Unable to compete with foreign manufacturers in the home market, Vietnamese mechanical engineering enterprises have to do outsourcing to survive.
Analysts have warned that strong brands may disappear once foreign investors buy into Vietnamese companies.
Sabeco holds the largest market share, but it is Heineken which dominates the Vietnamese beer market.
Retailers are rushing to develop online sales by offering technological solutions to attract more customers.
Under a new decree, used auto imports will have no way to enter Vietnam because of high tariffs and strict requirements on maintenance services, creating a golden opportunity for domestic automobile manufacturers.
With a 30% growth rate in the number of travelers, building or buying hotels promises big profits for investors, including capsule hotels, which have opened in Ho Chi Minh City and other tourism cities.
The VN Index this year has reached new highs, with the 1,000 point threshold, an all-time high, expected to be very near.
Foreign retail e-commerce businesses operating under the marketplace mode are increasingly dominating Vietnamese businesses in the market.
Large companies considered leaders in their fields are being sought after by buyers, mostly from Asia.
The introduction of 4G and 5G will be important foundations for Vietnam’s digital economy.