The lack of a common voice among managers, the changes in business strategies, and the weak role on the board of directors are some of the reasons foreign shareholders have left Vietnamese banks.
While Asian investors are dominating real estate investment and mergers and acquisitions (M&As) in Vietnam, many European and American firms have chosen to invest in listed property companies, according to a specialist of Savills Vietnam.
Vietnam was the strongest gold jewellery market in Asia last year, according to the World Gold Council’s report about gold trends in 2017 released recently.
Nearly 1,000 “clean” agricultural and other speciality products and consumers goods are on display at the Green Market–Tet Consumer Products fair, which opened on February 8 at the Phu Tho Stadium in HCM City’s District 11.
The increasing demand for consumer goods and evolving distribution systems enable the fast moving consumer goods (FMCG) to become the fastest-growing segment in Vietnam.
The Vietnamese e-commerce market contains unexpected elements this year, including Tiki receiving investment from a Chinese partner, Shopee flying up, Lazada getting support from Alibaba, and Cho Tot announcing new ambitions.
The growing appetite of consumers for natural cosmetics has fuelled the billion-dollar domestic cosmetics market, which has recently seen increasing presence by local players.
Businesses are trying to keep the prices of consumer goods down despite recent fuel price hikes.
Up to 1,650 property transactions were successful in Hanoi in January, up by 13.8% from December 2017, reported the Ministry of Construction’s Housing and Property Market Management Department.
Many goods imported from the Republic of Korea (RoK) into Vietnam will be exempted from import taxes in 2018, due to the Vietnam-Korea Free Trade Agreement (VKFTA).