Vietnam is one of the fastest-growing economies in the world. The low cost of living and highly qualified population make it an ideal location for foreign companies who are looking to branch out and invest. However, expanding internationally has its disadvantages as well. Not knowing the local laws and regulations makes it a thousand times harder to open a company overseas.
Setting up a business or manufactory in Viet Nam, With an aim to aiding foreign investors in overcoming bureaucratic bottleneck and allowing Vietnam to quickly open and integrate its market into the global market, Vietnamese government has issued new Law on Investment and Law on Enterprises, which are expected to take effect in July 2015. The article will highlight some key changes in these amendments.
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