In the fierce competition in the online food ordering market, worth $33 million as estimated by Euromonitor, players need to have good technology but also many delivery people to win.
More corporations are buying shares in enterprises in the same business fields in an effort to become the dominant players in the market.
Vietnamese enterprises are finding it hard to improve production value since they remain dependent on imported materials.
High technologies can help improve productivity, but many farmers cannot afford the investment.
Total goods exchange output will increase rapidly, bringing opportunities to Vietnam’s shipping firms, experts said at a seminar on container maritime transport, held on the occasion of the launch of a book on maritime transport in Vietnam by leading expert Lars Jensen.
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.