Farmers in Hanoi have had to throw away hundreds of tons of radishes because of slow sales, reflecting the weakness in Vietnam’s cold supply chain.
The stock market has shown positive reactions to the disclosure of the government’s intention to slash the corporate income tax (CIT) from 20-22% to 15-17%.
VinaCapital has invested US$32.5 million in Ba Huan, a poultry egg producer, while Kido plans to join forces with a Thai partner to make bottled milk tea and herbal drinks.
In 2014, Vietnamese were the most economical consumers in South East Asia in a Nielsen survey. However, their spending habits have changed.
Vietnam attracted US$3 billion worth of foreign direct and portfolio investments to the real estate sector in 2017, a sharp increase of 80% over the year before.
The gear motorbike market segment has become cramped with many models priced up to VND20 million.
Once the EU-Vietnam FTA (EVFTA) is signed and the tariff is cut to zero percent, textile and garment exports to the market may obtain 7-8% growth rate per annum, experts say.
Amazon will find it not easy to conquer the Vietnamese market as it will have to compete with millions of people selling products via social networks, especially Facebook, analysts say.
80% of the project’s capital that Geleximco plans to develop would come from a syndicated loan to be provided by a group of Chinese banks led by China Development Bank.
The appearance of foreign fast-fashion brands in Vietnam has dealt a strong blow to Vietnamese brands.