More and more Vietnamese manufacturers are calling for foreign investment to implement their business expansion plans.

An international airport, seaport system, road traffic and good infrastructure are attracting investment in Phu Quoc. Hundreds of trillion of dong have been poured into the island which will be an SEZ (specialized economic zone) in the near future.

Despite Brexit and the US withdrawal from the TPP, which are expected to have adverse effects on Vietnam’s economy, foreign experts and investors still have a positive impression of the economy’s performance.

Vietnam is believed to be a very attractive market for the world’s robot manufacturers as more and more local enterprises are using robots and speeding up automation in their production.

Chinese online retailers are penetrating the Vietnamese market, putting pressure on domestically made products, analysts have warned.

The one-time valid visa fee for foreigners is US$25. If Vietnam exempts Visa’s for travelers from more than 100 countries, it will lose hundreds of millions of dollars each year. 

The Vietnamese automobile market is expected to have an unpredictable year following an unsatisfactory 2017.

Expected to account for 33% of Vietnam’s population by 2020, the middle class is  a major contributor to the country’s development, according to Phung Duc Tung, head of the Mekong Development Institute.

While global trade policies take place among the world’s powerful economies, small economies like Vietnam have to sustain enormous impact from the shifts in policies.

The government needs to take action to reduce the size of the informal economic sector, economists say.