Vietnam’s industrial real estate sector is poised for growth, driven by policy reforms, increased foreign investment, and new and expanded industrial zones. By 2030, the country will add 221 new zones, expand 76, and adjust 22 under approved local planning schemes.
The Immigration Department of Vietnam has announced new policies on easing entry procedures for foreigners and overseas Vietnamese (OVs) as well as their family members with valid visas or visa exemptions.
The Ministry of Planning and Investment (MPI) is drafting a decree to support the development of enterprises investing in agriculture and rural areas in a bid to draw investment into the sector.
The northern port province of Quang Ninh has introduced new policies in the hope of making processing-manufacturing one of the three key pillars in its industry sector, along with mining and power and gas production and distribution.
A range of new policies will come into effect this month, including fines of up to 100 million VND (4,192 USD) for business owners who fail to pay their employees.
Foreign traders not present in Vietnam will have the right to export or import under Vietnamese law and international treaties that the country has signed.
A series of new policies are coming into effect this month, including regulations relating to foreign diplomats and policies to support poor students, raise awareness of legal assistance.