Before entering in Vietnam market, most foreign investors are eager to get comprehensive and accurate information about the investment environment in Vietnam . Therefore, Fuji IP always try the best possible support to help investors get the right information to ensure the success in Vietnam , not only to convince investors in our IP.

Labor Costs and Productivity

• Due to rising labor cost in China, many companies are forced to relocate their production. Vietnam's salary are significantly lower than those about 1/3 compared to China and in other ASEAN countries. However, it is important to understand where and with whom these benefits can be realized.

• Many companies miss out on huge cost opportunities by building their production in over-invested provinces. Between the South the Center and the North of Vietnam, the differences in salary could be up to 50% among established industrial areas.

• Bac Giang province in general and Fuji Industrial Park in particular has good conditions about favorable labor costs and workforce higher than other localities.

Market Access

• Vietnam is a market of almost 100 million people, directly adjacent to other strategically important markets of China and central location within the Asian region. Currently, Vietnam is building comprehensive Free Trade Agreements and broad logistical access with both countries and joining in TPP also.

• The modernization of Vietnam's infrastructure is happening rapidly in recent years. In terms of road coverage, Vietnam is already superior to countries like Thailand and The Philippines. Nevertheless, there are still some bottlenecks especially in urban centers.

• Therefore choosing the right location regarding market access is not an easy task. The awareness of where the target customers are situated is just as important as the skillful choice of logistical resources and the location of important productions.

• Fuji IP has cooperated with HOUSELINK, one of the reputation investment advisory firm in Vietnam to provide free data on the supporting industry provider for investors . Based on the database being searched , sorted , and is considered reliable will help investors save time as well as choosing the appropriate vendor for production activities.

Stability

• Vietnam is considered to be one of the most politically stable countries in Asia, with a sound and western open economic policy.

• Working with local authorities is still very difficult for many foreign companies. It is eeven riskier to engage with non-transparent middle men and their promise of "simple solutions". We are always trying to figure out the best solution to help our investors.

For more information, please contact us for advice absolutely free!

Bac Giang Province's policies to attract investment and Fuji industrial zone
 
2014, Bac Giang shall focus on attract the high added value investment projects. Therefore, Bac Giang shall selectively attract investors, prioritize projects with high added value , less polluting the environment in the area. Accordingly, the province will focus on industries such as high technology, electronic components manufacturing, mechanical engineering, food, materials and equipment, LCD,..

In order to attract, speeding up investment projects in the province, Bac Giang province shall interest in to create clean land and complete infrastructure, reform administrative procedures for investors.

In addition to investment incentives in accordance with the general plan, the province shall build more supportive policies for investors such as : Recuitment, trade conection between the input sources & suppliers to producers and the the output distribution.

• The process of granting investment certificates (15 days)

• The procedure after granting investment certificates :

Estcort to visit, survey Fuji Industrial Park, and  meet representatives  of Bac Giang province leaders.

Call us anytime to setting up a travel.

• Investment consultancy
• Certificate of investment
• Business registration, company seal
• Certificate of land use rights, construction permit, certificate of fire protection.etc.

VISA FOR ENTRY INTO VIETNAM

Pursuant to the ministry of foreign affair No: 02/2013/TT-BNG : GUIDING THE GRANTING, EXTENSION, AMENDMENT AND SUPPLEMENTATION OF DIPLOMATIC PASSPORTS, OFFICIAL PASSPORTS AND GRANTING OF DIPLOMATIC NOTES FOR VISA APPLICATION  . download this legal document for more information

This is ideal if you are entry into Vietnam:

• Attending to businesses or investments in Vietnam and travel to Vietnam frequently
• Looking for or exploring business opportunities in Vietnam

WORK PERMIT

Pursuant to the Goverment No. 102/2013/ND-CP: ELABORATING SOME ARTICLES OF THE LABOR CODE ON FOREIGN WORKERS IN VIETNAM. download this legal document for more information

Subjects of application

1. Workers being foreign citizens that work in Vietnam (hereinafter referred to as foreign workers) in one of the forms below:

a) Working under labor contracts;

b) Being reassigned within the company;

c) Implementing contracts or agreements on business, commerce, finance, banking, insurance, inspection plan, culture, sports, education, vocational training, and health;

d) Providing services under contract;

đ) Offering services;

e) Working for foreign non-governmental organizations or international organizations in Vietnam that are allowed to operate within Vietnam’s law;

g) Volunteers;

h) The person in charge of establishing the commercial presence;

i) Managers, executive officer, experts, technicians>

k) Participating in the execution of contracts and projects in Vietnam.

2. Employers of foreign workers include:

a) Enterprises operating within the Law on Enterprises, the Law on Investment, or the International Agreements to which the Socialist Republic of Vietnam is a signatory;

b) Foreign or Vietnamese contractors (main contractors, subcontractors);

c) Representative offices, branches of enterprises, agencies, organizations, and contractors licensed by competent authorities;

d) State agencies;

dd) Foreign non-governmental organizations, political organizations, socio-political organizations, socio-political-professional organizations, social organizations, socio-professional organizations, international organizations in Vietnam;

e) Public service agencies established within the law;

g) Offices of foreign projects or international organizations in Vietnam;

h) Operating offices of foreign partners in business cooperation contracts in Vietnam;

i) Law-practicing organization in Vietnam;

k) Cooperatives and associated cooperatives established and operated within the Law on Cooperatives;

l) Public service agencies established within the law;

m) Business household and individuals allowed to do business within the law.

For example a work permit: download

Support in preparation of environmental impact assessment report.

• Geological Survey

• Construction design

• Packaged construction and installation.

• Project management consultancy help investors manage cost, schedule and ensure quality

• Project implementation planning  consultancy

24/7 security service offer a total security solution including: 24hr quarding, access control, construction security.

Expert and worker accommodation: Separate designed dormitory for workers and experts in the Industrial Park is close to clean, and airy.

Office for lease (business center), IT center, banking, logistics, etc...

We partner with the recruitment center and job placement, vocational training schools to help investors easily recruit workers.

Introduce customers to other services through prestigiuos partners:

• Accounting
• Logistics
• Warehousing
• Supporting in finding apartments for foreigners
• Legal and audit support
• Language teaching centers.

Factory care and maintenance