Information technology is a key industry, which has always been focused on development by the Vietnam Government in order to contribute to the changing in the socio-economic system and the whole country. According to the draft decree on information technology (IT) services that the Ministry of Information and Communication (MIC) is conducting the community consultation, among 54 types of IT services, there will be 4 types of IT services have to be licensed by the MIC to be allowed to provide services. 4 types of IT services include: port servi…
Every business in order to be able to operate stably and develop must first have an effective resource. In addition to material, technological, and machine resources, human resources are considered as an important resource that determines the success of an enterprise. It is important to conduct background check before hiring to confirm the information given by the employee reflects the truth. Human resources are people who are directly involved in working for the business in different positions with the aim of creating values and profits f…
Vietnam is working on improving on the level of transparency. It is advisable that foreign investors take effort to learn about their partners before cooperating with them. In other words, it is important to understand an individual or enterprise before joining venture with them in Vietnam so that the investors may reduce the minimum risks that may occur as well as evaluating the possibility of cooperation in the future. Despite the high risks of fraud, there are good opportunities in Vietnam. Namely, at the present, Vietnam has been strongly …
In recent times, the investment shift out of China is being carried out by many international investors. Vietnam is a country that has enough factors to receive investment shift, especially in the manufacturing sector with low-cost labor and low expenses. However, at present, Vietnam has changed its method of attracting FDI, instead of taking advantage of low expenses and low-cost labor, Vietnam now aims to take advantage of highly skilled workers and many incentives in research and development activities. Recently, many Korean investors have …
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