National retail sales, service revenues up in June

Based on what Vinamilk, Nestle and Nutifood are currently doing, analysts believe the three big companies will focus on the mid- and low-end market, especially the takeaway food segment.

Peer to peer lending (P2P Lending) will become legal in Vietnam after a draft decree on fintech management is compiled.

The Ministry of Construction (MOC) has asked to amend the 2014 Housing Law and Real Estate Business Law, allowing foreign institutions and individuals to buy tourism properties in Vietnam.

Problems in land access and administrative procedures continue to exist, making it difficult for industrial real estate to develop over the long term, experts say.

ACV targets nearly 487 million USD in revenue amid COVID-19

Preferential tariffs and incentives for land access are not enough to woo investors looking to move operations out of China, experts say.

The total capacity of solar power projects registered by investors has become nearly 10 times higher than the targeted level.

The ASEAN Economic Community (AEC) and FTAs have brought more job opportunities to workers but also challenges as Vietnamese workers will have to compete with international staff in the home market.

“Covid-19 has given e-commerce a push,” said Nguyen Thuy Anh from the Department of E-commerce and Digital Economy.

If large businesses cannot pay their debts, they may put pressure on banks to lower requirements for loans.

International expos postponed due to COVID-19

Commercial banks have six months to fulfill procedures to list their shares on the bourse, as requested by the Prime Minister.

Real estate firms have had to struggle to survive during the COVID-19 pandemic, which has caused the loss of trillions of dong and job losses to 75-80 percent of workers in the field.

Outward investments, which fell for a short time because of Covid-19, resumed again after the social distancing policy ended.

Instead of injecting money into the real estate or service sector which allows profit after a short time, Vietnam’s most powerful corporations are investing in the processing and manufacturing industry.

SCIC sells shares at Khanh Hoa Seafood Export JSC

The country's great achievement of containing the spread of COVID-19, plus the EVFTA (EU-Vietnam Free Trade Agreement), will help Vietnam attract more FDI.

The import tariff on European car imports will be decreasing gradually by 7 percent per annum. It will take at least five years to see considerable price decreases.

In order to attract high-quality FDI capital from the US, Vietnam needs to commit to strong reform, analysts say.