Domestic brands are expected to have opportunities to prosper in the local market amid the massive arrivals of foreign brands.

Amid a massive invasion of foreign goods in the domestic market, experts remain  optimistic about the strong rise of some Vietnamese brands.

With nearly 3,000 startups, Vietnam is entering a startup boom similar to Europe’s in the 2010-2011 period, according to Max Scheichenost, the co-founder of 15 startups. 

Repeated warnings have been given in the last two years about the growing tendency of Vietnamese registering businesses in other countries such as Singapore and Thailand, though their production and sale activities are mostly carried out in Vietnam.

Three giant e-commerce corporations, Alibaba, Tencent and JD.com of China, have arrived in Vietnam. 

Vietnam’s organ transplantation technique is now on equal footing with developed countries, experts say.

Vietnam, a promising retail market for retailers thanks to its young population and economic growth, faces a lack of qualified workers for the sector. 

Peer to Peer, or P2P lending, became more popular over the last year with the establishment of many online lending companies.

The increased presence of foreign investors in M&A deals of finance companies shows the attractiveness of the consumer credit market.

The Vietnamese snack market, with value of US$518 million in 2015, is expected to be worth US$1 billion by 2020, experts say.