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Vietnam’s retail market: global giants unexpectedly fall short
Vietnamese have turned the tables to become dominant in the retail market, while many foreign giants have had to leave.
Opening the huge market for e-sports
Along with the development of the game market and digital entertainment platform, eSports has potential for development in a diverse and highly globalized ecosystem.
What’s behind the high GDP growth rate?
The high GDP growth rate of 5.64% reported for H1, when a number of large cities and provinces were under social distancing, businesses had to close, and people lost their livelihoods, has puzzled many people.
Vietnam to have 1,704 industrial clusters by 2025
Vietnam aims to have 1,704 industrial clusters by 2025, according to the Ministry of Industry and Trade.
Cryptocurrency fever leads to dead end for some investors
With total market capitalization value of US$1.45 trillion as of June 21, the cryptocurrency ecosystem has attracted investors but has also been an ideal hiding place for illegal activities.
Car dealers offer big discounts amid COVID-19 outbreak
Car sales have dropped sharply because of the fourth COVID-19 outbreak, prompting dealers to offer big discounts.
Four lockdowns within 18 months have hit businesses hard
In the last 18 months, lockdowns and social distancing have been imposed on four occasions. As a result, many enterprises have had to reinvest or restart business because of disrupted production chains during the social distancing periods.
Vietnam faces shortage of cold storage warehouses
The growing tendency of consumers shopping online globally has led to a sharp demand for cold storage warehouses, but investment in cold storage facilities remains modest.
VN e-commerce platforms may lose home ground
Vietnamese businesses need to prepare and move ahead to win the e-commerce race.
Great opportunity for Vietnam's semiconductor industry
The scarcity of chip supply that began in late 2020 has affected most manufacturing industries.