Technology is booming and chief financial officers need to utilize the opportunities from new trends, especially for young economies like Vietnam, in order to ensure growth, productivity, and cost reduction, according to Chairman of the International Association of Financial Executives Institutes (IAFEI) Fausto Cosi.
Thailand has more than 50 million residents but welcomes 35.4 million foreign visitors while Vietnam can only attain half as much as that figure despite nearly doubling in population.
Even China awaits after the US elections to devise appropriate strategy so Vietnam must wait for response accordingly.
The current situation makes Vietnamese businesses understand that innovation is pivotal, which is a positive signal of the economic transformation in the country.
The future would be driven by the startups whose businesses are led by young people that is why Vietnam has so much potential in today revolution since Vietnam’s population is very young and most of them are high tech entrepreneurs, according to Datuk Yasmin Mahmood.
In today's extremely competitive market, brand-building is the way to go to separate you from the rest of rivals as it has the possibility to tap into people's psychology and delivers what the potential buyers actually want, according to Ch’ng Toh Ghee, Director of PropertyPages.
The biggest barrier to improve gender equality is often lain in deeply held social norms, beliefs and behaviors, according to Babeth Ngoc Han Lefur, Country Director of Oxfam in Vietnam.
Entering the US market with iced milk coffee Nuticafé, NutiFood is showing its obvious ambition to dominate the instant coffee market share not only in Vietnam but also over the world.
Vietnamese readers are probably aware of the many risks associated with the property market in Vietnam, but if we look at overseas luxury property booms that later went bust, we can see a few other lessons for investors to consider.
Sightseeing fee increase on Halong Bay should be carried out with a strict and detailed plan which has a timeline and limitation, according to Pham Manh Ha, founder of Luxury Travel.
