects, and total registered capital of nearly 36.9 billion USD however there have been changes in the structure of the investment capital in Vietnam. In particular, the manufacturing sector once accounted for the largest proportion of investment in Vietnam drops 30% from nearly $ 1.2 billion in 2013 to nearly 830 million 2014. In fact, the projects in the manufacturing sector often require huge capital during a long-term investment. In the context that Japan’s economy faces difficulties as well as the global economy is not bright, the reduction of investment in the manufacturing sector is also understandable. In indirect forei

During an official visit to Australia, in the morning of March 17th (local time), in Sydney, Prime Minister Nguyen Tan Dung and high-level delegation to the Government of Vietnam had the dialogue with the businesses of Vietnam and Australia’s on the development of Vietnam’s economy as well as the opportunities, prospects for cooperation between the two countries. The dialogue of Prime Minister Nguyen Tan Dung has attracted the participation of hundreds of large enterprises of Vietnam and Australia in the areas of banking, finance, energy, oil and gas, mining. Prime Minister Nguyen Tan Dung has directly answered many questions of the businesses, Australian investors relating to prospects, opportunities to promote and enhance the intrinsic comprehensive partnership between Vietnam and Australia. Prime Minister Nguyen Tan Dung has generalized the development of Vietnam’s economy from an underdeveloped country with a closed economy and until now Vietnam has become a middle-income country

  After several disappointing years, Bloomberg said that Vietnam’s economy is continuously emerging in Asia, with the advantage of a young workforce and impressive growth. According to the news, the large corporations as Samsung, Intel have poured money into the factories in Vietnam leading Southeast Asian countries to emerge as new tiger in Asia. After renovation in the 1980s, Vietnam’s economy has grown rapidly, exceeding 7% before leveling off in recent years due to the increase in bad debt from the state sector. According to PricewaterhouseCoopers LLP accounting firm, from now to 2050, Vietnam has become one of the largest growing economies in the world. Vietnam not only has the advantage of cheaper labor costs than China’s, but also become an ideal destination for Japanese corporations. Mr. Vikram Nehru – senior research specialist on Southeast Asia of Carnegie Endowment commented: “Vietnam is possible to become the fastest growing economy in Asia. Just solve problems in state sec

Vietnam is taking every opportunity to grow its economy and improve the living standard. This is not a vain dream since Vietnam has young and plentiful work force. That is why multinational companies wish to come and set up company in Vietnam . The year 2015 marked the 40 years since the war end and the 20 years of normalized the relationship between Vietnam and the US. Vietnam began the process of innovation since 1986 but not until 1995, foreign investment in Vietnam began to flow in when the Government established formal diplomatic relations with the United States and joined the National Association of the South East Asia (ASEAN). In recent years, foreign investment in Vietnam has accelerated. The Korean company is particularly excited with this market. Samsung Electronics is operating and building three plants at three locations – Ho Chi Minh City, Thai Nguyen and Bac Ninh. In total, this giant electronic corporation has poured more than USD 10 billion in Vietnam. Vietnam is also e

  A partnership is an enterprise which must be at least two members being co-owners of the company jointly conducting business under one common name. In addition to unlimited liability partners, there may be limited liability partners. Unlimited liability partners must be individuals who shall be liable for the obligations of the company to the extent of all of their assets. Limited liability partners shall only be liable for the debts of the company to the extent of the amount of capital they have contributed to the company. ANT Consulting is here to assist you from the outset; providing intelligence, information, management or support and administrative services that assist market entrance, and ensure efficient business start-up operation. Our services are as following: Market Entry Tax Advice Legal Advice Outsourcing Services We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logisti

Foreign investors could make direct investment in Vietnam through different ways. They could set up business in Vietnam or invest in the contractual forms of: BCC, BO, BTO, and BT. Types of enterprise for foreign investors to invest and set up business in Vietnam are as following: Set-up Limited Liability Company in Vietnam Limited Liability Company is a form of enterprise which is established by contributing of members. A member shall be liable for the debts and other property obligations of the enterprise within the amount of capital that it has undertaken to contribute to the enterprise. Limited liability companies are regulated by two types: – One member Limited Liability Company is an enterprise owned by one organization or individual; – Limited Liability Company with two or more members is an enterprise owned by organizations or individuals, in which the number of members shall not less than two members and not exceed fifty. Organizational and management structure of Limi