Despite tremendous improvements in the last few decades, the environment to do business in Vietnam, and many Asian countries remain complex and challenging. Social progresses and environment norms in many cases lag far behind the business and economic boom in many of the countries in the region. Inequality is growing and poverty reduction is slowing down. These development issues remain and need to be addressed by innovative and tailor-made solutions which can fit to and work in the local contexts. Born ...
[16 August 2024] — Although there are still some concerns from foreign-invested enterprises, Vietnam, Thailand, and Malaysia are still chosen by many investors, in which Vietnam is the country that offers the most opportunities. Thailand and Malaysia have the advantage of open investment policies, incentives, and highly skilled labour, while Vietnam has the potential to compete and develop in the long term, thanks to low implementation costs and abundant labour.
The study “Legal Status for Household Businesses in Vietnam: Key to Formalisation” is implemented by Economica Vietnam. The study is expected to contribute to the success of the scheme that should: (i) create a supportive, transparent, and equitable business environment for business households to establish, operate, and thrive to increase contributions to economic growth; (ii) reform the legal framework on supporting and developing household businesses to create conditions for business households ...