Located in the heart of South East Asia, The Socialist Republic of Vietnam has experienced a steady economic growth during the last twenty-five years. Starting from the late 1980s, the central government has initiated a vast array of economic reforms, commonly known as “Đổi Mới´” (open door) with the objective of moving the country away from a centrally planned economy, penalized by large-scale production, trade deficits and hyperinflation, back to a market oriented one.
Governing effectiveness is the foundation of a country’s state development and it triggers progress in all key areas: security, economic and social context, as well as environmental matters.
Starting a new business is hard when trying to achieve success, especially if you are planning to start in a new city. The final outcomes can be influenced by the business nature and its goals, the cost of living in the chosen city and the ease of doing business.
Weighing the decision requires a larger amount of information. In order to help entrepreneurs, 3 studies that may help in making a more accurate decision are presented below.
The role of the government has been evolving over the last several years. Gone are the days when agencies simply served as administrative bodies that did little more than set and enforce regulations, collect, process and store information.
