After a long period of selection, Vietnam's national rice brand has been established and agencies are fulfilling procedures to register for international protection. However, businesses have not shown much interest.
Vietnamese brands are still dominating the domestic ice cream market, but foreign companies are following hard on their heels.
Ho Chi Minh City is leading the country in the number of foreign travelers, amounting to 50% of the total to Vietnam. However, it lags behind other localities in the development of hotels.
More than 80% of the market share for bottled tea, an industry valued at US$1.7 billion, belongs to three big players.
The difference between made-in-Vietnam and foreign-made smarthome solutions is that the former can be controlled by demands in Vietnamese, regardless of whether the house owners speak with northern, central or southern accents.
Tran Anh Tuan, deputy director of the HCMC Center for Human Resources Forecasting and Labor Market Information, cited an ILO report as saying that the risk of losing jobs has increased in the 4.0 industrial revolution era.
The construction industry is experiencing good days thanks to the warming up of the real estate market.
While some experts warn that a real estate bubble could occur in 2019, others believe there is no need to worry.
More foreign retailers have flocked to Vietnam as they believe the market is promising. But many retailers have had to leave because of stiff competition.
Central Highlands’ some years ago rushed to grow macadamia trees after hearing about huge profits the plant could bring, though they did not know if the plant could thrive in the local soil and climate conditions.