Miniso has been mentioned repeatedly in local newspapers. The retailer has announced its official presence in Vietnam through a franchise contract signed with Le Bao Minh Group.

If shares of Domesco Medical Import/Export JSC are bought by Abbott, the latter will increase its ownership ratio in the third-largest pharmacy firm to 51.7% of chartered capital.

The sale of Sabeco, the largest beer manufacturer, and Vinamilk, the largest dairy producer, is expected to bring great opportunities to foreign investors.

Prime Minister Nguyen Xuan Phuc has instructed state management agencies to protect strong national brands, including Habeco, Sabeco and Vinamilk, after the state sells its stakes in the enterprises.

The domestic used-car market is busy with total value of US$3 billion a year as estimated by Anycar Vietnam JSC.

Experts have warned that some Vietnamese shipping firms, incurring big debts, will soon follow Hanjin and file for bankruptcy. At least two – Vinashinlines and Falcon – have been following procedures to declare bankruptcy.

The images of Obama eating bun cha and drinking Habeco beer in Hanoi appeared on all local newspapers in May, when Vietnamese attention was drawn to the President’s official visit to Vietnam.

After swindling partners and appropriating huge sums of money, a number of tycoons have fled abroad. Some of them have been arrested, while others have settled down in other countries.

 BKAV (Bach Khoa Anti-virus Center) attracted people’s attention launching BPhone with shocking statements and an impressive debut ceremony.

French President Hollande’s visit to Vietnam is expected to pave the way for new business opportunities, even though France’s trade and investment activities in Vietnam remain unimpressive.