Vietnamnet
2144 news
Vietnam’s policy on tightening control over import and decreased domestic consumption as well as exports in the Republic of Korea (RoK) have prompted Korean investors to set their car part production bases in Vietnam.
The strong rise of online sales has brought great opportunities to the transport industry, especially light cargo transport.
Most Vietnamese paper plants have a capacity of less than 10,000 tons per annum, while foreign plants’ capacity is 50 times higher.
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.