Vietnamnet
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The value of Vietnam’s exports to the US increased from US$1 billion in 2001 to US$38.46 billion in 2016, and it may reach US$40 billion in 2017.
While Vietnamese banks pay VND20 million (US$900) or so to every worker, foreign banks pay three times higher.
Vietnamese goods have to go through many intermediaries to enter foreign supermarket chains. As a result, enterprises have to pay high costs to sell their goods, and cannot develop their brands.
More and more Vietnamese travelers are choosing outbound tours instead of traveling domestically as the tours are getting cheaper.
Vietnamese coffee companies are trying to export processed products instead of raw materials, while in the domestic market, they are attempting to change consumer habits with the message ‘clean coffee’.
In the first months of 2017, the number of real estate transactions at the Notary Public Office No 1 in HCMC increased by 17-27% compared with the same period last year.
To obtain a 6.7% GDP growth rate in 2017, Vietnam needs to change its economic structure, experts say.
The news that Thai Aerospace Services has been chosen by Honda as the distributor of HondaJet in the SE Asian market has caught public attention.
Despite many preferences given for decades, VnSteel, with its spearhead, Tisco, has not succeeded as well as the the steel industry had hoped.
The Competition Law was passed 13 years ago, but the number of times the law has been cited to fight against monopoly and collusion has been very modest.