Vietnamnet
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The appearance of big foreign retail chains like CircleK, Shop&Go, FamilyMart and Aeon and the strong rise of Vietnamese chains Vinamart, Co-op and The Gioi Di Dong have fostered the development of consumer credit in Vietnam, according to the State Bank of Vietnam.
The Vietnamese petroleum market is attracting more foreign investors.
The list of the top richest millionaires in the stock market changes regularly because of changes in business ownership, falls in share prices and slumping business.
The supply of condotels has been soaring in the last few years and investors have been advised to think carefully before pouring money into the market segment.
The lucrative tourism market is being exploited massively by domestic and foreign travellers through internet-based tools.
Kido Foods (KDF) dominates the ice cream market, with a 35% share, while Unilever, Thuy Ta and Vinamilk hold 10%, 10% and 9% of market share, respectively.
E-wallets have been changing, struggling to exist among stiff competition. No e-wallet dominates the market, with many of them designed to serve specific ecosystems targeted by investors.
As Thaco’s car sales decreased, the Quang Nam province’s budget revenue suddenly dropped by VND3 trillion. This news has been cited by economists to show the role of large private conglomerates in the economy.
Many electronics and engineering companies have become first-class suppliers for foreign-invested enterprises (FIEs) in Vietnam.
Marketed later than other tourism products, combo tours have quickly become the favorite choice for travelers as they can reduce costs.