Attracting foreign capital will allow Vietnamese pharmacy firms improve their competitiveness and develop the national pharmacy industry. However, analysts warn that the market may fall into foreign hands.
In 2016, total investment value in startups in Southeast Asia reached US$1.5 billion, but less than US$100 million was poured into Vietnam.
Unilever and P&G alone hold up to 80% of the domestic detergent market, pocketing huge profits. With revenue of US$600-650 million a year and growth rate of 10%, the Vietnamese detergent market is very attractive to manufacturers.
The flavor of tea appears clearly after drinking, and the scent spreads in the mouth with a sour and bitter taste that only tea connoisseurs can realize.
Foreign investors have shown their intention to buy a stake in Habeco and Sabeco, but Vietnamese experts say that local buyers should protect the two brands.
Increasing the localization ratio in industrial products and becoming more involved in the global production and supply chain are the top concerns of Vietnamese enterprises.
FPT Shop, the direct importer of Apple iPhones and iPads in Vietnam, has announced that iPhone 8, iPhone 8 Plus and iPhone X will be available in Vietnam by the end of October or early November and priced from VND20.99 million.
Chicken feet are processed with many spices and enjoyed in different ways which can satisfyany diner’s taste. The dishes have become more popular in Hanoi.
In the past, visitors always bought boxes of salted or sugared dry fruits on Hang Duong Street as gifts.
Many Vietnamese tycoons have won battles with foreign businesses, successfully preventing foreigners’ hostile takeover attempts.