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Vietnamese cosmetics less favored as foreign products dominate market
Vietnam is a large cosmetics market with turnover of US$1.1 billion last year, but there is now little room for Vietnamese manufacturers.
More Vietnamese prefer traveling abroad
Vietnamese now tend to prefer outbound tours instead of domestic ones as it has become less costly to travel abroad and foreign agencies are more professional in promoting tours.
Vietnam’s rice price out of sync with rest of world
The rice price in the Mekong Delta has increased in the last couple of weeks, which has resulted in higher export prices.
Vietnam Airlines sells cheap air tickets as aviation market heats up
Vietnam Airlines, the nation’s flag air carrier, has decided to join hands with Jetstar Pacific to market cheap air tickets priced from VND11,000 to VND1 million for both domestic and international routes.
Foreign investors rush to buy stake in Vietnamese businesses
The wave of foreign investors making capital contributions and buying a stake in Vietnamese businesses began in 2015 and increased significantly last year.
What’s happening in the retail banking market?
Many Vietnamese banks have reported high growth rates in retail banking in recent years.
Vietnam's aging population expected to work longer in future
The World Bank has estimated that by 2030, nearly one-fifth of Vietnamese will enter old age and around 40% of the population aged 70-74 will still have to work, mostly in the unofficial labor market.
Vietnamese workers warned of ‘robot threat’
Millions of textile & garment and footwear workers could be replaced with robots in the future.
US$4.4 billion enough to build hi-tech agriculture in Vietnam?
The government has decided to disburse VND100 trillion for farming projects to help develop hi-tech agriculture. It is the biggest-ever credit package given in the field.
Two dollar billionaires: does Vietnam need more?
Experts hope that Vietnam's dollar billionaires will spur the development of several business fields and open new value chains.