The National Satellite Center, which regulates activities related to space and satellite, will be renamed Vietnam Space Center on July 17.
It will be difficult to curb inflation if unreasonable measures are used to reach a GDP growth rate of 6.7% and low inflation rate of 4% in 2017.
Some large foreign banks operating in Vietnam have recently scaled down their business or withdrawn capital from Vietnamese banks. What is happening with the banking sector?
As the number of foreign tourists continues to grow at a high rate, travel firms have been advised to disperse travelers to many tourism sites to avoid overloading.
Foreign supermarkets have stepped up distribution of their products as the retail war heats up.
The food court model, popular in Singapore, Hong Kong and Thailand, is thriving in Vietnam. While many food service chains huddle together in central business districts and pay high retail rent, some new food service models are moving to the suburbs.
Though Vietnam still doesn’t have a real robot industry, several enterprises have created useful products for the market.
Brand new cars are being sold at hundreds of millions of dong lower than initial prices, while used cars remain unsold.
Improving the quality of exports is the top requirement that Vietnamese manufacturers must meet in order to have their goods accepted by foreign supermarket chains.
Very few privately run clinics in Vietnam can make a profit, and after several years of operation, many have shut down.