With Idemitsu and its partner KPI planning to distribute petroleum products from Nghi Son Oil Refinery, a way out for Nghi Son has been found. 

According to the Wall Street Journal, Tan Hiep Phat Beverage Group, one of the largest drink firms in Vietnam, is seeking foreign investors, through selling a minority stake. According to a close source, if the deal is completed, Tan Hiep Phat can be valued up to US$2 billion.

Though demand has increased as foreigners are now allowed to own houses in Vietnam, real estate developers dare not raise selling prices.

Vinh Hy Bay is known for the blue sea, white sand and relatively unspoiled landscape, suitable for those who love adventure traveling and the sea world.

Vietnam, an agricultural country which has great advantages to produce natural foods, still has to import products of this kind for domestic consumption.

More than 20,000 businesses were dissolved or stopped operation within one quarter. 

More than 60% startups have been using information technology (IT) in their business. Small and medium enterprises now tend to use IT to create their competitiveness, but the IT application index remains modest.

 As the Korean wave continues to spread across Asia, its latest drama series Descendants of the Sun (Hau due mat troi) has gained popularity among young people in several Asian countries. 

Some Vietnamese brands have left large cities for rural areas, while others are under pressure from foreign competitors as the country integrates more deeply with the world economy.

Buon Ma Thuot is the capital and also the most popular destination in Vietnam’s Central Highlands. It attracts visitors by the immense coffee forest, the unique gong culture, and spectacular natural scenery.