Where Nike’s Factories are Located in Vietnam - Vietnam Briefing …
Aug 6, 2024 · These factories are mostly located in Vietnam’s south, though there are a handful scattered around the rest of the country as well. There are also 13 factories that produce sporting equipment for Nike with 11 in the south and two in Vietnam’s north. Vietnam is a key manufacturer of Nike footwear too. It has 13 factories around the country ...
Vietnam Labor Laws - Vietnam Guide | Doing Business in Vietnam
In this regard, Vietnam approved an amended Labor Code, which came into effect in January 2021. The amendment to the labor regulations is a step towards aligning with international labor standards, particularly as Vietnam integrates into the world economy, as noted by the International Labor Organization (ILO).. Companies doing business in Vietnam must ensure they follow the provisions of the ...
Vietnam Economy in H1 2024: Strong Performance in Key Indicators
Jul 15, 2024 · Vietnam showcased strong performances across multiple indicators in the first half of 2024, prompting the General Statistics Office (GSO) to project a 6-6.5 percent growth rate for the year, aligning with the government’s target.
Vietnam’s New Minimum Wage Effective from July 1, 2024
Aug 12, 2024 · On June 30, the Government issued Decree 73/2024/ND-CP regarding the new basic salary and Decree 74/2024/ND-CP concerning the new minimum salaries, both of which took effect from July 1, 2024.. As a result, the capped salaries used to calculate contributions for social insurance, health insurance, and unemployment insurance will increase accordingly.
Vietnam Coffee Market: Consumers, Challenges, and Prospects
Sep 15, 2023 · Vietnam is the second largest coffee exporter in the world and was ranked first in coffee cultivation yield with 2.4 tons/hectare in the International Coffee Organization’s Annual Review 2021/2022.Those yields were made up of Robusta, Arabica, Cherri, Moka, and Culi beans, which are among the most popular coffee beans farmed in Vietnam.
Vietnam News in Brief: Weekly Updates - Vietnam Briefing News
Nov 4, 2024 · E-Invoice Compliance in Vietnam: Regulations, Requirements, and Best Practices. October 25, 2024 by Vietnam Briefing. Vietnam mandates the use of electronic invoice (e-invoice) for all taxpayers. This article provides essential guidance and notes the step-by-step compliance requirements for businesses implementing e-invoicing.
Vietnam’s F&B Industry: Market Trends and Consumer Preferences
Jul 13, 2022 · Vietnam is Asia’s top beer consumer. The market was worth US$5.18 billion in 2015 and is expected to be worth US$10.1 billion in 2025. However, the pace of growth is slowing. Annual growth between 2020-2025 is forecast to be 5.57 percent per annum versus 8.75 percent per year registered in 2015-2019.
Why Vietnam’s Infrastructure is Crucial for Economic Growth
Sep 9, 2022 · According to the most recent World Bank report, Vietnam is positioned 47 th out of 160 countries in infrastructure rankings and 103 rd in road quality as per the World Economic Forum’s ranking. As FDI pours into Vietnam, along with the government’s determination to implement Industry 4.0, the current state of infrastructure is unable to keep up.
Vietnam FDI Tracker: Most Recent Data July 2023
Aug 10, 2023 · Vietnam’s Ministry of Planning and Investment has released its July 2023 report on foreign direct investment (FDI). Here’s how Vietnam’s FDI sector is faring. Registered capital from foreign direct investment in Vietnam was just over US$2.8 billion in July bringing the total for the year to just over US$16.2 billion.
Port Infrastructure in Vietnam 3 Regional Hubs for Importers and …
May 15, 2024 · Additionally, the Cai Mep-Thi Via Port (Cai Mep), situated approximately 80km south of Ho Chi Minh City, is a deep-water port predominantly serving Dong Nai and Binh Duong provinces, which are also major production centers in Southern Vietnam. Cai Mep is a preferred choice for shipping routes to the US and EU markets.