Vietnam, the second largest rice exporter in the world, is facing big challenges.

Russia's invitation to Vietnam to make investments in its far eastern area has been welcomed by local economists.

Managers of nearly 1,000 plastics packaging companies are now faced with a new import tariff on PP beads, the major input material. It is priced three times higher than the previous rate.

Over the past month, a new tour has been launched in Hoi An, attracting a large number of tourists, especially foreigners. 

Warning about the wave of millionaire emigration, economists say that millionaires are taking foreign currencies abroad, creating problems for Vietnam to control the foreign currency outflow.

With the collapse of TPP, the textile & garment industry will have to revise its investment and development strategy.

At least four foreign investors have drawn up casino and betting projects capitalized at billions of dollars in Vietnam.

A MOIT report shows that after the last seven years of the ‘Buy Vietnamese’ campaign, 92% of consumers now have interest in domestically made products, and 63% of consumers are choosing Vietnamese goods instead of imports of the same kinds available in the market. 

Though appreciating Japanese support to Vietnam’s industries, economists say that Japanese automobile manufacturers’ claims for investment incentives are unreasonable.

The Ministry of Industry and Trade (MOIT) and the Ministry of Agriculture and Rural Development (MARD) are working with Indian counterparts on the removal of the country’s ban on imports of six agro-products from Vietnam.