A recent survey by Nielsen, a market survey firm, found that with the increasingly faster pace of life and smaller scale of households, Vietnamese nowadays attach much importance to ‘convenience’ when choosing shops.

Because of poor processing technology, Vietnamese have to sell valuable farm produce at rock-bottom prices.

Vietnamese retailers have been reassured that the regulation on ENT (economic needs test) would serve as a barrier that prevents foreign retailers from expanding in Vietnam and protecting local retailers. However, analysts don’t think this will work.

Losing out in the carbonated soft drink market segment, Vietnamese drink manufacturers also cannot compete with foreign ones in products which use materials available in Vietnam.

Experts have pointed out that Vietnamese parents are ‘dictated by feeling’ when making decisions related to their children’s education. 

One in every six Vietnamese boys and one in every four girls have experienced some forms of sexual abuse. At least 5,300 of child sexual abuse cases were reported in 2011-2015.

Here are the best tourist sites in the former feudal city of Hue, which is most famous for the Hue Royal Citadel.

Many successful merger & acquisition (M&A) deals in the hotel sector were reported in the first six months of the year. Some of the deals were worth hundreds of millions of dollars.

Vietnam’s foreign exchange reserves by early 2016 had reached the record high of US$38 billion, which does not include reserves in gold.

The high growth rate of Phuc Long is just one example that shows the strong rise of domestically owned café chains, where Vietnamese like going to foreign-owned Starbucks or Coffee Bean & Tea Leaf.