Ecovis is expanding more into Asia with a new partner
With a new partner in Vietnam the consulting firm Ecovis is enlarging its presence in Southeast Asia
(PresseBox) (Berlin, )The new Ecovis partner firm, ECOVIS STT Vietnam, has got two offices in Vietnam. One office is located in Hanoi and the other one in Ho Chi Minh City. Both offices employ altogether 80 highly qualified professionals and general staff. They offer services in the fields of Audit and Assurance, Accounting and Business Process Outsourcing, International and Local Taxation, Tax Compliance Services, Business Start-up Assistance and Operations Consulting. The contact person for questions and details is PhD. Trung Nguyen, Managing Partner.
Hanoi is the capital city of Vietnam with about 6.4 million people living in it. The city was already established 1000 years ago and has the highest growing Human Development Index of all the cities in Vietnam today. According to recent estimations, Hanoi will have the fastest GDP growth of all the cities worldwide from 2008 to 2025.
Hanoi’s industrial production is subject to constant growth as well as Hanoi’s non-state economic sector, which has been expanding very fast under the Law on Enterprises of 2007. Vietnam has a population of estimated 91.5 million people and is about the size of Germany. It is in the process of transformation towards a socialist market economy which results in a rapid economic growth.
Vietnam has the highest Global Growth Generators Index among 11 major economies and its successful economic reforms resulted in its joining the World Trade Organization (WTO) in 2007. Historically, from 2000 until 2011, Vietnam's average quarterly GDP Growth was 6.61% reaching an historical top of 8.46% in December 2007 and a record of 5.89% in 2011. In recent years, the nation has been rising as a leading agricultural exporter and an attractive foreign investment destination.
Vietnam’s external trade is growing rapidly. The principal customers for Vietnamese goods are the USA, the countries of the EU, Japan and other Asian states. Imports are expanding at about the same rate as exports.