Eos Global Expansion

Vietnam Statutory Updates 2024

tron le wUk2U5Wirxg unsplash 1 | Vietnam Statutory Updates 2024

Here are Vietnam’s statutory updates for 2024. Effective August 2024 New Step for Certain Visa Applications All Temporary Resident Card (TRC) and Long-Term Visa (LTV) applications in Ho Chi Minh City, Dong Nai, and Binh Duong provinces to include an additional online submission step, previously required only for Chinese nationals. While this shift aligns with […]

Manufacturing in Vietnam: An Unexplored Goldmine for Global Investors

manufacturing in vietnam

With the rise of global sourcing and the quest for cost-effective production, manufacturing in Vietnam has become an epicenter for growth and opportunity.  The country’s ascension as a manufacturing hub is impressive, embodying the convergence of favorable economic policies, a burgeoning workforce, and strategic geopolitical positioning. This harmonious blend presents a practical alternative for investors […]

Vietnam’s minimum wage increase for 2024

vietnam's minimum wage

Last month, Vietnam’s National Wage Council set the minimum wage increase for 2024, amounting to a 6% rise. This was decided on due to both inflation and the country’s economic growth—it being one of the fastest growing nations economically in the region.  The increase will be implemented in July 2024. As the minimum wage is […]

The Rise of Renewable Energy in Vietnam: Opportunities and Challenges

renewable energy in vietnam wind

Let’s look at renewable energy in Vietnam and how the country became the front-runner in Southeast Asia’s green revolution Vietnam’s rapid economic growth has been coupled with a rising demand for energy, prompting a critical shift towards sustainable resources. With the world’s collective eye on green solutions  to reduce our carbon footprint and mitigate the […]

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