Vietnam is expected to see a new foreign direct investment (FDI) wave as more foreign companies plan to move investment into the country. The US-China trade has triggered the trend of shifting production lines from China to Southeast Asia and other markets, including Vietnam which was seen as a promising destination. Meanwhile, many countries are fighting against the Covid-19 pandemic while Vietnam has basically controlled the disease, while maintaining its economic growth momentum. Pegatron, Amazon and Home Depot have started recruiting and seeking to open new supply chains with Vietnam being among potential markets.Other US giants like Google and Microsoft have announced their plans to relocate their production facilities of new phones, personal computers and some other devices from China to Southeast Asia with factories in Vietnam and Thailand expected to be the beneficiaries, the Nikkei Asian Review reported.Microsoft is scheduled to start producing its Surface line, including … [Read more...] about More giant foreign firms plan to shift investment into Vietnam
Vietnam need visa
Thirteen sea border gates in the list are Hòn Gai, Cẩm Phả in Quảng Ninh Province, Hải Phòng in Hải Phòng City, Nghi Sơn in Thanh Hóa Province, Vũng Áng in Hà Tĩnh Province, Chân Mây in Thừa Thiên-Huế Province, Dung Quất in Quảng Ngãi Province, HCM City sea border gate, among others. … [Read more...] about Việt Nam approves a list of countries applicable for e-visa
For his part, Ambassador Nam congratulated Japan on its success in containing the spread of COVID-19, affirming that this is an important premise for the Japanese Government to decide to life the state of emergency nationwide earlier than the schedule to serve its socio-economic recovery. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia May 30
A company based outside of Ho Chi Minh City had to wait 20 days to have its proposal for some key experts to be allowed to enter Vietnam approved as the local authorities wanted to wait for similar proposals from other companies to review them at the same time, according to Nguyen Minh Ke, chairman of the Vietnam Aluminum Association. … [Read more...] about Firms face maze of regulations getting key foreign experts into Vietnam
Frank Bochmann is seen in a photo he provided Tuoi Tre News. Saebel: Vietnam’s tourism sector has been tragically affected by the outbreak of COVID-19. Airlines, hotels, restaurants, laundry facilities, amusement parks, transport companies, tour operators, and homestay owners have all seen their business come to a standstill. The loss of revenue and livelihoods for Vietnamese employees and entrepreneurs alike in all spheres is devastating and the real effects will only be seen as savings and cash funds dry up. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?