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.

After collecting tens of billions of dong from selling tours at a tourism trade fair held in Hanoi earlier this month, travel firms hope they can earn the same at a similar event to be held in Ho Chi Minh City.

More than half of the investors seeking to buy land on Phu Quoc Island and areas to be used as special economic zones (SEZ) in the future are from the north and Hanoi.

After a quiet period, the online food market has become more active with the appearance of many new service providers.

Wooden furniture manufacturers have been warned that they will face more trade barriers as export markets have applied new policies to restrict imports.

In bankers’ eyes, 2018 is the time to try to attract foreign capital to boost growth. However, they will have to scramble and compete for investors.