Vietnam's recent drop in the Tourism Development Competitiveness Index underscores traditional bottlenecks in the tourism sector and highlights the crucial role of stakeholders in addressing these challenges.
The United States Department of Agriculture’s Foreign Agricultural Service in Hanoi partners with WinMart, one of the fastest-growing retailers in Vietnam, to bring American tastes closer to Vietnamese consumers.
The circular economy is an alternative to traditional linear economies, where people take resources, make things, consume them and throw them away. This way of living uses up finite raw materials and produces vast quantities of waste.
The rapid growth of Airbnb and condotels is posing significant challenges to traditional hotel business in Vietnam.
Under overheated competition from newcomer of ride-hailing app Go-Viet and other traditional taxi firms, Grab has rolled out counter-measures to gain market shares.
According to Retail Asia's recent report, electronic retailers as Mobile World, FPT Shop, Nguyen Kim Trading and Vien Thong A are in the top ten retailers of Vietnam in 2017.
According to a recent survey by Nielsen Vietnam, consumers' spending now tends to increase on larger items such as travelling, motorbikes, phones and home appliances.
The race of convenience stores in Ho Chi Minh City is becoming fiercer than Hanoi despite the increasing cost and lack of space in the metropolitan area, according to the world's leading real estate investment and advisory firm JLL.
In addition to the purpose of researching, producing, trading, importing and exporting pharmaceutical products, Vinfa will focus on preserving and developing traditional remedies originated from valuable herbal medicines of Vietnam.
Branding becomes the top interest for enterprises, particularly to small and medium sized ones, as competition through using traditional methods such as utilising advertising boards/signs is no longer effective, according to leading experts.
In the retail market with fierce competition and numerous retailers, whether the decision to open supermarket chain including Qmart and Qmart+ is the "gamble" of Do Quang Hien, Chairman of T&T Group.
Apart from the traditional business investment fields such as securities and real estate, in 2018 the fields associated with 4.0 generation technology, green growth are forecast to achieve outstanding growth, according to Bui Tat Thang. Ph.D - Director of Vietnam Institute for Development Strategies,
Investors expect that the pioneering hotel brand bringing a vibrant approach to affordable luxury in Vietnam, will redefine the traditional hospitality norms.
The influx of numerous famous retailers from Japan has intensified the race in Vietnam’s service sectors, especially retail and household appliances business.
