{"id":1064,"date":"2020-03-25T21:57:28","date_gmt":"2020-03-25T12:57:28","guid":{"rendered":"http:\/\/suzuki-global.com\/?p=1064"},"modified":"2021-06-19T20:47:51","modified_gmt":"2021-06-19T11:47:51","slug":"venture-company-to-ho-chi-minh-city-in-vietnam","status":"publish","type":"post","link":"https:\/\/suzuki-global.com\/en\/venture-company-to-ho-chi-minh-city-in-vietnam\/","title":{"rendered":"Reasons for venture companies (Japanese \/ foreign-affiliated companies) to enter Ho Chi Minh City, Vietnam"},"content":{"rendered":"<h2>Expansion of venture companies (Japanese \/ foreign-affiliated companies) into Ho Chi Minh City, Vietnam<\/h2>\r\n<p><span style=\"font-weight: 400;\">Formerly known as Saigon, Ho Chi Minh is a fast, young and vibrant city in southern Vietnam with a population of about 7.5 million. Ho Chi Minh ranked second in the world&#039;s most dynamic cities in a survey by the leading real estate company JLL.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Currently, the Vietnamese government is promoting Vietnam&#039;s own technical development. There are many young, talented and future young people in Ho Chi Minh City, and we are advancing measures and businesses for a better future by cooperating and forming partnerships between Vietnamese companies and foreign-affiliated companies expanding into Vietnam. Currently, Ho Chi Minh attracts many foreigners including Koreans and Japanese. By blending foreign and Vietnamese culture, Ho Chi Minh has created a unique and global cityscape and manners. Going forward, we will continue to evolve into a very attractive city where collaboration between Vietnam and foreigners is expected.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">In this article, learn why Ho Chi Minh is considered one of the best cities in the world for venture businesses.<\/span><\/p>\r\n<h2><span style=\"font-weight: 400;\">Ho Chi Minh: Reasons for venture companies to expand<\/span><\/h2>\r\n<p><a href=\"http:\/\/suzuki-global.com\/wp-content\/uploads\/2020\/01\/ho-chi-minh-1280.jpg\"><img loading=\"lazy\" src=\"http:\/\/suzuki-global.com\/wp-content\/uploads\/2020\/01\/ho-chi-minh-1280.jpg\" alt=\"ho-chi-minh-1280\" width=\"570\" height=\"380\" class=\"alignnone wp-image-89\" srcset=\"https:\/\/suzuki-global.com\/wp-content\/uploads\/2020\/01\/ho-chi-minh-1280.jpg 1280w, https:\/\/suzuki-global.com\/wp-content\/uploads\/2020\/01\/ho-chi-minh-1280-600x400.jpg 600w, https:\/\/suzuki-global.com\/wp-content\/uploads\/2020\/01\/ho-chi-minh-1280-768x512.jpg 768w, https:\/\/suzuki-global.com\/wp-content\/uploads\/2020\/01\/ho-chi-minh-1280-360x240.jpg 360w\" sizes=\"(max-width: 570px) 100vw, 570px\" \/><\/a><\/p>\r\n<h3><span style=\"font-weight: 400;\">1) Ho Chi Minh youth<\/span><\/h3>\r\n<p><span style=\"font-weight: 400;\">Nearly 70% of Ho Chi Minh&#039;s population is under the age of 30. Many young people want to make their dreams come true as an entrepreneur.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">As a result, the culture is dynamic, the business speed is fast, and the system for accepting new technologies is in place.<\/span><\/p>\r\n<h3><span style=\"font-weight: 400;\">2) Support from Ho Chi Minh Vietnam<\/span><\/h3>\r\n<p><span style=\"font-weight: 400;\">New technology is being increasingly accepted with the support of Ho Chi Minh City&#039;s government, Vietnam.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Vietnam has been recognized as one of the best countries in the world for manufacturing apparel and other clothing.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">In recent years, the number of young people with IT technology is increasing, the authority of engineers is increasing, preferentially attracting to each industrial park, and it is evolving at a remarkable momentum.<\/span><\/p>\r\n<h3><span style=\"font-weight: 400;\">3) Ho Chi Minh has low business and living costs<\/span><\/h3>\r\n<p><span style=\"font-weight: 400;\">Compared to many cities around the world, Ho Chi Minh&#039;s business and living costs are low.<\/span><span style=\"font-weight: 400;\">Ho Chi Minh is optimized throughout the city, including well-equipped infrastructure, resulting in lower living costs.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">In addition, Ho Chi Minh has many talented people even if the labor cost is low compared to other countries, so it is very attractive to venture companies.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">It would be the result of a wealth of measures such as financial support from Ho Chi Minh and the Vietnamese government, business promotion programs, and training programs.<\/span><\/p>\r\n\n<table id=\"tablepress-3\" class=\"tablepress tablepress-id-3\">\n<thead>\n<tr class=\"row-1 odd\">\n\t<th class=\"column-1\">&nbsp;<\/th><th class=\"column-2\">item<\/th><th class=\"column-3\">Attractive reason<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-hover\">\n<tr class=\"row-2 even\">\n\t<td class=\"column-1\">\u2460<\/td><td class=\"column-2\">Excellent young people in Ho Chi Minh<\/td><td class=\"column-3\">70% are under 30<\/td>\n<\/tr>\n<tr class=\"row-3 odd\">\n\t<td class=\"column-1\">\u2461<\/td><td class=\"column-2\">Vietnam tax incentive<\/td><td class=\"column-3\">software<br \/>\n10%, 15-year preferential tax rate, including: tax exemption 4 years, 50%, 9-year tax reduction<br \/>\n<br \/>\nIndustrial complex<br \/>\nTax exemption 2 years, 50%, 4 years tax reduction<\/td>\n<\/tr>\n<tr class=\"row-4 even\">\n\t<td class=\"column-1\">\u2462<\/td><td class=\"column-2\">Inexpensive business and living costs<\/td><td class=\"column-3\">Personnel expenses, rent, financial assistance, business promotion program<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\r\n<h2><span style=\"font-weight: 400;\">Venture companies should advance to Ho Chi Minh<\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">In the case of ventures, most foreign entrepreneurs keep in mind their forays into foreign companies.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">The establishment of a foreign-affiliated company, which is 100% foreign-owned in Vietnam, must go through a very complicated process. We encourage you to consult with a Ho Chi Minh trusted expert first.<\/span><\/p>\r\n\r\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Venture companies (Japanese and foreign companies) advance into Ho Chi Minh City, Vietnam Formerly known as Saigon, Ho Chi Minh City is a city in the southwest of Vietnam.<\/p>","protected":false},"author":1,"featured_media":1006,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,76],"tags":[121,126],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/1064"}],"collection":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/comments?post=1064"}],"version-history":[{"count":10,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/1064\/revisions"}],"predecessor-version":[{"id":3116,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/1064\/revisions\/3116"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/media\/1006"}],"wp:attachment":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/media?parent=1064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/categories?post=1064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/tags?post=1064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}