Vietnam’s only one USD billionaire Pham Nhat Vuong, the boss of Vingroup, retains the top spot, while tycoon Doan Nguyen Duc of Hoang Anh Gia Lai Group slipped to the third position, giving the second spot to the boss of Hoa Phat Group, Mr. Tran Dinh Long. The rankings this year saw some changes.

The current challenges show that Vietnam does not have much time left. If it does not urgently develop appropriate strategies, the country will fall into prolonged stagnation, a kind of middle-income trap.

The new policy on compulsory reserves, in the eyes of analysts, indicates the SBV's determination to curb interest rates and prepare for interest rate regulation policy in 2016, experts say.

Many merger and acquisition (M&A) deals have concluded recently, after which Vietnamese companies joined Chinese textile & garment production chains.

The shares of oil and gas companies have seen a price decrease of 49% by November compared with the same period last year, the sharpest so far.

Most of the foreign debt incurred by state-owned general corporations are in their core business fields, and as such they have to look for capital to run projects.

Agriculture is an investment field which promises high risks but low profitability, just 3-4%.

E-retailing or e-commerce has become popular in Vietnam since 2004 with the number of online customers having been on the rise. 

Situated at an altitude of nearly 1,400 meters above sea level, Suoi Giang in Van Chan district, Yen Bai province is the home to the oldest tea trees in Vietnam.

Foreign invested enterprises (FIEs) account for less than 25 percent of total number of footwear enterprises, but make up 77% of total export value.