A series of new airport projects and upgrading of existing airports have been suggested with total investment capital of billions of dollars.
Investors are in a market where the risks are higher than in 2017. However, this doesn’t mean there are no investment opportunities.
Many Vietnamese businesses have been reportedly tricked by foreign partners from Morocco, Canada, New Zealand and the US recently.
Both state-owned and private businesses are eyeing aviation infrastructure projects, which are believed to bring high profits thanks to increasingly high travel demand.
Experts say the legal framework for consumer financing is still not open enough, creating difficulties in attracting foreign capital.
With 55 million internet and smartphone users, ebooks are becoming more common in Vietnam’s publishing industry. However, as the commercial infrastructure for e-publication trade is still limited, there are more challenges than opportunities.
The Vietnamese retail market, which had record-high revenue of US$69.45 billion in the first half of the year, is witnessing a rush of convenience store openings.
Consultants say that even startups with high capability and good business ideas are finding it difficult to call for investment.
As there are no records about online sales, officials find it difficult to identify taxpayers and calculate the tax amounts they owe.
The Ho Chi Minh City hotel market this year has welcomed many foreign brands, including Mandarin Oriental, Movenpick and Best Western Premier.