The area for organic farming makes up only 0.2% of total agricultural production, but the figure is expected to increase rapidly as more investors are considering developing organic farming projects.
Big money has been poured into amusement parks in famous tourism sites, with many projects capitalized at trillions of dong already completed or under construction.
Vietnam is the first market that Japanese food enterprises plan to enter in their aim to increase food exports worldwide.
Thai, Japanese, American and French retail giants are speeding up their plans to conquer the Vietnamese market.
After news about Sabeco’s listing was released, its share prices soared by twofold to VND130,000 on the OTC market.
As it is difficult to expand production scale due to the limited land fund in Vietnam, local investors are going abroad to develop their agricultural businesses.
There is no need for fintech companies and banks to be in competition in Vietnam, a recent forum heard, as working together would expand the market to the benefit of both.
The State Bank of Vietnam (SBV) has reassured the market that foreign currency exchange remains under control and that solutions will be applied if needed.
More than 9 million foreign tourists have come to Vietnam so far this year—a 25.4% year-on-year increase exceeding the target of 8.5 million for 2016, the General Statistics Office has announced.
Economic groups and corporations from ASEAN countries, including Vietnamese businesses, are pouring big money into neighboring countries.