News

2021 Oct 29
Production base in covid-19 crisis

The flow of China Plus One has accelerated since the 10s, due to the increasing labor costs and labor shortages in China. According to report of JETRO, The share of export value of electrical equipment has increased to 2019, telephones and parts accounted for 19.5%, and computer electronic products and parts accounted for 13.6%. Export of FDI accounted for 42% of total export value in 2009. It increased by 70% to 2019. Export value of Domestic has also increased by more than two times from 2009.

Read More “Production base in covid-19 crisis”
Share this article!
2021 Oct 01
Vietnam Telehealth to accelerate amid COVID-19 outbreak

Vietnam’s healthcare at a glance

In 2018, the country’s healthcare expenditure to GDP was 5.9%, which was higher than some other markets in the region, yet the real value was comparatively low[1]. Healthcare expenditure per capita is expected to increase 1.7 times from US$150 in 2018 to US$260 in 2025[2].

Read More “Vietnam Telehealth to accelerate amid COVID-19 outbreak”
Share this article!
2021 Jul 01
Rising Demand from Both Domestic and Oversea Market Leads to Dramatic Growth of Vietnam Dental Industry

Overview

If in the past, when Vietnamese people had demand for checking up their dental health, dental treatment or cosmetics dentistry, it is difficult to find a quality dental clinic, especially in rural regions. Nowadays, the issue above has matter nobody. With amazing growth in the recent ten years, Vietnam gradually makes its name well-known in world dental map.

Read More “Rising Demand from Both Domestic and Oversea Market Leads to Dramatic Growth of Vietnam Dental Industry”
Share this article!
2021 Jun 25
Wi-Fi Surveillance Camera Market Movement in 2021

Overview

Domain: Surveillance camera

Base year: 2020

Forecast Period: 2021 – 2025

Read More “Wi-Fi Surveillance Camera Market Movement in 2021”
Share this article!
2021 Jun 11
A survey on Vietnamese’perception towards COVID-19 outbreak

Overview

/4th wave of the outbreak (05/2021)

Since the first COVID-19 infected case was confirmed in January 2020, Vietnam is now at the 4th wave of COVID-19 outbreak as the whole world is fighting against the unprecedented pandemic. Throughout the first year of the outbreak, Vietnam was recognized as one of the few countries in the world that witnessed positive economic growth, eventhough it was much smaller than normal higher growth rate that Vietnam had been possessing before 2020.

However, as the world is half-way into the second year of this so-called “new normal”, many heavily affected countries have managed to implement a fast and wide vaccination program in hope to achieve herd immunity and bring back the “old normal” of free movement as soon as possible. Meanwhile, Vietnam is somehow struggling with its 4th wave of the pandemic with rapid increase in the number of community-spread infected cases. Whether or not the newly developed types of vaccine would show effective result any time soon, and whether or not Vietnam would be able to handle this harsh wave as effectively as it did in the past without hurting the economic activities, it is still a question left without concrete answer at this point of a historic time.

Read More “A survey on Vietnamese’perception towards COVID-19 outbreak”
Share this article!
2021 Jun 01
VIETNAM AUTOMOTIVE INDUSTRY AT THE TIPPING POINT

Overview

Vietnam’s automotive industry takes on the challenge of domestic production

The size of Vietnam automobile market was once considered relatively small and overlooked by many Japanese manufacturers. There existed a strong opinion that the liberalization of trade among ASEAN countries would make the automotive industry become unnecessary in Vietnam. However, the demand for automobile in Vietnam has recently been on the rise. Could it be a potential driving factor for the growth of a manufacturing base?

Read More “VIETNAM AUTOMOTIVE INDUSTRY AT THE TIPPING POINT”
Share this article!
2021 May 15
Vending machine market has begun to move

Overview

In Vietnam some major local governments like Hanoi, HCMC, and Danang have been expanding the networks of automatic vending machines for the recent 5 years. Originally, the spread of vending machines had been delayed in Vietnam . It is said that the first installment of an automatic vending machine is in September 2016. The purpose to set it up was mainly for overseas tourists who had to pay too much money to the local vendors, not for more convenience for the people. As for the locations of automatic vending machines, it has been mainly in industrial parks where security measures and maintenance systems are easier than on-street installations and in residential areas developed by major real estate developers, therefore there are less opportunity to be recognized in daily life. By 2018, the number of automatic vending machines installed in Hanoi was about 160, which were treated as a test operation.

Read More “Vending machine market has begun to move”
Share this article!
2021 May 14
Vietnam: legal framework transformation favouring foreign investors

Overview

The Covid-19 outbreak since the end of 2019 has caused far-reaching impacts on all sectors around the world including severe economic crisis. Southeast Asia is no exception. Myanmar is facing a dual crisis because of Covid-19 and political instability. Thailand’s post-Covid economic recovery plan may continue to be delayed in the event of the 3rd Covid-19 outbreak.

Read More “Vietnam: legal framework transformation favouring foreign investors”
Share this article!
2021 Mar 01
vietnam food processing industry
Food Processing – A Promising Sector for FDI Inflows to Vietnam in 2021

Overview

Food processing is one of the sectors that Vietnam is prioritizing to develop by 2025, with a vision to 2035. The food processing industry in Vietnam has grown steadily over the past few years. In the period 2013-2017, the Index of Industrial Production (IIP) of the food processing industry increased by an average of 6.82% annually (VGP, 2018). Despite the impacts of the COVID-19 pandemic, the 2020-IIP of the industry still increased by 5.3% compared with 2019 (GSO, 2020), as well as the quality of the products and number of companies.

Read More “Food Processing – A Promising Sector for FDI Inflows to Vietnam in 2021”
Share this article!
2021 Feb 15
vietnam dairy product industry market
Dairy Industry of Vietnam 2021: Chances for foreign players

Overview

Not until 1920 when the French brought foreign dairy cows to Vietnam that the local people here got to know about cow milk. In 1924, Longevity & Dutch Lady products were first traded in Saigon (later renamed Ho Chi Minh City) and became the first player in the longtime dairy industry. Since then, the Vietnam dairy industry has developed dramatically. According to Euromonitor, the total size of Vietnam’s dairy market in 2019 has reached over USD 5.2 billion and a report from Vietnam Dairy Association also pointed out that the dairy market’s revenue already reached USD 4.7 billion in 2018, an increase of 9% compared to 2017, and made the CAGR of 12.7% over the period of 2010-2018.

Read More “Dairy Industry of Vietnam 2021: Chances for foreign players”
Share this article!
Sidebar: