Foreign retailers have been flocking to Vietnam because they see the great potential in a 90-million-consumer market. However, Vietnam has not been an easy playing field even for experienced players.

Rice with a high nutrition content, known as medicinal rice, developed by some Vietnamese food companies, has been selling well in Vietnam and the world market.

The equitization of a series of state-owned enterprises (SOEs) will end with a large part of public assets falling into the hands of a group of ‘the super rich’. 

 Many young women of Vietnamese origin have attracted special attention at beauty contests worldwide.

 The sales of iPad in the Vietnamese market have declined, even though they are competitive with other rival brands and have high quality.

“If you begin tilling the land today and then sow seeds, you will be able to harvest vegetables and carry to the market in 40 days. But it took us three years to satisfy the international standard for organic vegetables,” said Pham Phuong Thao, director of Mua Trade & Service Company, which owns the Organica shop chain.

Yen island, An Hoa commune, Tuy An district, is located far from Tuy Hoa city, Phu Yen province 15 km along the coastal concrete roads through peaceful villages. It is called Yen island because in the old days it had a lot of birds nests.

The land rent in industrial zones (IZs) has been increasing, while offices and apartments are believed to escalate soon. The real estate has heated up on the good news about TPP (Trans Pacific Partnership Agreement) and other free trade agreements (FTAs).

The rapid increase in exports to one market may force Vietnam to face anti-dumping lawsuits, while large exports to China will bring risks as this is an unsafe market.

Though experts and policy makers all admit the great advantages of ecological industrial zones (eco IP or EIP), they think such IZs cannot be developed in Vietnam at this time.