Many overseas Vietnamese, or Viet Kieu, have given up the plan to buy houses and settle down here because they cannot meet required procedures.
A draft law on cyber security requires foreign companies providing internet and telecommunication services in Vietnam to have operation licenses, a representative agency and an open data center in the country.
Many Vietnamese companies have launched products and services specifically designed to target Generation Z, or customers born after 1995.
Drug distributors have been expanding their networks by opening new drugstores and taking over other chains.
More than 3 million tons of meat were consumed in Vietnam in 2016, according to Euromonitor. With a value of US$18 billion, Vietnam is the third largest market for meat in Asia, behind China and India.
Kien Giang provincial authorities’ proposal to allow the dollar to be used in Phu Quoc Special Economic Zone (SEZ) has stirred controversy.
Vietnam needs a gradual sustainable increase in forex reserves, rather than a shocking increase as seen in the last two years, according to analysts.
Foreign investors have poured trillions of dong into shares of large infrastructure companies which promise modest but stable profits.
A number of yarn, weaving and dyeing projects have restarted after a period of postponement due to the US withdrawal from the Trans-Pacific Partnership (TPP). However, the textile & garment industry still faces difficulties.
The exhibition “Sun Rising over the Mekong: 50 Years of Vietnamese Painting”, which features iconic painters trained at the École des Beaux-Arts de l’Indochine in Hanoi, will be held by Raquelle Azran Vietnamese Contemporary Fine Art in London from November 3-9.