The Ministry of Industry and Trade (MOIT) has proposed an original idea – manufacturing car models that other regional production bases do not make.
Private Vietnamese air carriers are the leading corporations in the field of tourism and resort real estate. Sovico Holdings has Vietjet, Thien Minh Group has Hai Au, and FLC is moving ahead with Bamboo Airways project.
Steel manufacturers are facing bigger barriers, trade remedies and measures to restrict imports from major markets. However, exports are expected to reach US$3 billion this year.
Vietnamese products have more opportunities than ever before to conquer the world market. Through foreign distribution networks and global e-commerce websites, Vietnamese products have entered choosy markets without the need to use many intermediaries as in the past.
Analysts believe that the stock market is still the most effective investment channel this year, though the yield will be lower than in the golden days in the past.
Foreign fast food chains in Vietnam are some of the most famous in the world, but many of them have had to leave or close some of their shops in the country.
The number of renewable energy plants capitalized at VND1.2-1.4 trillion has been increasing rapidly.
Rapid-fire news about state divestment from 10 profitable state-owned enterprises emerged in 2016, but no further news has been reported this year.
In the last 10 years, Vietnam has seen the establishment of private joint stock companies operating in many different business fields.
The low GDP growth rate of 5.1% in the first quarter of the year, the lowest rate in the last two years, has made it more difficult to reach the 6.7% GDP growth rate target for 2017.