Vietnamnet
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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.
Imported CBU (completely built unit) cars are expected to flood Vietnam, as domestic automobile manufacturers prepare to launch new models.
Years ago, only foreigners were appointed by multinationals to key posts at their branch offices in Vietnam. But that has changed.
Banks and payment gateways are now the most effective way for hi-tech criminals to transfer dirty money and conduct illegal actions.
Travel firms are thinking of developing astrotourism activities to attract domestic and foreign travelers.
Hundreds of poultry farming companies provide meat and eggs, and tens of thousands of household-run farms are operating throughout the country. However, no powerful company has yet to lead the market.
Encouraged and supported by the government and local authorities, the startup movement in Hanoi has not developed well despite numerous business ideas.
Reports have found that the amount of money Vietnamese travelers spend on shopping overseas is higher than the fees of their tour packages.