AGRICULTURE IN VIETNAM

Among many economic sectors in Vietnam, agriculture has always been a traditional and long-standing industry. Vietnam now has 10.3 million hectares of arable land, majority of which is used for export. The exported agricultural products in Vietnam accounts for about 20% of Vietnam’s total export value. According to data from the General Statistics Office, the total export turnover of the whole sector in 2014 was around 30.86 billion USD,...

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PLASTIC INDUSTRY IN VIETNAM

Vietnam’s plastics industry is being evaluated as potential sectors with the maintaining stable growth rate of 16% – 18% during the last 5 years. Due to benefit from a reduction of raw material and an increase in demand for plastic products, plastic manufacturing businesses have had experience strong growth. 10 plastic business on the stock market has had a successful year of 2015 with a total revenue of 13 trillion, increased 15%...

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POTENTIALS OF VIETNAM LOGISTICS INDUSTRY

When Vietnam joins the TPP, Vietnam logistics industry has many opportunities to develop and engage more deeply into the world’s logistics centers… According to the report of World Bank, the forecasted growth rate between 2015 and 2020 is 12%/year and import export turnover reached 623 billion USD in 2020, Vietnam is a promising destination for investors. According to the statistics from the Vietnam Logistics Business Association...

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VIETNAM’S OIL AND GAS INDUSTRY CONTINUES TO GROW

Vietnam oil and gas industry has a great potential as it plays a vital role in Vietnam’s industrial development. According to a report by the Vietnam Ministry of Industry and Trade, oil production in Vietnam in April 2015 reached 1.5 million tons, up 7.2% from the last year’s figure. Gas production reached 0.9 billion cubic meters (+1.8%), and production of liquefied petroleum gas (LPG)—60.3 thousand tons (+2.9%). During the same period...

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THE GROWTH TREND OF VIETNAM TELECOM INDUSTRY

Vietnam telecom industry is a major sector of the economy, contributing to the development of the whole country. This sector is promised to develop rapidly in the future. Presently, the global economic integration is the inevitable trend of the world, including Vietnam. When Vietnam opens its market and participates in the large economic organizations, the domestic industries and services will have to face with a huge competitive...

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VIETNAM PROMOTES THE DEVELOPMENT OF WIND POWER

The very first wind power plants, one in Binh Thuan and one in Bac Lieu, can be considered a breakthrough to pave the way for the construction of Vietnam’s wind power industry, which is expected to be pillar of the future power source in Vietnam.  In the field of renewable energy, hydropower and wind power are considered clean power sources In fact, hydropower has hidden dangers for communities. On the other hand, wind power is...

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VIETNAM REAL ESTATE SECTOR REVIEW

Real estate is one of the sector with important position and role for the national economy, have a direct relationship with the financial and monetary market, the construction market, building materials market and the labor market… The sustainable development and effective management of this sector will contribute significantly to promoting economic-social development, creating the ability to attract investment capital, contributing to...

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PHARMACY AND HEALTHCARE IN VIETNAM

1.     Overview There has been an optimistic trend in pharmacyand healthcare industry in Vietnam. This industry is irreplaceable as the education level and life expectancy of Vietnamese have been significantly improved. However, due to some challenges, pharmacy and health care industry desires for a change in legal framework, thus creating favourable conditions for development in the futures. 2.     Vietnam...

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