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Experts sound the alarm over counterfeit drugs in Vietnam
No report exists about the scale of the counterfeit drug market in Vietnam, but experts believe that the market is large and that many drugs are easily faked.
How many Vietnamese are buying houses in the US?
Many Vietnamese have bought properties in the US, but this has not generated cash flow from Vietnam to the US, according to the State Bank of Vietnam (SBV).
Cosmetics manufacturers face thorny path to develop organic products
Avoiding the crowded industrial cosmetics market segment, Vietnamese manufacturers are developing organic products. However, the path to success has not been smooth.
More Vietnamese books sold abroad
Several Vietnamese private publishing houses have gained success in exporting books, though the number remains modest.
Vietnamese manufacturers ‘forget’ food market for Muslims
The food market for Muslims is vast, with estimated value of US$580 billion worldwide, but Vietnamese enterprises still have no business strategies to conquer the market.
Low land taxes prompt rich to hoard money in houses
A house with a floor area of 100 square meters on Dong Khoi street in District 1 of HCMC has a market price of VND1 billion per square meter.
Tens of trillions of dong of state capital nearly lost in equitization
More than 96% of SOEs slated for equitization have been equitized, but only 8% of the state’s capital has been transferred to the private sector.
Vietnam aims to design and launch satellite
Scientists believe that Vietnam should master remote-sensing satellite technology as it will have to buy geostationary telecommunication satellites for dozens of years more.
Foreign real estate brokers expanding in Vietnamese market
The property market segment which brings the highest profits is mostly controlled by foreign enterprises.
Consumers prefer small convenience stores over giant supermarkets
Some years ago, analysts predicted that modern distribution channels would develop rapidly in Vietnam as income continued to rise.