Vietnamnet
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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.
The current conditions are all favorable for Vietnam to export rice: global demand is high while export prices are on the rise. However, the unstable domestic rice market still concerns exporters.
Some experts have proposed allowing foreigners to buy condotels in Vietnam to attract the foreign cash flow.
The number of 100% foreign owned banks in Vietnam has increased by twofold in the last two years to nine.
Vietnamese exporters have been warned that it will be more difficult to export products to the US as the US administration has increased local production protection and tightened control over imports.