Aug 28, 2014 | Industries
Vietnam’s fascinating economic growth since the mid-eighties, its young population (60% is under 35 years old), political stability and unique geographic position as gateway to Chinese and South East Asian markets have made the country an attractive investment...
Aug 28, 2014 | Industries
Logistics industry is one of the fastest growing industries in Vietnam and is estimated to grow at a pace faster than the GDP growth rate. Currently, the logistics service accounts for 15-20% of GDP in Vietnam. However, poor and small logistics infrastructure and –...
Aug 28, 2014 | Industries
Vietnam’s retail sales have grown dramatically over a long period of time, maintaining a 5-year CAGR of 17.6% (2010-2015) despite the economic slowdown in these years, to reach almost US$110bn in 2015. In particular, modern retail is growing extremely fast, though...
Aug 28, 2014 | Industries
Education always plays a central role in Vietnamese culture and society. Vietnamese people believe that virtues are attained through learning. More parents sacrifice to ensure that their children obtain the good education. With the Vietnam’s increasing well-being,...
Aug 28, 2014 | Industries
Agriculture continues to play a considerable role in Vietnam’s transition to a market-based economy, despite its shrinking portion in GDP (18.1% in 2015, compared to 16.1% in 2014). Vietnam’s strength in agricultural output is built upon a large rural base where farm...