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On June 19, 2008, the preferential import tax rate of several categories under subheadings 2710.19.13.00 and 2710.19.14.00 in the preferential import tariff was amended by The Ministry of Finance (MOF).
Enormous progress in infrastructure development has been accomplished in Vietnam in recent years. The country is by now investing more than one third of its GDP; about 9% goes into infrastructure.
Vietnam is well-known for a disciplined, hard-working, and fast-learning population. Traditions emphasizing learning and respect for authority as well as low wages and a high adult literacy rate are often cited by investors as among one of the most attractive aspects of the country’s investment environment.
Vietnam recognizes the importance of protecting intellectual property rights, which include copyright, industrial property and plant varieties.
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