Giant retailers who have been eyeing the drug retail market for years have finally joined the game with ambitious plans to remap the market.
The Chinese JD Group has announced a plan to pour money into Tiki, a Vietnamese e-commerce website.
Japanese investors continue pouring money into Vietnam real estate firms despite the prediction that hot growth will slow in the time to come.
According to Ban Viet Securities (VCSC), the Vietnamese beer market is now controlled by Sabeco which holds 40% of market share, Heineken 25%, Habeco 18% and Carlsberg 10.8%.
IPhone X products are still selling like well in Vietnam, though international media report that poor sales because of its high price, about US$1,000.
Many Vietnamese famous brands, one after another, are being bought by foreigners.
2017 was a discouraging year for investors who poured money into condotels. However, analysts believe that once legal problems are settled, investment in this type of property will be increasing rapidly.
Vietnam, the second largest coffee exporter in the world, is importing more coffee as demand from restaurants, hotels and shops has increased.
In February 2017, the PM signed Decision 200 approving an action plan to develop Vietnam’s logistics by 2025, a large-scale plan with 60 tasks assigned to relevant ministries, agencies, associations and businesses.
Fashion, fast food, beverage, cinema and retail brands have been opening more and more stores in Vietnam as the retail sector has seen fast growth in recent years.