Over 140 countries have joined hands to implement a groundbreaking global tax agreement, designed to ensure that multinational corporations contribute their fair share through a minimum tax rate. Spearheaded by the OECD, this agreement imposes a minimum effective tax rate of 15% on corporate profits, aiming to put an end to the practice of sheltering massive profits in tax havens. Additionally, it aims to eliminate the allure of countries serving as tax havens for corporate giants. While neighboring Southeast Asian economies like Singapore and Thailand have opted to postpone the implementation ..read more

In the last episode, we listened to the stories and experiences of Zott and Schogetten in Vietnam. In part two of the show, we will dive deeper into the intricacies of marketing strategies employed by the two German brands, and we explore insights from a marketing expert, like RedFern Digital.  We also uncover the innovative solutions and strategies implemented by Zott and Schogetten to tackle the unique challenges of the Vietnamese market, shedding light on their approaches to capturing the hearts and taste buds of Vietnamese consumers. Finally, we will hear directly from all the guests ..read more

In recent years, Vietnam's food market has boomed, attracting international brands seeking to satisfy the country's diverse culinary preferences. German food companies are among those seizing this opportunity, introducing a range of products from sausages to chocolates. Yet, success demands more than quality; effective branding is essential. Join us as we explore the landscape of German food brands in Vietnam, discussing their triumphs and hurdles. Plus, we'll share insights to help these exporters develop tailored branding strategies for Vietnamese consumers. Together with our guests, we unra ..read more

As the Gateway to the Mekong Delta, Long An’s economy was focused on agriculture for the longest time. In recent years, however, the province has emerged as an industrial hub. Long An, strategically located at the crossroads of Tien Giang, Dong Thap, Tay Ninh, and HCMC to the north, with Cambodia to the east, boasts a network of rivers and canals spanning 8,912 km. Anchored by the Vam Co Dong and Vam Co Tay rivers, alongside the pivotal Soai Rap, Long An serves as a vital gateway for manufacturers and logistics, facilitating seamless trade of raw materials and agricultural products to HCMC, th ..read more

Welcome to our 2nd podcast on Laos, where we bring you insightful conversations with industry leaders and experts. In today's episode, we have the privilege of hosting representatives from the European Chamber of Commerce and German investors in Laos, who have been working in Laos for a long time joined us:   ·       Tim Scheffmann – CEO & Founder LTS Ventures – Fintech Company, representative of German business  ·       Lukasz Nitka – Partner & Director J&C Group – Deputy President of Eurocham in Laos   Together, they share in ..read more

Laos, the heart of Southeast Asia the country that developed drastically to become a land link from a landlocked, has been undergoing economic reforms and institutional development for the past three decades. The country is surrounded by Myanmar, Cambodia, China, Thailand, and Vietnam. The economic outlook for Laos is positive, with a projected growth rate of 3.9 percent in 2023 and an average of 4.3 percent in the medium term, driven by the recovery of the service sector and export activities. Laos's geography also shapes its foreign relations as it has strong connections with its neighbors f ..read more

#36: Implementing the German Supply Chain Due Diligence Law: A Golden Opportunity to Establish Vietnam's Business Position in the Global Supply Chain#36: Thực hành  Luật thẩm định chuỗi cung ứng: Cơ hội vàng để xác lập vị thế doanh nghiệp Việt trong chuỗi cung ứng toàn cầu [Tiếng Việt bên dưới]  The new German Supply Chain Due Diligence Act came into effect on January 1st, 2023, establishing groundbreaking regulations for corporate responsibility in global supply chains. In this landmark legislation, companies will now be required to conduct extensive human rights and environmental d ..read more

Vietnam's geographical location near the equator blesses it with both a tropical climate and a temperate climate zone. These climate conditions provide a year-round growing season for a wide variety of fruits and vegetables.  2023 can be considered a fruitful year for Vietnam's fruit and vegetable export market. Statistics from the Ministry of Agriculture and Rural Development showed that the export turnover was estimated at $3.45 billion in the first eight months of this year, an increase of 57.5 percent over the same period last year. The export of vegetables and fruits from Vietnam to ..read more

The logistical infrastructure and trade flow development in the CLMV Sub-region is a topic of great interest and importance for the economic integration and cooperation of Cambodia, Laos, Myanmar, and Vietnam. These four countries share common challenges and opportunities in terms of connectivity, competitiveness, and sustainability. The development of logistical infrastructure and trade flows can enhance the efficiency and resilience of their supply chains, reduce trade costs and barriers, and increase their access to regional and global markets. The CLMV Sub-region has made significant progr ..read more

Cambodia is one of the fastest-growing economies in Southeast Asia, with a GDP growth rate of 5.2% in 2022. The country has successfully transformed from a post-conflict nation to a dynamic market economy, attracting foreign direct investment (FDI) from various sources and sectors.  According to a new report by the National Bank of Cambodia, FDI inflows in Cambodia between mid-1994 and end-2021 amounted to $41 billion, rising by 11.2% from the end of 2020. FDI has been a key driver of Cambodia’s export diversification and sophistication, especially in the garment, footwear, electronics, a ..read more