Hiroshi Saito

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.

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).

When manufacturing companies expand into Vietnam, the selection of an industrial park in a specific region is an important consideration. There are certain provinces in Vietnam that are particularly enthusiastic about attracting foreign direct investment (FDI). I would like to introduce a few examples of such provinces. This time, I will introduce the situation in Hung Yen Province, which is located in the northern region near Hanoi and has an advantageous location.

When manufacturing companies advance into Vietnam, the selection of an industrial park in the region is an important point. There is a province that is enthusiastically working to attract foreign direct investment, so I would like to introduce a few examples. This time, I will introduce the situation in Ba Ria – Vung Tau province, which is located near Ho Chi Minh City and is rich in energy resources.

Risk engineering refers to a service that aims to predict, prevent, and mitigate potential risks such as fire, occupational accidents, and crime. Especially when expanding into Vietnam, it is extremely difficult for a company to implement preventive measures against all risks on its own. Therefore, it is common to request specialized providers such as insurance companies to investigate and examine the risks.

When entering the manufacturing industry in Vietnam, selecting the industrial park in the right region is a crucial point. There are provinces that are actively working to attract foreign direct investment, and I would like to introduce some examples of these. This time, I will introduce the situation in Long An Province, which is conveniently located near Ho Chi Minh City.

When expanding into Vietnam’s manufacturing sector, choosing the right industrial park in the region is crucial. There are provinces actively committed to attracting foreign direct investment (FDI) across the region, and I would like to introduce a few examples. This time, I will introduce the situation in Binh Duong Province in southeastern Vietnam.