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.

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.