Vietnam Can Issue Residence Card to Foreign Investors to Set up business in Phu Quoc

 The Ministry of Planning and Investment proposed a series of preferential mechanisms for Phu Quoc special economic zone.The Ministry of Planning and Investment has just submitted to the Government a draft Law on Special Administrative Units. In this draft, the Ministry proposes a series of mechanisms to attract investment capital and foreign experts set up business in Phu Quoc, to live and work in Phu Quoc special economic zone.Specifically, according to the draft law, Phu Quoc is prioritized investment to become a center for trade, high-end...

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Positive Changes in Da Nang that Attract Foreign Investors

 The bustling city of Da Nang on the central coast of Vietnam has long been a popular destination for both international tourists and business investors alike. Over the past few years, however, the local government has made important strides towards improving the city’s infrastructure and creating an environment where investors and businesses can prosper.This represents a new and improved investment environment for foreign investors who wish to invest in Da Nang and set up a company in Da Nang. Foreign investors who wish to do business in...

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How to Apply for Investment License in Vietnam?

 The procedure to apply for investment license in Vietnam is the procedure for applying for an Investment Registration Certificate in Vietnam under the Investment Law.Depending on the size, nature, and great impact on the environment, projects need special mechanisms and policies, projects that need land allocation, or projects that need to relocate large numbers of people, projects of foreign investors in the sea and islands that affect national defense and security, the procedures to apply for investment license in Vietnam may require approval...

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Why Investors Would Find Phu Quoc a Place for Investment?

 The improvement in infrastructure system along with the preferential policies have stimulated investors to come to  set up company in Phu Quoc.Phu Quoc, an island in Kien Giang of Vietnam is in the top of three islands having tourism potential in Southeast Asia comparable to Phuket in Thailand and Bali in Indonesia.  Phu Quoc has become a magnet for attracting huge investment flows from foreign investors in the area of real estate, entertainment, casinos, restaurant or food and beverage service business.Phu Quoc has temperate weather...

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Invest Confidently: The Role of Due Diligence Lawyers in Vietnam

 In today’s globalized economy, Vietnam has emerged as an attractive destination for foreign investors seeking new opportunities to set up business in Vietnam, to acquire capital contribution in Vietnam or to acquire shares in an existing business in Vietnam through M&A activities. With its dynamic market, strategic location, and a growing middle class, this Southeast Asian nation offers a promising environment for businesses looking to expand. However, like any investment, there are risks involved. This is where due diligence lawyers...

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What Foreign Investors Should Consider to Open a Business in Vietnam

 In the context of integration and globalization, the number of foreign investors whom wish to make investment and open a business in Vietnam has increased due to the attractiveness of the business environment.Business considerations to open a business in VietnamForeign investors often consider Vietnam an attractive destination to register businesses for several compelling reasons:1. Robust Economic Growth: Vietnam has experienced consistent and robust economic growth over the past few decades. It is one of the fastest-growing economies in...

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