Vietnam has moved up two places to 55th in the list of the world's 60 most innovative economies compiled by Bloomberg, but lags far behind Asian peers.
Leading business and financial website Bloomberg of the United States has recently published an article highlighting the strong rebound made to the nation’s domestic tourism industry, a model that is suitable for the rest of the world to follow.
The company is concerned that demand from China, which accounts for half of the group’s shipments of latex, will fall.
Economists are upgrading their growth projections for Vietnam after the latest data showed the economy surged more than 7 percent in the third quarter, according to Bloomberg.
In 2018, only 23% of luxury homes were sold to locals, outpaced by Chinese, while South Koreans and Hong Kong (China) residents followed closely behind.