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What Investment Areas Encouraged in Vietnam?

October 28, 2014 by ANT Consulting

Vietnam is encouraging investment in infrastructure, developing high-quality workforce, supporting industry and agriculture.

ANT Consulting has helped a number of foreign investors in entering Vietnam market successfully. ?The Company will continue to assist foreign companies in taking advantage of the Vietnam’s investment encouragement policies to set-up business venture and maintain the company?in Vietnam.

Vietnam remains?consistent policies to attract foreign investment oriented to continuous improvement of policies, enabling businesses environment to be more competitive. ?In the meantime, the Vietnam?National?Congress are passing important legislation such as the Investment Law, Business Law. ?The Vietnam government is reviewing the overall legal system to synchronize, avoid contradictions and overlapping. The Government will be transparent in sectors which investment is conditional and prohibited.

In particular, the Vietnam?Government has reduced?corporate income tax from 25% to 22% and from May 1st, 2016 this rate continue to decline to 20%. ?Before, the enterprise takes 537 hours per year to do the procedure in tax preparation and declaration and now this has?dropped to 201 hours. ? In 2015 this procedure?is expected to fall to 171 hours – equivalent to the average level in?other ASEAN countries. The customs clearance of goods also fell to 63 hours. ?Procedure in social insurance fell from?335 hours?to 108 hours in 2015 and is expected to only 49.5 hours. ?Since 2005 – 2008, the average time to establish a company in Vietnam is 32 days. Now the time was reduced to 5 days, and in?2015 reduced to 2-3 days.

In the coming time, Vietnam will implement a number of policies to encourage investment in four areas. ?The first is the development of infrastructure. In this field, the?public-private partnership (PPP )?should be prioritized. ?The second area?is the development of human resources, especially human resources with high quality. ?The third area ?is supporting industry. The fourth area is agriculture with the goal of increasing the value of the processing product. Vietnam is a country where the proportion of the working population in agriculture is very high. The advantage of Vietnam’s agricultural sector is also something that many international organizations have recognized.

ANT Consulting was founded by experienced and internationally trained professionals in Vietnam market entry services.? We are different by combining the strength of business acumen with legal experience and the understanding of local cultures to assist clients deliver the right results. ?The services could be tailored to meet sophisticated clients’ requirements.? We strive for integrity, professionalism, accountability and long-term relationship.

We could be reached at?email: FREE Online Slot Machinesant@ FREE Online Slot Machines www.jhillustrations.com or office tel +8428 35202779

 

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  • Vietnam and Ireland to Cooperate on Agriculture
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  • Set-up Limited Liability Company in Vietnam

How We Could Help Your Business?

ANT Consulting is here to assist you from the outset; providing intelligence, information, advisory, management or support services that assist market entrance, and ensure efficient business operation.

We strive to save your cost by guiding you towards economical solutions that comply with local legislation and procedures. We support you through early logistic solutions and carry you through as your business grows. ?We aim to bridge the gap between international best practices and local cultures and assist foreign companies and organizations entering Vietnam market to overcome commercial and regulatory issues.

ANT Consulting’s team comprises of professionals with experience and qualifications in MBA, CPA, ACCA, and lawyer practising certificates.

We are committed to what we do to assist clients achieving their results efficiently and profitably leveraging on skills and expertise of internationally trained consultants and lawyers with both corporate office and on-the-field experience from multinational and local companies, and an understanding of processes and procedures of local government bodies.

Update

  • Da Nang Calls for Investment in 60 Projects in 2019 February 12, 2019
  • US and North Korea Leaders Will Meet in Hanoi, Vietnam February 11, 2019
  • FDI into Vietnam Increased Sharply in January 2019 February 11, 2019
  • Vietnam – Singapore Industrial Park Company Limited (VSIP) Surveyed Investment in Quang Tri January 23, 2019
  • KMH Group – Korea Proposed to Invest in Developing High-Tech Industrial Cluster in Thua Thien Hue January 21, 2019
  • Solar Power Projects Appear More and More in The Central Region: Foreign Contractors Take Advantage January 18, 2019
  • KABUL Group (Korea) Wants to Invest in Building International Hospital in Bac Ninh January 17, 2019
  • Quang Tri: Revenue of FDI Projects Reaches More Than 42 Million USD January 8, 2019

Overview

ANT Consulting was founded by experienced and internationally trained professionals.

We offer a unique service; combining the strength of business acumen with legal experience and the comprehensive understanding of local cultures as we assist clients to achieve the best results.

The services could be tailored to meet sophisticated clients’ requirements. We strive for integrity, professionalism, accountability and long-term relationship.

Let ANT Consulting help your business in Vietnam

Contact Us

We are centrally located in Ho Chi Minh City, Hanoi and Da Nang.

ANT Consulting HCMC

7th Floor, Me Linh Point Tower,
2 Ngo Duc Ke Str., Dist. 1, HCMC

ANT Consulting Ha Noi

5th Floor, Sentinel Place Building,
41A Ly Thai To Str., Hoan Kiem Dist., Hanoi

ANT Consulting Da Nang

3rd Floor, Riverside Tower
74 Bach Dang, Hai Chau, Da Nang

Phone:?+84 28 730 86 529
Email: ant@ FREE Online Slot Machines www.jhillustrations.com

Copyright © 2019 ANT Consulting.

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