The Vietnamese automotive market in 2024 is witnessing a significant transformation, driven by an increasing shift toward electric and hybrid vehicles. This trend is fueled by consumer awareness of environmental sustainability, government policies aimed at reducing carbon emissions to achieve net zero by 2050[2], along with tax incentives and cost reductions for EVs

The livestock sector is a major part of  Vietnam’s agricultural economy with a growing momentum in recent years.

The paint and coating industry in Vietnam is a dynamic, domestically-driven market that serves a wide range of sectors.

With investment from global players and the government’s focus on promoting EdTech growth, Vietnam is becoming a promising destination for investors.

Vietnam's supporting industries play a pivotal role in the nation's economic transformation, driving industrialization and modernization efforts.

Vietnam presents a promising and dynamic market for medical device investment, with an aging population and rising expenditure for healthcare

In recent years, Vietnam has witnessed a notable decline in the number of physical electronics retail stores. This trend marks a stark contrast to the rapid expansion of the market that was seen in the years leading up to the mid-2010s[1]. The main driver behind this shift is the rise of e-commerce, coupled with the fast-paced digital transformation that is changing consumer behaviors. Online shopping, which offers convenience and competitive pricing, has become increasingly popular, reducing the demand for traditional brick-and-mortar electronics stores

Japan has established a significant presence in Vietnam’s retail market over the past few decades, reflecting the growing economic ties between the two countries.

As Vietnam strives to diversify its energy sources and reduce coal reliance, LNG has become a key focus for foreign corporations investing in Southeast Asia’s energy market. This influx of capital and collaborative projects highlights Vietnam as a high potential market in the LNG sector.

The government has stated that developing mechanization in agriculture and the processing of agricultural, forestry, and fishery products is a crucial task for the agricultural sector, while the development direction will focus on comprehensive mechanization, aligned with production chains that integrate processing and product consumption.