Expert Column

In Vietnam, when researching various industrial parks to start manufacturing operations, English abbreviations are often used. Therefore, this time, I would like to focus on introducing abbreviations commonly used in industrial parks or manufacturing.

When entering Vietnam, a concern is whether the environment is conducive for expatriates to live comfortably. The author has been living in Vietnam for 17 years, and when they first arrived, there were no Aeon malls, Takashimaya, or Japanese convenience stores. They used to travel to Singapore to buy Japanese food and clothing.

In order for foreigners to work in Vietnam, a work permit that allows employment is required. Most Japanese nationals are required to obtain this work permit, but in recent years, the stringent conditions have led to an increase in cases where it cannot be obtained. This article will provide an overview of the work permit and explain how to obtain it.

Export Processing Enterprises (EPE) refer to enterprises established and operating within export processing zones, or enterprises operating within industrial parks or economic zones and exporting all of their products. Recently, a new category called Export Manufacturing Enterprises (EME) has been established, and each category is eligible for preferential tax treatments. This time, I would like to provide information about the tax incentives available to companies certified as EPE or EME.

When operating factories and warehouses in Vietnam, security measures are crucial. If proper security measures are not taken to prevent the intrusion of suspicious individuals from the outside and to prevent theft of equipment and products within the factory, it can lead to severe consequences. While Vietnam is generally a safe country with relatively few violent crimes like homicides,…

Vietnam’s Industrial Real Estate Market: The industrial real estate market in Vietnam has remained relatively stable during the COVID-19 pandemic. Here are some key points about the current state of this market.

Trends in investment by Japanese companies: I would like to summarize the presentation by Mr. Nakajima, the director of JETRO Hanoi office, at the “Investment Seminar for Japanese Companies” hosted by the Provincial Government of Hung Yen Province in northern Vietnam on September 27th.

When starting production activities in Vietnam, it is necessary to hire a large number of workers and management staff who can speak Japanese or English. Although labor costs in Vietnam have been rising over the years, they are still only about 1/3 of those in China and 1/2 of those in Thailand, so there are still many benefits for the manufacturing industry. This article will introduce how to recruit workers and management staff in Vietnam, points to be aware of during recruitment, and how to retain the recruited staff.

Today, I would like to provide guidance on the method and precautions for selecting industrial parks when Japanese manufacturers expand into Vietnam.

When foreign investors establish a company in Vietnam, they need to obtain an Investment Registration Certificate (IRC) first, followed by an Enterprise Registration Certificate (ERC) as a two-stage process.