Car imports to Vietnam have dropped sharply in anticipation of Decree 116 which sets strict regulations for locally assembled automobile businesses as well as importers.
The vigorous growth of the internet and technology in Vietnam is expected to provide a platform to support the development of a digital economy.
While other regional countries have made big leaps in developing their retail industries, the achievements gained by Vietnam have been modest in the last 10 years since Vietnam joined the WTO.
China buys 85% of Vietnam’s total mineral exports, but the price of exports to the market is 60% of the average export price.
The 6.81% GDP growth rate in 2017 has been announced by GSO (General Statistics Office), the only agency in Vietnam in charge of providing official statistics. However, leading experts question the figure.
For the 8X, 9X and 10X generations, “Hey, let’s have a milk tea” has replaced the classic invitation for “A cup of coffee?”.
Scientists from the Institute of Environmental Management Science have carried out research evaluating the dual environmental benefits brought by climate change adaptation solutions.
The development of coal-fired power plants in Vietnam depends largely on foreign financial resources, especially China.
Tourism is emerging as one of the most promising business fields, but its development has been hindered by many inadequacies.
International institutions have given positive comments about the operation of the Vietnamese banking sector.