Contrary to all predictions, overseas remittances to Vietnam in 2017 increased by 10.4%, estimated at over US$10 billion.
Tiki has received a hefty investment, Shopee is marching forward in midst of victory, Lazada has resources from Alibaba, and Cho Tot has new ambitions.
The Vietnam shipbuilding industry has been developing in 10-year cycles with pinnacles in 1987, 1997, 2007 and 2017. As the highest peak of the latest cycle is over, an oversupply may occur in 2018.
The huge investments in Thaco, Vinamilk, the Asia Commercial Bank (ACB) and Refrigeration Engineering Enterprise (REE) all have relations with Jardine Matheson.
While large travel firms are optimistic about the government plan to attract 15 million foreign travelers in 2018 and obtain total revenue of VND620 trillion, some analysts doubt the feasibility.
Asian real estate developers have increased their presence in Vietnam, while European and American investors have remained indifferent to the market.
Importing Australian cows to fatten and slaughter domestically was once a profitable business, but has changed dramatically in recent years.
Chinese capital is heading for a series of business fields in Vietnam. What will the capital bring?
Real estate ranked third among business fields which received the most FDI (foreign direct investment) capital in 2017, with US$3.05 billion committed, accounting for 8.5% of total registered FDI capital, according to the Foreign Investment Agency.
IT workers are in very high demand as technology firms are planning to expand staff this year. The average pay in the industry is 3-4 times higher than many other fields.