With the successful launch of MicroDragon satellite on January 18, Vietnam is in the top 4 ASEAN in satellite technology. 

Heavy reliance on FDI (foreign direct investment) and high national debts are the two biggest concerns for Vietnam’s economy, experts say.

The increasing number of online transactions has led to high demand for logistics services.

With average annual growth rate of 10 percent and revenue of $150 billion in 2018, the Vietnamese retail market is full of potential, especially for convenience stores.

With increasingly high demand, experts some years ago predicted that the organic food market would see a boom, but farmers have been reluctant to shift from traditional to organic production. 

With weak investments and poor technology, Vietnam is finding it difficult to organize hi-tech agriculture value chains.

The Ministry of Industry and Trade (MOIT) and retailers have been working together in programs to connect producers and distributors, resulting in more sales of Vietnamese-made products and local specialty food items at supermarket chains.

Vietnam’s woodwork industry benefits from ‘clean’ supply sources, not from illegally imported timber from Cambodia, experts have warned.

The prices of some smartphones reached a record high in the year, while shakeups occurred in the industry among leading players.

More flash floods and landslides have occurred in recent years in northern mountainous provinces, causing hundreds of deaths and destroying many houses.