After winning bids to sell rice to Indonesia and the Philippines, Vietnamese exporters are attending a bid to sell rice to the Republic of Korea (RoK) and preparing for another contract with the Philippines.

Many travel firms, after making heavy investments in online tourism, are earning increasingly high revenue. 

Vietnamese products, which have been struggling to compete with Chinese, Thai and Korean goods, now have to compete with Japanese goods as well.

Sugar companies have once again shouted for help as the volume of inventory is increasing rapidly, while the domestic market is flooded with smuggled sugar.

Agriculture is the livelihood of 70% of Vietnamese. However, high prices, unequal quality, and the lack of information about products have all made it difficult to compete with Thai products of the same kinds in international and domestic markets.

Domestic dairy production has been increasing rapidly, while the proportion of imports in total domestic consumption is on the decrease, which is good news for Vietnam’s dairy industry.

Vietnam has 49 million internet users, or half of the total population, according to Sen Do (sendo.vn), an e-commerce trading floor. 

Artificial intelligence (AI) is being used in Vietnam in apps used such as face-identification technology cameras, smartphone chatbots, self-propelling vehicles, and nano robots developed by FPT Group, Zalo Brain and Zalo Assistant by VNG.

After a quiet period, M&As have once again become a hot topic of discussion at banks’ annual shareholders’ meetings. Several big deals are expected to be completed this year.

Commercial banks are becoming digitalized, while fintechs, with great advantages in technology, have joined the consumer lending market.