The HCMC People’s Committee believes that mobile phones must bear a luxury tax or special consumption tax (SCT) as it is called in Vietnam.

While Vietnamese livestock companies complain they are meeting difficulties, foreign companies are eager to invest in Vietnam.

Many temporary huts have been set up to receive tourists on An Bang Beach in Cam An Ward of Hoi An City.

Digital transformation’ entails digitizing business activities to generate data which could be used for specific business purposes and corporate governance.

The illegal service came out soon after Facebook became popular in Vietnam and it is now the livelihood of a high number of people. The service is offered on the internet and Facebook.

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.