The great success of Vietjet Air, which was smaller and less experienced than Vietnam Airlines and other rivals when it joined the aviation market, has inspired newcomers like Bamboo Airways.
Network operators have announced the suspension of online payments via scratch cards, causing concern among digital content and online game firms.
Phu Quoc, Van Don and Bac Van Phong, in order to develop into powerful SEZs, need to have an outstanding business environment and new institutional policies, experts say.
LINE expects to make a comeback to Vietnam through its investment in webtretho.com.
The map of the Vietnam’s e-commerce market is being redrawn as more and more foreign firms have entered the field.
Pharmaceutical companies are hiring retail chains to distribute their products, rather than develop distribution networks of their own.
Vietnamese are some of Southeast Asia’s biggest buyers of luxury cars. As many as 8,670 luxury cars of different kinds were sold in Vietnam in 2017, a decrease of 15 percent from 2016, according to one report. However, the amount of money spent on the cars was VND20 trillion.
Chinese FDI (foreign direct investment) flow to Vietnam has been increasing rapidly recently as Vietnam is one of the destinations included in China’s ‘One belt, one road’ strategy’.
Vietnam targets building at least three smart cities in 2017-2020. But to reach that goal, it needs to have better infrastructure, more money and a more qualified workforce.
Vietnam, which is drafting a strategy on foreign direct investments (FDI) to 2030, has been advised to lure more investors from the US and the EU to diversify FDI capital sources.