Vietnamnet
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With 12 percent of families having children aged below one and 20 percent of families having one- or two-year olds, the highest proportion in South East Asia, Vietnam is a promising US$7 billion market for companies which provide goods and services for mothers and children.
Many Vietnamese plastics companies have decided to open their doors widely, receiving more foreign shareholders amid increasingly fierce competition in the market.
Vietnamese companies are dominating the cooking oil market despite the presence of big foreign brands.
Sixty-three foreign airlines from 25 countries and territories will have 105 international air routes to Vietnam by October 2018, a sharp increase compared with 2016 when there were 78 air routes.
While more and more foreign giants are coming to Vietnam, domestic plastics companies are still fumbling for a way to control supply sources.
Investors have poured more capital into Vietnamese technology startups amid the strong rise of new technologies such as AI and Big Data.
The prosperity of the stock market in 2017 and the first months of 2018 has helped banks increase accumulated capital.
Vietnam remains one of the few beer markets in the world which is still maintaining high growth. However, not all breweries have succeeded in the market.
Though 4G is still in early development, experts say Vietnam should think of preparing for 5G soon.
Vietnamese youth, who account for 60% of the total population, are a promising market for health and beauty products. The industry has an average growth rate of 30% per annum.