The past year has witnessed unbelievably impressive results for Vietnam’s tourism industry, with a record 15.6 million international visitors and 80 million domestic tourists, and total tourism revenue of VND620 trillion (US$26.95 billion).
The automobile industry is one of the world’s most important economic sectors by revenue. In Vietnam in particular, the industry dated from 1955 after the liberation of North Vietnam. Between 1955 and 1975, the nation mainly manufactured auto parts, meeting the demand on maintenance and repairs.
The list of renewable energy projects registered by both foreign and domestic investors in the country has been growing consistently since the feed-in-tariff hike, but further work is required to meet the goals.
The Vietnamese workforce is facing opportunities and challenges in technology disruption ahead of the Fourth Industrial Revolution.
Vietnam is now making great efforts to develop its own smart energy industry. Koos Neefjes, director and climate change expert from Climate Sense Company, provides an insight into how Vietnam can realise its potential and how investors can reap the benefits from the industry.
The Law on Cybersecurity entering into force requires cross-border platforms to establish representative offices or branches in Vietnam, but challenges for local tax authorities are far from over.
Vietnam is making great strides to increase international integration for trade expansion and investment attraction.
After obtaining major achievements since 1988, Vietnam has now begun focusing on luring new-generation foreign direct investment with higher quality and effectiveness.
The EU-Vietnam Free Trade Agreement is set to be inked over the next few months, and then await official ratification, with huge benefits and opportunities laying ahead for Vietnam and EU investors in the country.
With the prospects of power shortages in the coming time as well as concerns about transmission line and grid connection, solar rooftop panels could ease power demand, while contributing to sustainable development. VIR’s Phuong Thu reports on what makes rooftop solar panels shine in Vietnam.