ACSV Legal – Doing Business In Vietnam

After a difficult two years with COVID-19, the world and Vietnam are encountering further hurdles such as the increased prices of energy, and inflation. In the past 11⁄2 years, the cost of living globally has risen more than during the past five years. This is seen to be caused by increased household demand and supply-chain shortages after COVID-19 pandemic as well as the strong labour market. Vietnam, a country of 98 million people, has the fastest-growing middle class in the region, growing at over 9% per year.