The Hanoitimes – A market with population of nearly 100 million is more than enough for domestic firms to boost sales and expand market shares. While the Covid-19 pandemic is causing a demand shock for export-reliant countries, including Vietnam, Vietnamese enterprises are turning to the domestic market of close to 100 million people to overcome this […]
Read MoreThe Hanoitimes – Hotels in Quang Ninh province were over crowded over the weekend. The Vietnamese government is considering reopening to foreign tourists as the country and the world enter a new normalcy driven by the Covid-19 pandemic, Prime Minister Nguyen Xuan Phuc said at a meeting with key leaders of Quang Ninh province on May […]
Read MoreThe Hanoitimes – M&A in hotels and resorts is expected to thrive as the social distancing orders have left devastating affects on low-end hotels and budget accommodations. Low or no occupancy at all are leaving many hospitality businesses in Vietnam on the verge of bankruptcy. However, this situation provides significant merger and acquisition (M&A) opportunities. More […]
Read MoreThe Hanoitimes – While other countries are setting up specific and clear priorities to attract FDI projects, Vietnam is still pursuing a strategy with multiple targets that could lead to missed opportunities. Vietnam is not the only magnet for a new wave of foreign direct investment (FDI), which came as a result of global companies diversifying […]
Read MoreVietnam is aiming to have 55 percent of its population shopping online by 2025, with average consumer spending rising to 600 USD per year, according to a master plan on e-commerce development for 2021-2025. Vietnam is aiming to have 55 percent of its population shopping online by 2025, with average consumer spending rising to 600 USD per […]
Read MoreMobile money is about to be launched in Vietnam despite worries about management methods. Minister of Information and Communications Nguyen Manh Hung said the ministry and the State Bank of Vietnam (SBV) plan to license mobile money service to telcos. It is expected that mobile money services will be carried out throughout the country, giving […]
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