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Expensive tolls putting pressure on logistics industry
High tolls in Vietnam are contributing to one of the highest logistics costs in the world.
Vietnamese businesses open the door to foreign investors
More and more Vietnamese manufacturers are calling for foreign investment to implement their business expansion plans.
Phu Quoc Island sees even more investment as it prepares for SEZ
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.
Foreign media call Vietnam a rising tiger
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 attractive to world’s robot manufacturers
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.
What if Chinese control the online retail market?
Chinese online retailers are penetrating the Vietnamese market, putting pressure on domestically made products, analysts have warned.
Vietnam indecisive about visa waiver extension program
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 new turn of the automobile industry
The Vietnamese automobile market is expected to have an unpredictable year following an unsatisfactory 2017.
Does Vietnam’s future depend on middle-class development
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.
Vietnam in midst of trade war among world powers
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.