The Vietnamese drug market, valued at US$5.2 billion, is attracting more foreign investors and multinationals.
Some foreign funds are leaving Vietnam after making huge profits from their investment deals, while others are entering the country to seek new opportunities.
Vietnam once put high hopes on automobile joint ventures, believing that foreign technologies would help develop the automobile industry. However, it now believes that it would be better not to rely on outsiders.
While some analysts note that a number of foreign banks have withdrawn capital from Vietnam banks, others see signs of a third investment wave from foreign investors.
According to the Ministry of Investment and Industry (MOIT), 183 foreign brands have been granted a franchise in Vietnam, mostly from the US, Australia, the Republic of Korea (RoK) and the EU.
The modern retail model is one of the best ways to approach the Vietnamese consumer goods market, with its young population, rising income, and shifting consumption habits, from traditional stores to shopping malls.
Car dealers and buyers are ‘holding their breath’ before January 1, 2018, when car prices are expected to see big fluctuations.
Sacombank and VP Bank are leading the list of banks with the highest NPL (non-performing loans) ratios.
To obtain a 20% credit growth rate this year, total outstanding loans will have to increase by VND1,200 trillion. In the last five last months of the year, VND700 trillion is expected to be pumped into circulation.
While investors remain optimistic about condotels, seeing promising profits, experts are concerned about the rapid development of the real estate product.