On October 25, the Singapore-based major industrial park developer KCN held a groundbreaking ceremony for the KCN Nhon Trach 6D Industrial Park in Dong Nai Province, with a total development area of 300 hectares spanning nine locations across Vietnam (four in the South and five in the North).
The 29th: Groundbreaking Ceremony of KCN Nhon Trach 6D Industrial Park Read More »
For businesses engaged in manufacturing in Vietnam, it is common to enroll in property insurance in advance. To cover damages from natural disasters such as fire and lightning, liability accidents, and damages during construction, various types of insurance are available in Vietnam. This article aims to provide guidance on the types of insurance that can be obtained in Vietnam and the procedures involved.
When manufacturing companies expand into Vietnam, choosing the right industrial zone is a crucial point. Some provinces are actively working to attract foreign direct investment (FDI). Following the previous discussion on Hà Nam Province, this time we will introduce the situation in Bình Định Province in central-southern Vietnam. Bình Định Province has seen significant investments in industries such as food processing, feed production, wood processing, furniture production, and garment manufacturing. Additionally, due to the presence of quarries, there has also been an influx in the stone processing industry, including gravestones and tiles.
When manufacturing industries expand into Vietnam, choosing the right industrial park in a province actively pursuing foreign direct investment (FDI) is crucial. I would like to introduce a few examples of such provinces. This time, I will introduce the situation in Ha Nam Province.
The 26th: Ha Nam Province – A Province Eager to Attract Foreign Direct Investment (FDI) Read More »
When expanding into Vietnam, securing local talent becomes critical to success. This article will introduce the situation of dispatch employees in Vietnam.
When expanding into Vietnam, securing local talent becomes critical to success. This article will introduce the situation of dispatch employees in Vietnam.
On June 30 this year, the Vietnamese government promulgated Decree No. 74 (74/2024/ND-CP) regarding the minimum wage. It revised the minimum wages set by region, increasing them by an average of 6.0% per month, effective July 1. This is the first revision since the average 6.0% increase on July 1, 2022, a period of 2 years. The decision follows the proposal made to the government by the National Wage Council, which is composed of representatives from the Vietnamese government, labor, and employers.
In recent years, SDGs have been a hot topic around the world, and this time we asked MZVINA president Furuoka about the trigger for their expansion into Vietnam and the details of their business in Vietnam.
In Japan, verify if used machinery falls under export control regulations and complete necessary procedures with METI. In Vietnam, used machinery must meet safety, energy-saving, and environmental standards. According to Vietnam’s 2019 decision, certain machinery up to 20 years old can be imported with special procedures and certification proving compliance with these standards.
The 21st: About the import of used machinery in Vietnam Read More »
When manufacturing companies expand into Vietnam, it is generally common for them to either purchase land in an industrial park and construct their own factory, or to rent space in a rental factory. However, I would like to introduce a new concept called BTS (Build-to-Suite), which is a customized rental factory (warehouse).
