Vietnamnet
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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.
Contrary to all predictions, Vietnamese enterprises are willing to spend big money to use robots and advanced technologies in their production lines.
Vietnam exports laborers to help youth get a good job and to improve the professional qualifications of Vietnamese workers.
Peer to Peer Lending (P2P), under which lenders and borrowers connect via apps, has been developing rapidly in Vietnam.
The e-commerce community predicted that 2018 would be the year of fashion products in Vietnam, noting that busy office workers were buying more clothes from online shops.
Thai investors are expected to increase their presence in Vietnam through capital contribution and M&A deals, analysts say. This will pose a challenge for Vietnamese goods.
Some Vietnamese businesses are trying to make domestic brands better known internationally through franchise contracts. If they can find partners, they will be able to accomplish their goals more quickly.
The non-cash payment service market, a lucrative one in Vietnam, is mostly under control of foreign service providers.
Vietnam is among the countries with the highest selling price of cars in the world.