FOREIGN EXPERTS FELT “BREATHE EASY” WHEN LIVING IN VIETNAM

Vietnam ranked 21st in the economic ranking, but ranked 5th when talking about the saving ability of foreign experts. According to the survey from HSBC. Most of foreign experts believe that Vietnam had a more comfortable life with less spending on housing costs (62%), travel (73%), clothing (68%), goods and necessities (62%), essential services like electricity, water, telephone (70%) and bills (77%). Thus, experts are likely to save...

Read More

Google Shows Interests in Vietnam IT Industry

E-commerce, IT and software development have been developing incredibly fast in Vietnam over the years making it potential for IT business to be set-up. With more than 93 mil of population which 52% having access to internet.  The average Vietnamese using Google to extract information from internet is three times higher than world average.  Vietnam has been rated top 10 Asian countries with fastest growth rate of internet users....

Read More

Big Manufacturer Waves Enter Vietnam

Facing difficulties in manufacture and consumption, some big car manufacturers in Thailand and Indonesia are planning to find new market in ASEAN. Moreover, recently, LG Electronics- the world’s second largest television manufacturer also intends to move from Thailand to Vietnam. According to Federal Thailand Industry –FTI’s figures, In 2014, 881,800 cars were sold in Thailand, decreasing 34% compared to 2013. That is the second year in two consecutive years the market is in recession. It was a strong effect to decrease the quantity of output...

Read More