Vietnam is well placed to seize opportunities from the burgeoning growth of the unmanned aerial vehicle (UAV) sector, with the domestic market projected to reach US$2–3 billion by 2030, targeting US$10 billion in revenue and 1 million jobs by 2035, according to experts.
The environmental, social and governance (ESG) commitment is no longer just talk but action as businesses in Vietnam shift from planning to execution, according to a PwC Vietnam survey that shows sustainability and governance are now strategic imperatives.
Vietnam’s retail sector is on track for strong growth, presenting compelling investment opportunities as domestic consumption continues to rise.
PwC's 2024 Asia-Pacific Consumer Insights Survey reveals that 63% of Vietnamese consumers intend to increase spending on essential goods over the next year, followed by 52% on clothing and 48% on healthcare products.
VOV.VN - The country’s economic growth is forecast to be positive over the short term, according to predictions made the London-based audit service supplier PricewaterhouseCoopers (PwC).
VOV.VN - Profits of domestic retailers hit their lowest point in the first half of this year, whilst businesses are on the right track to recovery, according to analysts.
Analysts believed that profits of almost domestic retailers hit their lowest point in the first half of this year, and the businesses are on the path to recovery.
Green transition in Vietnam would require new investments in at least 60% of the country's infrastructure, according to PwC.
VOV.VN - Corey To, an economist at the Hong Kong Trade Development Council (China), has positively assessed the potential of the Vietnamese consumer market, noting that the country has recorded strong economic resilience after the COVID-19 pandemic.
Despite concerns about a recession, economists said merger and acquisition (M&A) activities in the renewable energy industry still have much potential.