Personnel requirements for Korean-invested enterprises For Korean-invested enterprises in Vietnam, departments such as representatives, experts, and technical workers must also comply with Vietnamese law. So, what are the personnel requirements for Korean-invested enterprises in Vietnam? Please find out more in this article: Conditions for the legal representative of Korean-invested enterprises
ADVANTAGES OF INVESTING IN VIETNAM FOR KOREAN CAPITAL COMPANIES In recent years, Vietnam has consistently received significant investment capital from Korea. The upgrade of bilateral relations to a comprehensive strategic partnership in 2022 is expected to usher in a new era for investment cooperation between the two countries. Projects in
ESTABLISHING A REPRESENTATIVE OFFICE OF A SOUTH KOREAN INVESTED COMPANY IN VIETNAM A representative office of a South Korean invested company in Vietnam is a dependent unit of a South Korean enterprise, established under Vietnamese law for the purpose of promoting trade. Its role is to act on behalf of
ESTABLISHING A BRANCH OF A SOUTH KOREAN INVESTED COMPANY IN VIETNAM In recent years, the relationship between Vietnam and South Korea has become increasingly close and developed. This positive outcome has led to many South Korean investors establishing projects in Vietnam, including shopping centers and Lotte cinemas, Shinhan Bank, Samsung,
TYPES OF LICENSES REQUIRED FOR FOREIGN-INVESTED STUDY ABROAD CONSULTING COMPANIES A foreign-invested enterprise is a business established by foreign investors to conduct business activities in Vietnam, or where foreign investors purchase shares, merge, or acquire businesses in Vietnam. This applies to joint-stock companies, limited liability companies, and partnerships according to
Foreign direct investment in the tourism sector Despite the overall challenging real estate market, foreign investors remain interested in resort real estate. Vietnam’s young population, rapidly growing middle class, and high urbanization rate create a favorable environment for socioeconomic development and open up opportunities for various real estate types. Among
ADVANTAGES OF INVESTING IN THE TOURISM SECTOR The tourism industry contributes significantly to the annual income, especially as it is recognized as one of the three key sectors that the government prioritizes for investment in infrastructure development. The continuously improving transportation contributes greatly to the country’s income. So, what are
Policy to encourage investment in tourism sector In recent times, Vietnam’s tourism industry has made significant progress and achieved many promising results. The growth rate of international visitors averages 15% per year and domestic visitors have reached more than 10% growth per year. The tourism infrastructure and technical facilities of
Tourism industry in Vietnam – reasons to invest Vietnam tourism has grown rapidly in recent years. Over the past decade, Vietnam has emerged as one of the highly attractive destinations in Southeast Asia with the number of international visitors to Vietnam increasing from 4.2 million in 2008 to 15.5 million
TYPES OF LICENSES REQUIRED FOR FOREIGN-INVESTED LOGISTICS COMPANIES Logistics is a specific field, requiring foreign investors to comply with the regulations in the legal documents of each specific industry depending on the scope of the business. Because logistics includes many small sub-sectors such as road transport services, bill of lading
