At least five foreign investors have announced they will vie to acquire Big C Vietnam but Vietnamese investors remain indifferent to the deal.
Relying on some certain trade partners is risky, especially China, which can be unpredictable.
Deputy Minister of Industry and Trade Do Thang Hai recently acknowledged the phenomenon that some foreign investors are taking advantage of cheap labor of Vietnam as a springboard to enter larger markets.
Burger King, a famous fast-food brand, has experienced tough days in the Vietnam market.
Chairman of Vingroup Pham Nhat Vuong is still the only Vietnamese on Forbes' list of the world's richest people, ranked 1,011th. This is the 5th time Vuong was named on this list.
Vietnamese retail chains are hurrying to expand their networks in anticipation of stiff competition with foreign giants.
Vietnam's most famous pianist, People’s Artist Dang Thai Son will come back home to give concerts at Hanoi Opera House on March 9-10.
Many Vietnamese businessmen are well known in the country not only because they have trillions of dong worth of assets, but also because they are brothers as well as billionaires.
The inter-ministerial circular No 27 which took effect on February 15 is expected to make a breakthrough in scientific research as it allows scientists to take initiative in their work.
Without the government’s incentives, Vietnam’s first oil refinery of Dung Quat would have had losses of VND27,600 billion (over US$1 billion) since 2010, when it began operating.