Luxury brands looking to Vietnam
Business

Luxury brands looking to Vietnam

Mr. Nick Bradstreet, Director of Retail Asia - Pacific at Savills, has assessed that Vietnam’s luxury goods market is outstanding compared to elsewhere in Southeast Asia such as Singapore and Thailand and international retailers are looking for opportunities to expand in the country. Statista has estimated that Vietnam’s luxury goods market will grow 34 per cent this year and 4 per cent annually to 2025.
Business

Snacks producer opens in Tien Giang

The Want Want Vietnam Co., Ltd. from Taiwan (China) has opened a factory producing snacks at the Long Giang Industrial Park in the Mekong Delta’s Tien Giang province. On an area of 75,000 sq m and with investment of $50 million, the factory can generate revenue of $150 million annually.
Business

Admin procedures for maritime business simplified

Under Decree No. 69/2022/ND-CP dated September 23, 2022, amending and supplementing a number of regulations relating to maritime business activities and effective from October 30, a number of business activities will be subject to simplified administrative procedures, such as granting or re-issuing certificates of eligibility for seaport operations and certificates of conformity on the recruitment and supply of seafarers.