Retail chains specializing in products for mothers and children now have to compete with private shops and vendors, whose low cost is a great advantage.
Industrial real estate developers are using “clean land” funds and building workshops for lease in anticipation of a wave of foreign investors relocating to Vietnam.
The hotel market has been growing quickly, with the number of projects developed by foreign investors and managed by foreign brands increasing from 30 in 2010 to 79 by the end of 2017.
While The Ministry of Education and Training insists on the 2-in-1 exam model, education experts doubt its feasibility, saying that it is unreasonable to merge two exams with different purposes – high school finals and university entrance exams.
Vietnam has been building up its automobile industry for the last 20 years, but the number of automobiles assembled in Vietnam is far below that of Thailand, Indonesia, Malaysia and the Philippines.
Uber’s departure from the Vietnamese market has created a space for Vietnam’s apps to develop. Vato, Aber, 123xe and the newcomer Fastgo are among them.
Vietnam has been receiving big investments from Japan, Singapore and the Republic of Korea, and new capital from China.
Vietnam’s steel and steel products have been subject to many anti-dumping lawsuits in recent years.
The stock market is still seeing foreign investors pour money into bank shares, analysts say.
Vietnamese beer brands still hold 70 percent of market share, but tastes are changing and people are spending more on high-end products.