In the beginning of 2021, Vietnam retail market have positive signals of recovery. According to General Statistic Office of Vietnam, growth of retail sales in the first 5 months of 2021 is 7.6% over the same period last year. Since outbreak of COVID-19 pandemic, consumer behaviors witnesses drastic changes. Despite negative effects of social distancing, […][...]
Due to the impact of the COVID-19 epidemic, the auto market in 2020 is less active than in previous years. However, with the increasing demand for car ownership and road travel, the car business will continue to grow. The year 2020 is also a milestone for many FTAs in effect, which will lead to more […][...]
“When the epidemic happened, the limited shopping activities at physical stores brought the e-commerce industry a great opportunity for growth. Over the past year, these service providers actively improve their services, bringing the most benefits to customers, and the industry’s infrastructure has also improved significantly: payment channels regularly expand customers, adding new services and products; […][...]
Starting as an agricultural country, along with the rapid development of information technology, hi-tech agriculture has become one of the professions that receive many incentives from the Government of Vietnam. The officially effective FTAs have also opened up great opportunities for Vietnam’s agricultural products. Therefore, there are more and more domestic and foreign enterprises and […][...]
The National Assembly of Vietnam passed a new Law on Investment on June 17, 2020, which becomes effective on January 1, 2021 (LOI 2020) and replaces the 2014 Law on Investment (LOI 2014). In this report, we briefly discuss some new key points of the Law on Investment of Vietnam 2020.[...]
Vietnam is one of the most efficient power markets in Southeast Asia, driven by low-cost resources such as hydro and coal. At present, hydropower holds the largest share amongst all renewable energy sources, followed by wind and biomass. Solar energy, biogas, and waste-to-energy technologies are picking up slowly while geothermal energy and tidal energy are […][...]
The EU-Vietnam Free Trade Agreement (EVFTA) is a new generation FTA between Vietnam and 27 European Union member states. It is a comprehensive and high-quality agreement which ensures balanced benefits for both Vietnam and the EU, with consideration for the differences in development levels between the two sides. Upon entering into force, the EVFTA has […][...]
