Besides quality of products, distribution networks determine who will win the competition in the FMCG (fast-moving consumer goods) market.

Online sellers now are not fighting for profit but for market share, analysts say.

Just within one year, the Ministry of Finance (MOF) proposed raising a series of taxes, citing international practices and the goal of increasing tax collections for the state.  

Le Hong Viet, technology director of FPT, the Vietnamese largest information technology firm, said AI (artificial intelligence) has had an extremely big impact on the economy and society. 

Analysts have found similarity between foreign investors’ net sales in Vietnam and global capital flow trends. 

The Ministry of Industry and Trade (MOIT) is drafting a government decree on the development and management of the distribution sector.

While National Assembly’s deputies believe that allocating land for up to 99 years in special economic zones (SEZs) is not a good policy, the Ministry of Planning and Investment (MPI) still persists in its opinion, saying that this would be an outstanding preference to attract investors to SEZs.

With well-known brands Big C, MM Mega Market, Robins, Nguyen Kim, B’s Mart, Lan Chi Mart and C-Express, Thai investors have a range of modern retail types in Vietnam, from shopping malls and supermarkets to home appliance centers and convenience stores.

The three special economic zones (SEZs) are on the horizon as Vietnam is setting a legal framework, preparing for the establishment of the zones.

Though exports have been growing well, concern still exists because wooden furniture industry is in need of materials.