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Increased pressure on domestic banks comes from foreign rivals
Foreign banks are increasing their presence in Vietnam through various forms by establishing 100% foreign-owned banks or opening branches. With advantages of capital and services, once TPP takes effect, foreign banks will have more advantages in Vietnam.
Vietnamese served low-quality coffee
According to the latest survey by the Vietnam Standards and Consumers Association (Vinatas) in Hanoi, Ho Chi Minh City, Binh Duong and Soc Trang, a third of local coffee products were either of extremely low quality or even fake.
A Vietnamese temple in France
Not only unique in terms of architecture, the temple of dead soldiers in Indochina is also a historical witness to Vietnam-France relations.
Vietnamese fruit loses market share at home
Vietnam has many advantages for tropical fruits, but because of poor packaging, marketing and high prices, local fruits cannot compete with imported products.
Vietnamese businesses burdened with labor costs
Some provisions of the Labor Code have placed difficulties on enterprises, especially those with a high number of workers.
VietNamNet’s 2016 Concert features well-known revolutionary songs
VietNamNet's national concert Dieu Con Mai (Things Everlasting) took place successfully at the Hanoi Opera House on the National Day afternoon.
Strong rise of new players in Saigon cinema market
The HCM City cinema market has become much more competitive with the closure of Galaxy Nguyen Trai, one of the most important cinemas of Galaxy Cinema, and the rise of several newcomers.
Wildlife trafficking continues despite tough laws
The number of wildlife trafficking cases has been increasing at a breakneck speed in recent years.
E-commerce growth stumbles as some websites close
Lingo.vn, the Vietnamese e-commerce website which announced its ambitious plan to become No 1 in online sales, has shut down.
Rubber industry losses continue
The figures released by the General Department of Customs (GDC) show significant problems for Vietnam’s rubber industry: the more it exports, the less money it gets.