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Vietnamese consume more Japanese goods as incomes rise
Vietnamese products, which have been struggling to compete with Chinese, Thai and Korean goods, now have to compete with Japanese goods as well.
Sugar producers worried as inventory remains high
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.
Vietnam lags behind Thailand in use of blockchain in agriculture
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.
Domestically made dairy products have upper hand over imports
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.
Retail industry sees new pressure in digital era
Vietnam has 49 million internet users, or half of the total population, according to Sen Do (sendo.vn), an e-commerce trading floor.
How is Vietnam applying artificial intelligence?
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.
Commercial banks discuss M&As - again
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.
Fintechs, with technology and big data, jump into consumer lending market
Commercial banks are becoming digitalized, while fintechs, with great advantages in technology, have joined the consumer lending market.
Bamboo Airways targets tourists, follows Vietjet’s example
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.
Digital content firms worry as telcos stop payments via scratch cards
Network operators have announced the suspension of online payments via scratch cards, causing concern among digital content and online game firms.