Although Vietnam has reported high growth in wood and wooden product exports in recent years, only 5% of the exported products were designed locally, stated Nguyen Quoc Khanh, chairman of HCMC Handicraft and Wood Industry Association.
The movement of saying ‘no’ to disposable plastic products, especially plastic cups and straws, has forced plastic manufacturers to change production strategies.
The sugar industry is experiencing stormy days as prices have dropped dramatically. However, some companies are thriving and plan to ‘swallow’ their rivals.
Some companies are developing from tour operators into product providers in order to gain advantage in a technology-controlled era.
Vietnamese businesses have been warned of being taken over by foreign conglomerates.
Private investors are financially capable and willing to make investments in aviation infrastructure, but still cannot get the go-ahead from the government.
Spaces, the world’s coworking space supplier, opened its first center at 28 Tran Hung Dao, Hanoi City on May 7, marking its entry into Vietnam's market.
The serious water shortage in Sa Pa is attributed to the excessive number of hydropower plants.
While observers believe that it’s the right time to pour money into resort real estate, they also warn of the hot development of the market segment.
Many families are relying on smartphones to educate their children, but this is inadvisable, experts say.