Today’s guest is Jack Nguyen, CEO of InCorp Vietnam, a corporate services firm that helps foreign businesses set up and operate in compliance with local regulations.
We discussed Vietnam potentially losing out on major investments due to uncompetitive tax incentives; the main concerns of companies considering entering the Vietnamese market; Vietnam’s strengths in attracting investment; the ongoing increase in Chinese investment; whether exporters should be concerned about future tariffs or political shifts in major markets like the U.S.; and the policy changes that would allow Vietnam to harness its investment potential fully.
This episode was recorded before General Secretary Nguyễn Phú Trọng died and President Joe Biden dropped out of the U.S. presidential race, events which are relevant to some of what you’ll hear.
Related Links:
Vietnam enjoys surge in FDI inflows in 2023 (Vietnam+)
Tech giants might shun or leave Vietnam if policy lacks investment support: ministry (The Investor)
Vietnam considers supporting R&D costs for businesses (The Investor)
Vietnam's Foreign Investment Pitfalls and Potential