With an aim to promote tourism, local provincial authorities are calling on airlines to open air routes to their areas. Some provinces are even willing to compensate airlines’ losses during the first phase of operation.

Experts have urged state management agencies to take necessary measures to drive the current strong cash flow into real estate out of the market as prices are increasing, depriving low-income earners of the opportunity of owning houses.

As Vietnam is a bright spot in the region for tourism, hotels and resorts in Vietnam are being eyed by more investors.

Vietnamese bankers have been warned that they should beware of not only well-known banks from Japan, UK, Singapore and the US, but rivals from the Republic of Korea (ROK) as well.

Vietnamese are wasting many good agricultural products as they sell them as raw materials instead of processing them for added value. 

Many businesses, from startups to big express delivery firms, have jumped into the market of fast delivery services for online shops.

Imports from the Republic of Korea (ROK) have been increasing rapidly since the Vietnam-ROK FTA took effect in late 2015, as Vietnam’s largest trade deficit is now with the ROK, not China.

Forecasts say Vietnam’s online tourism market’s value may reach US$9 billion in the next three years.

Vietnamese banks with powerful financial capability are investing in Laos, Cambodia and Myanmar, betting on the prosperity of their markets.

Vietnamese businesses believe there will still be enough customers for Vietnamese products, despite growing competition from foreign fashion stores.