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Blog Articles

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Blog Articles

Restriction on Foreign Ownership in Vietnam’s Credit Institution

by Trường Lăng on January 4, 2023
A statistical report from Vietnam’s Central Institute for Economic Management (CIEM) in late 2021 reveals that the majority of both state-owned and private banks have a foreign ownership ratio of lower than 30%. However, despite the government’s restriction on ownership rates, many domestic banking institutes keep looking for investments from foreign sources. This can be […]
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The opportunities for Vietnamese investors under the impact of new-generation free trade agreements.

by Trường Lăng on January 4, 2023
The EU-Vietnam Free Trade Agreement (EVFTA) is a new-generation FTA between Vietnam and the 27 EU member states. The EVFTA officially took effect on August 1, 2020, opening up many great opportunities and prospects for both sides. The outstanding features of the new-generation FTA - EVFTA Similar to the previous FTAs, the EVFTA aims to […]
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Procedures and tips for Vietnamese State-owned Enterprises to invest overseas

by Trường Lăng on January 4, 2023
Albeit the turbulent global situation, the opportunities for Vietnamese state-owned enterprises (SOEs) remain promising. Yet, the challenges exist when it comes to the regulations and legal procedures for outward foreign investment. The top questions have been frequently brought up by Vietnamese investors about “How can I successfully venture in a foreign country?” and “How can […]
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What should investors bear in mind regarding the auction of land use rights in Vietnam?

by Trường Lăng on January 4, 2023
The land is a natural resource, a type of property - a unique commodity generated by nature, a means of production, and a valuable capital of the nation and the land user. In fact, land resources have benefited the state, users, enterprises, and society as a whole. Thus, the auction of land use rights is […]
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Unlock enormous potentials in investment and cooperation from the Vietnamese Government’s new investment strategy

by Trường Lăng on January 1, 2023
Recently, the Prime Minister has announced Decision 667/QD-TTg on authorizing the Foreign Investment Cooperation Strategy (FICS) for the period 2021-2030. The plan is considered to have created several new opportunities for foreign investors. Current FDI inflows into Vietnam According to the assessment of the IMF, Vietnam is an economy that has and will have positive […]
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New regulations and policies are in effect on January 1st, 2023.

by Trường Lăng on January 1, 2023
In the beginning of 2023, the Vietnamese government approved and issued several new policies and legal documents. Thus, on doing business in Vietnam, investors are advised to bear in mind and update released regulations on a regular basis. In this article, Viettonkin will provide up-to-date legislations that are in effect soon, along with giving some […]
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Founded in 2009, Viettonkin Consulting is a multi-disciplinary group of consulting firms headquartered in Hanoi, Vietnam with offices in Ho Chi Minh City, Jakarta, Bangkok, Singapore, and Hong Kong and a strong presence through strategic alliances throughout Southeast Asia. Our firm’s guiding mission is aimed towards facilitating intra-ASEAN investments and connecting investors in Southeast Asia with the rest of the world, thus promoting international business relationships and strengthening inter-nation connections.
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