Update news market
The market for integrated circuits (IC) and semiconductors in Vietnam has huge potential, offering great investment opportunities for domestic and foreign enterprises, according to experts.
After a long period of absence, once strong brands like Da Lan (toothpaste), Hynos, Co Ba (soap) or Truc Bach (beer) have reappeared before the public. However, it is not easy to regain the heydays.
Vietnamese investors are considering building casinos worth billions of dollars in Quang Ninh province and Phu Quoc Island to attract Chinese travelers after noting the sharp rise in the number of Chinese travelers to Vietnam recently.
The online ad market has not yet developed in Vietnam not because of the poor technology infrastructure and the lack of the workforce, but because of the lack of people’s confidence.
Only one real estate project has been transferred to a foreign investor so far, while the foreign direct investment (FDI) in the real estate sector has decreased.
Beef imports have been increasing sharply in recent months to satisfy the increasingly high demand. The cow husbandry in Vietnam, which has been facing big difficulties over the last few years, is not in the bigger danger.
The sharp fall of the natural rubber price in the world market in the first nine months of the year has distressed Vietnamese rubber companies. However, the price decrease has brought benefits to tire manufacturers.
VietNamNet Bridge – The Ministry of Health (MOH) plans to curb the immoderate formula price increases by including some kinds of products into the list of products for price control.