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).
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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.
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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.
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Vietnam recognizes the importance of protecting intellectual property rights, which include copyright, industrial property and plant varieties.
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