The growing demand for electricity and investment in Vietnam is catching the attention of renewable energy investors. However, existing procedures to resolve disputes seem to be giving investors trouble.
Foreigners have been growing more interested in buying houses in Vietnam despite obstacles in ownership.
The inherent incompatibility of uniform taste offered by franchise restaurants and regional differences in taste have contributed to the downfall of Pho 24 and the poor sales of Pho Ong Hung, which offer many lessons to learn from.
With strong growth spurred on by rising investments and exports, the high-tech agro-forestry-fishery sector has, for the first time, been officially considered as one of the key propellants of national economic growth in 2019. However, businesses are awaiting new incentives.
Mergers and acquisitions (M&A) in the retail and consumer market maintained its pace in 2018 with more deals clinched. Not only did foreign retail giants use M&A to enter Vietnam, local businesses are also on the offensive to regain some ground.
2018 marked an important change in the Vietnamese logistics industry, when international and domestic logistics businesses made significant investments in technology innovation to boost their networks in anticipation of growing trade from the upcoming enforcement of landmark free trade agreements.
The past year marked new movements among the biggest overseas investors in Vietnam, with Japan, the Republic of Korea (RoK) and the United States heading to Southeast Asia with new policies to protect markets, possibly signalling a landmark wave of foreign investment into the country for 2019.
Japanese retailers AEON, Takashimaya, 7-Eleven, and FujiMart will create new consumer habits instead of buying and hunting for sales like Big C and Metro Cash & Carry did 10 years ago.
Savills believes the real estate market will continue to remain robust, despite the demise of the Trans-Pacific Partnership (TPP). In its place, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will become an important driver for continued investment in all sectors of the economy, especially in real estate.
Vietnam is undergoing attempts to reduce the emission of greenhouse gases in urban areas. Adam Ward, the representative for Vietnam at the Global Green Growth Institute, gives an insight on how the nation can accomplish this mission and create greener urban areas.