Business Growth Strategies: Build, Borrow, or Buy?
Growth is the cornerstone of any successful business, but how a company expands can make all the difference in its long-term sustainability. Business leaders must choose from three primary business growth strategies: build, borrow, or buy. Each approach has its advantages and drawbacks, making it critical to select the right one based on the company’s […]
Vietnam Payroll Guide: Compliance, Compensation, and Employer Responsibilities
Vietnam’s economic growth and skilled workforce make it an attractive destination for international businesses. However, understanding payroll regulations is essential for compliance and smooth operations. This guide covers key aspects of Vietnam payroll, including legal requirements, salary structures, contributions, and payroll processing. 1. Location and Economic Landscape Vietnam is strategically located in Southeast Asia, bordered […]
Tourism in Vietnam: A Rising Powerhouse in Southeast Asia
Looking into tourism in Vietnam, we see that the industry demonstrated remarkable resilience and growth in recent years, solidifying its position as a premier destination in Southeast Asia. In 2024, the country welcomed approximately 17.5 million international visitors, a significant increase from 12.6 million in 2023, reaching 98% of pre-pandemic levels. This surge underscores Vietnam’s […]
The Vietnam Energy Sector: A Rapid Transformation Towards Sustainability and Growth
The Vietnam energy sector is undergoing a significant transformation to meet the demands of its rapidly growing economy and to align with global sustainability goals. This article provides an overview of Vietnam’s current energy landscape, recent developments, and future directions. Early Developments of the Vietnam energy sector The Vietnam energy sector has undergone significant transformation […]
Vietnam’s Trade Union Law: Key Changes and Implications
On November 27, 2024, Vietnam’s National Assembly adopted the long-awaited Trade Union Law 2024, replacing Vietnam’s Trade Union Law 2012. This new legislation, effective from July 1, 2025, introduces significant changes aimed at enhancing employee rights, strengthening trade union operations, and aligning Vietnam’s labor framework with international standards. Below are the key amendments and their […]
The Benefits of Hiring a Japan PEO
Expanding your business into Japan can be a complex and challenging endeavor. From navigating local labor laws to managing payroll and employee benefits, the administrative workload can quickly become overwhelming. Hiring a Japan PEO (Professional Employer Organization) is an efficient solution that allows businesses to focus on growth while leaving operational complexities to experts. These […]
Philippines Statutory Updates in 2025
Here are Philippines’s statutory updates for 2025. Effective April 2025 Philippines Introduces Digital Nomad Visa for Remote Workers President Ferdinand Marcos Jr. has signed Executive Order No. 86, creating a Digital Nomad Visa (DNV) to attract remote workers. Key Details: Allows remote workers to live in the Philippines while working for overseas employers. Valid for […]
Fiji’s Tourism Industry: A Gateway to Growth and Investment
Fiji, often referred to as the “Pearl of the Pacific,” is a world-renowned destination celebrated for its pristine beaches, vibrant culture, and warm hospitality. Tourism plays a pivotal role in Fiji’s economy, contributing approximately 40% to its GDP and supporting over 100,000 jobs. For business owners and investors, Fiji’s thriving tourism industry offers a wealth […]
Fiji’s Manufacturing Sector: Opportunities for Growth and Investment
Fiji’s manufacturing sector is an integral part of its economy, contributing to economic diversification, export revenue, and job creation. As the country continues to expand its industrial base, the manufacturing industry presents lucrative opportunities for business owners and investors looking for a competitive and business-friendly environment in the South Pacific. Key Industries in Fiji’s Manufacturing […]
How an Employer of Record (EOR) Can Support Hybrid Business Expansion
The business landscape is evolving rapidly, with hybrid work models becoming the norm. Companies are embracing flexible arrangements that combine remote and in-office work to boost productivity and attract top talent. However, managing a hybrid workforce, especially during business expansion, introduces new challenges. This is where an Employer of Record (EOR) can provide critical support, […]
