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.
Vietnam currently ranks among the top 30 countries generating the largest volumes of wastewater worldwide; however, only a small fraction of this wastewater is treated before being discharged into the environment. According to Vietnam Water Supply and Sewerage Association (VWSA), about 12 million cubic meters of wastewater are generated across the country daily, with up to 87% released untreated into the environment.
Vietnam's beauty and personal care market has witnessed remarkable growth in recent years. The largest segment within the market is personal care, while skincare products come in second, possibly largely driven by the increasing awareness of skincare among Vietnamese consumers, particularly within younger demographics.
Vietnam has long been recognized as one of the world's leading fishery producers and exporters. Thanks to its geographical advantages, including more than 3,260 km of coastline and vast inland water resources, the country is well-suited for aquaculture and fishing activities.
According to Statista, the total revenue of the cinema industry in 2023 increased by over 30% compared to pre-pandemic levels (2019), rising from 62.3 million USD to 80.5 million USD. The revenue is expected to continue growing over the next five years (2024-2029) at a CAGR of around 4.9% and could reach $110.7 million USD by 2029
According to Vietnam’s Forestry Development Strategy 2021-2030, the Vietnamese government aims to modernize and enhance the competitiveness of the forestry sector.
