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Vietnamese Government to invest in education
Since 2000, Vietnam have experienced an averaged GDP growth rate of 6.19 percent, placing the country among the fastest growing economies in the world. Vietnam defies Asia’s slowing economy growth and remains today one of the world’s best actors as manufacturing countries. In 2016, the Foreign Direct Investment reached...
Vietnam backs down over the nuclear energy project signed with Japan & Russia
Vietnam is looking for cheaper alternatives for its energy demand The government of Vietnam has finally decided to abandon the nuclear project signed with Japanese and Russian companies due to high costs, risks for the environment and lower energy consumption. In November 2016, Vietnam’s National Assembly finally decided to...
Comparing two big South East Asian nations: Vietnam and Philippines
Vietnam and Philippines are one of the biggest countries in Southeast Asia, both with a high developing economy and part of the Next Eleven countries. Despite some of the core differences in various social and economic areas, both jurisdictions welcome foreign businesses and investments. Difference in Government Type The...
Foreigners can soon own Vietnamese property
Vietnam’s real estate market, like that in many industrializing nations, is closed to foreign investment. However, that is all set to change for residential properties on July 1st thanks to a new law passed on November 25th last year. What is going to be allowed? The law will permit...
Business Culture in Vietnam
Thinking of starting a business or expanding your business in Vietnam? Like any markets that you may not be familiar with, it is always good to learn more about their unique business culture and etiquette before embarking on a business trip. Although most tips on cultural and social etiquettes...
Vietnam eyes increased investment from Singapore
In a visit to Singapore over the weekend, Vietnamese Prime Minister Nguyen Tan Dung presented his plan to make Vietnam a more conducive location for foreign investment. According to Dung, Singaporean companies are important partners for Vietnam as it seeks to strengthen its private sector. He cited Singapore’s extensive...
Healy Highlight – Vietnam
Vietnam is one of the fastest developing nations in South East Asia. Because of its location alone, it has been a magnet for foreign direct investment. But there is more to Vietnam than its advantageous position at the center of Southeast Asia: it is expected that by the year...
These 5 big companies call Massachusetts home?
The State of Massachusetts is located in the northeastern region of the United States. It is the 15th populous states in the U.S, neighboring Connecticut, Rhode Island, New Hampshire, Vermont and New York. According to GOBankingRates, Massachusetts ranked 15th on the list of best places to do business in,...
Predicting the top 5 jurisdictions for business in 2017
Healy Consultants expects business setup in these jurisdictions in 2017 Vietnam Mexico Ireland Kenya Reputable tax-exempt countries e.g.: Singapore, Hong Kong, Dubai, Luxembourg Vietnam Vietnam is widely considered to be an alternative low-cost manufacturing haven to China. However, as China transits into a consumer economy with a growing middle...
Top 5 countries to set up a business
Top 5 jurisdictions engaged in by Healy Consultants Singapore Hong Kong United Arab Emirates Marshall Islands India Singapore Most of our Clients who incorporated in Singapore in 2016 are commodity traders, trading products such as gem stones, textiles and natural resources. Traders often cite reasons such as i) low...