A typical characteristic of the 4.0 industry revolution is the faster diffusion and larger coverage of new technologies, as well as the higher speed in realizing innovative ideas.

The increase in Chinese FDI in Vietnam is good news, but there are many risks that need to be anticipated.

It is expected that the average dairy product demand of Vietnamese will increase to 28 liters per annum by 2020.

Buying electricity directly from private companies running renewable energy power plants, and not through Electricity of Vietnam (EVN), is being considered.

“Unlike two years ago, many analysts have warned that Vietnam will m witness a trade deficit. However, I believe the trade deficit will still be within control,’ said Vo Tri Thanh, a respected economist.

Ride-hailing apps have been expanding their market share, attracting more customers and becoming more ambitious in the e-payment field.

Not much work has been done to prepare for the opening of the competitive retail market, slated for 2021. Under the PM Decision released in October 2013, the competitive electricity market will take shape in a 3-stage roadmap.

Home markets are the biggest markets for Chinese, South Korea, Japanese and Amercian mobile phone manufacturers, but this has not occurred in Vietnam.

Though air pollution has worsened in Hanoi and HCM City, air quality forecasts are insufficient because of a lack of monitoring stations.

Vietnam’s businesses now have great opportunities to boost exports through official channels to China as the Chinese government is encouraging official imports, and the shipping fee is decreasing.