Vietnamnet
2149 news
As many as 3,000 Vietnamese logistics firms have to compete fiercely with 29 multinational companies to have the right to carry Vietnamese exports to the world market.
Adidas’ tendency of relocating production bases to places near major markets is expected to have adverse effects on Vietnam’s footwear industry.
Though they have official practice cards, freelance tour guides will become unemployed if they cannot satisfy new requirements in the 2017 Tourism Law which takes effect on January 1, 2018.
The increasing number of travelers and government policies to boost tourism development have prompted investors to build hotels.
All three special economic zones (SEZs) Vietnam plans to set up – Phu Quoc, Bac Van Phong and Van Don – will give priority to services, tourism and integrated entertainment with casinos.
Vietnamese commercial banks are planning to sell a stake in their company to foreign investors to attract capital and hasten their restructuring before listing shares on the bourse.
State management agencies still have not agreed on a way to manage bitcoin and other kinds of digital currencies.
Wealthy Asian investors have been bringing billions of dollars to Vietnam and hunting for big investment opportunities.
Vietnam is still under big pressure to call for capital for domestic debt swap, with 50% of domestic debts expected to reach maturity in the next three years, according to the World Bank.
The cinema market was estimated to have modest value of US$6 million in 2008, but the figure soared by 10 times in 2013 and exceeded the US$100 million threshold in 2015, according to CGV.