VietNamNet Bridge - China’s policy on focusing on their domestic market has prompted foreign importers to place more orders with Vietnamese enterprises.

Vietnamese investors like injecting money into many different business fields to optimize their profits, but investments based primarily on “feelings” have led to hundreds of suspended projects. 

The news that KhaiSilk, the premier Vietnamese silk brand, has been found selling made-in-China silk scarves under the name of Vietnam products has stunned the public. But KhaiSilk is not the only business doing so.  

In the first nine months of the year, Vietnam imported $680 million worth of fruits from Thailand, or 60 percent of total fruit imports. 

VietNamNet Bridge - Nearly 100 percent of petroleum imports are now from South Korea. This occurred after the import tariff was cut to 10 percent. 

VietNamNet Bridge - In developed countries, logistics make up 15-20 percent of GDP. But in Vietnam, the industry can satisfy only 25 percent of market demand.

VietNamNet Bridge - More Vietnamese businesses have decided to increase their investments in online sales as e-commerce continues to boom. 

VietNamNet Bridge - Despite the failure of the national automobile industry development plan, Vietnamese companies have never given up the dream of making cars.

Countries around the world are racing to create new energy sources as traditional energy sources such as fossil fuels and hydroelectricity are running out while the demand for energy for socio-economic development is on the rise. 

VietNamNet Bridge - Vietnam is still gathering strength on rice production, taking pride as the biggest rice exporter in the world. 

VietNamNet Bridge - Though it is the world’s top cashew exporter, Vietnam imports 1 million tons of cashew nuts out of 1.4 million tons of raw materials every year for processing. 

The Ministry of Industry and Trade (MOIT) decision on removing 675 business conditions and licenses has been described as a ‘historic decision’. However, experts think it doesn’t have much significance.

Half of total business and investment necessary preconditions have been eliminated under a Ministry of Industry and Trade (MOIT) decision, praised as a historic move that aims to create favorable conditions for businesses.

After applying a safeguard measure to protect local fertilizer production, the Ministry of Industry and Trade (MOIT) has proposed to amend the tax law to help fertilizer plants incurring big losses.

Citing GDC’s (General Department of Customs) report about the $3 billion deficit in trade with Thailand in the first seven months of the year, experts say they can see a ‘Thai investment wave’ in Vietnam.

VietNamNet Bridge - Increasing the localization ratio in industrial products and becoming more involved in the global production and supply chain are the top concerns of Vietnamese enterprises.

The imposition of an anti-dumping duty on Chinese imports is not expected to help domestic steel manufacturers, unless comprehensive solutions are taken, experts say.

The first generation of entrepreneurs who appeared after doi moi (renovation) in 1986 is now getting older and beginning to worry about the transfer of business to the next generation.

VietNamNet Bridge - In the race to conquer the pocketbooks of consumers, delivery services are the ‘trump card’ for retailers.

VietNamNet Bridge - Young consumers with the habit of using smartphones are expected to be a new source of business growth.