Car prices in Vietnam are nearly two times higher than in other countries in the region such as Thailand and Indonesia, and much higher than in countries with developed automobile industries such as the US and Japan.
The number of newly set up businesses in the real estate sector in the first four months of the year increased sharply compared with the same period last year.
Foreign online booking agents are fiercely competing for the online tourism market worth US$9 billion in Vietnam.
The government policy encouraging investment in the power sector has created a firm framework for the development of solar energy.
The supply of high-end apartments has been increasing rapidly in Hanoi and HCM City, but sales have not been brisk.
The domestic market will open more widely to foreign cars as enterprises now will not be required to submit as many documents as they did before, as stipulated in Circular No 20/2011.
Adventure travel accounts for example only 10% of all types of tourism in Vietnam.
Why can’t the private economic sector grow more quickly, even though more policies and resolutions on developing private businesses have been created recently?
Vietnam’s coffee productivity is three times higher than the average level globally, but the profit that coffee growers pocket is low because of poor competitiveness and unstable output.
Well-known Vietnamese names in the food industry have fallen into the hands of the world’s largest conglomerates.