Vietnamnet
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Garment manufacturers feel pressure from foreign fashion brands
While Vietnamese garment companies think the domestic market is too small, foreign investors consider Vietnam the "new land" to exploit, with the garment market worth US$4.5 billion.
Vietnam urged to focus on making 2-wheel vehicles
While the Ministry of Industry and Trade (MOIT) and experts have decided that Vietnam needs to develop an automobile industry of its own, other experts believe that the ‘automobile dream’ is ‘far away’ and that Vietnam should focus on making 2-wheel vehicles.
Military companies’ shares sought as defense ministry divests from businesses
Viettel, the telecom group, and Tan Can Sai Gon (SNP), a port developer, are the two names topping the list of military companies sought by investors.
Vietnam masters space technology, opens new space center
The National Satellite Center, which regulates activities related to space and satellite, will be renamed Vietnam Space Center on July 17.
Inflation may return by the end of 2017: analysts
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.
Foreign banks scale down business in Vietnam
Some large foreign banks operating in Vietnam have recently scaled down their business or withdrawn capital from Vietnamese banks.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?
Foreign travelers on sharp rise, putting pressure on tourism infrastructure
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.
Supermarkets stock more imports as retail war heats up
Foreign supermarkets have stepped up distribution of their products as the retail war heats up.
Food courts move to suburbs
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.
Good news from Vietnam’s robot industry
Though Vietnam still doesn’t have a real robot industry, several enterprises have created useful products for the market.