Few venture funds have been set up in Vietnam, and few startups have successfully called for capital from the funds.

Concert Vol. 105 with the performance of conductor Honna Tetsuji, cello soloist Tsutsumi Tsuyoshi and the Vietnam National Symphony Orchestra will take place at the Hanoi Opera House, 1 Trang Tien, Hanoi on November 29.

Many investors have been reluctant to buy a stake of equitized SOEs (state owned enterprises) because of problems in current regulations and the internal weaknesses of the enterprises.

According to Euromonitor International, Vietnam was ranked 32nd in the world in demand for food packaging in 2015 with 3.915 million tons. 

100% foreign-owned filling stations and the sale of a stake in petroleum companies by the state have not been enough to create a competitive petroleum market.

Though experts all agree that SEZs must be run with ‘special political institutions and outstanding policies’, they dare not ‘make a breakthrough’ and design regulations which go beyond the current legal framework.

Among Vietnam’s rare and precious herbs, Ngoc Linh ginseng and agarwood are in the top positions in terms of preciousness and selling prices. 

The fierce opposition by traditional taxi firms to Uber and Grab, the uncertainty of state management of bitcoins, and the number of Vietnamese starting up businesses in Singapore all show that it is necessary to amend the legal framework in the context of the digital economy.

Vinamilk is leading the domestic fresh milk market, but is now being challenged by newcomers.

The Swedish businesses coming to Vietnam in the second investment wave are focusing on consumer goods, according to analysts.