Hanoi’s race track is a combination of racing in tight and twisty streets with super-speedway, which has been designed in a way that could deliver astonishing moments for F1 fans from all over the world.
Vietnam’s telecommunication market is becoming more attractive to foreign investors as it has returned to the growth path in the first half of 2019 after a long period of saturation.
In addition to having a localization rate of 30%, made-in-Vietnam products are required to be partly produced in Vietnam, not just basic processing.
In addition to Indonesia and Malaysia, Grab will look more at Vietnam because it sees “increased deal flow on potential opportunities there,” said Grab Ventures’ executive.
According to economists and tourism experts, it is not hard for Vietnam to devise proper strategies and promote a variety of services for night business activities providing that the policy-makers could identify the demand of tourists and understand the readiness of the locals.
Foreign companies account for 80% of Vietnam`s logistics market, which is likely to be valued at US$87 billion by 2022.
Despite inherent barriers arising from a traditional mindset and the high requirement for trust in the real estate industry, the prospects for proptech in Vietnam are still positive.
In the first half of 2019, Vietnamese people bought more than 8,300 motorbikes per day.
Vietnam’s demographic dividend has reached its peak and the population is getting older progressively.
In order to avoid the risks, Vietnamese enterprises are advised to build better business strategies after the US slapped huge tariffs on Vietnamese steel.