Foreign companies have used low-cost country sourcing strategies for decades with a strong focus on China. In the past years, we’ve seen a new trend where increasingly more companies…
Establishing a joint venture (JV) is a popular method used by foreign companies to enter the Vietnamese market. This does not only help to utilize the expertise of all…
Vietnam currently houses nearly 200 fintech firms, offering a broad range of services from digital payments to wealth management, P2P lending, and blockchain-based solutions. The rise of the fintech ecosystem…
Vietnam has emerged as one of the fastest-growing markets in Asia, being the 10th largest trade partner of the US and the 16th largest of the EU. With a…
Vietnam is one of the world’s most energy-intensive economies, consuming more energy per unit of economic output than the Philippines, Malaysia, Indonesia, and India does. The country’s electricity demand is…
Vietnam has become an increasingly attractive market for foreign brands due to its growing middle-class and a stronger preference for foreign products. Product quality, prestige, and taste are just…
The cement industry plays a vital role in infrastructure development and urbanization drives the demand for cement greatly. Concrete is currently the second-most used substance on the planet after…
Southeast Asia is a major producer of agriculture products and plays an increasingly important role for the US and the EU. Increased exports also result in the need for…
Southeast Asia gains increasingly more attention as foreign companies try to diversify manufacturing activities from China. Increasing wages, disruptions, increased shipping lead times, and costs are just some of…
The start-up scene in Vietnam has developed rapidly in the past decade, benefitting from factors such as governmental policies, tax incentives, and changes in consumer behaviours. The industry has been…
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