Vietnamnet
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Money collection services have brought big money to commercial banks.
Economists at a forum on Vietnam’s economic integration in December last year all agreed that Vietnam needs to prepare for the rising economic and political influence of China.
The Ministry of Industry and Trade (MOIT) has said that the presence of Amazon in Vietnam will give opportunities to Vietnam’s businesses to reach the world market, but businesspeople are not so optimistic.
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.