Benefits that Ho Chi Minh city can offer the investors to chose as a destination to make investment Ho Chi Minh City is considered as Vietnam's economic hub. During the long history of foundation and development, the city's economy is growing constantly and motivating the development of the country. The city is therefore considered as a potential investment environment for domestic investors as well as foreign investors. The activity to set up company in Ho Chi Minh City and conduct business in Ho Chi Minh city certainly promises to…
A series of specific commitments has been confirmed by HCMC’s Party Secretary Nguyen Thien Nhan to help startup environment in HCMC becoming as favorable as in Singapore. The city is committed to preparing an industrial park reserved for newly startup and innovative businesses. Secondly, the procedure for setting up company in Ho Chi Minh City will be as good as in Singapore. Third, in addition to private investment, the city will also, on a case-by-case basis, pilot public-private partnerships in support of innovative entrepreneurship. I…
After many domestic investors failed to invest in the construction of private hospital, from 2014 until now, especially in the first months of 2016, there were many foreign investors interested in this area. Recently, a US delegation composed of more than 40 representatives from US leading hospitals, pharmaceutical companies, medical equipment companies, research institutions and medical training institutions came to offer Ho Chi Minh City (HCMC) leaders, as well as with the 175 Military Hospital to join hands and develop the private health…
At a meeting between the leaders of Ho Chi Minh City (HCMC) and the German Business Association (GBA), Mr Jens Ruebbert - Chairman of GBA said that Vietnam is an attractive destination for investment and business activities of foreign investors, including German businesses. Go along with Mr. Jens Ruebbert attending this meeting, there are more than 70 German enterprises operating in various fields, wishing to expand investment and trading activities in a number of potential areas such as automobile, production, communication, finance, insur…
Ho Chi Minh City is considered as Vietnam's economic hub. During the long history of foundation and development, the city's economy is growing constantly and motivating the development of the country. The city is therefore considered as a potential investment environment for domestic investors as well as foreign investors. The investment through establishing companies and conducting business activities in Ho Chi Minh city certainly promises to achieve multiple benefits. These benefits come from the following reasons. First, Ho Chi Mi…
It has been reported the foreign direct investment (FDI) is strong up to the end of August 2015. The trend of foreign investors relocating manufacturing site to Vietnam, build factory, and make direct investment through setting up company or business venture has been progressively realized thanks to Vietnam's policy welcoming FDI and the uncertainties of China. There are 249 newly registered projects in the form of 100% foreign investment capital, reaching USD 744 million; 78 joint venture projects reaching USD 1,573.6 million. In …
In addition to the real estate sector, Vietnam has recently been considered a key market for many financial and technology enterprises from Singapore. Investment capital flows of Singaporean businesses are flowing strongly into southern provinces to welcome opportunities when Vietnam joins many free trade agreements (FTAs). According to a report by Ho Chi Minh City Statistics Office, in the first 9 months of 2020, out of 111 countries and territories having investment projects in the City, businesses from Singapore contributed 813.5 million…
Ho Chi Minh City is considered as Vietnam's economic hub. During the long history of foundation and development, the city's economy is growing constantly and motivating the development of the country. The city is therefore considered as a potential investment environment for domestic investors as well as foreign investors. The investment through establishing companies and conducting business activities in Ho Chi Minh city certainly promises to achieve multiple benefits. These benefits come from the following reasons. First, Ho Chi Mi…
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