KIZUNA Weekly Highlights – 3rd week of August 2019
Vietnam, best known to Australians as a laid-back holidays destination, is now on the radar for big business attracted by its open investment policies, cheap labour and young workforce.
Fees for enterprise registration will decrease since September 20, 2019, according to the recently issued Circular No. 47/2019/TT-BTC regulating levels and regimes of collection, payment and use of fees for provision of corporate information and enterprise registration fees.
In only two years, Vietnam has climbed to the third position among the six ASEAN countries enjoying the most active startup ecosystems, trailing behind only Indonesia and Singapore, according to regional venture capital firm Cento Ventures.
As many as 24 buyers have registered to attend a conference in HCMC to seek suppliers for supporting industries, giving domestic firms a greater opportunity to join global supply chains.
A currency war between the US and China would compound Asia’s growth problems.