Other Briefings
Tech in Vietnam: Intel Increases its Investment
Global computer chip manufacturer, Intel, has announced that it will be moving more of its mature products to Vietnam due to the Southeast Asian country’s lower labor costs. In this case, the company will be shutting down part of its current operations in Malaysia and moving those jobs to Ho Chi Minh City (HCMC) in Vietnam.
Ho Chi Minh City’s Thu Thiem: A Global Urban Development Gem
Squawkonomics have developed new economic metrics that would better explain the economic phenomenon encountered in Vietnam, where land in desirable locations is still available.
E-Commerce in Vietnam: Trends, Tax Policies and Regulatory Framework – New Issue of Vietnam Briefing Magazine
The newest issue of Vietnam Briefing magazine, titled “E-Commerce in Vietnam: Trends, Tax Policies and Regulatory Framework”, is out now and available as a complimentary download in the Asia Briefing Bookstore.
Vietnam Auto Industry could have Fastest Growth in Southeast Asia, but Challenges Remain
Vietnam’s automotive industry could have the fastest growth in Southeast Asia over the next 20 years. This growth will be the result of increasing consumer demand, a young workforce, and strong governmental support for the industry.
Vietnam Ripe for Green Investment
Vietnam is a pioneer among developing countries, taking a leadership role in green growth. From 2012, the Green Growth Strategy has aimed to develop Vietnam into a low carbon economy and to enrich natural capital.
Key Areas of Vietnam’s Real Estate Market Set for Growth
After five years of relative stagnation, 2015 looks to be a strong year for Vietnam’s real estate market. The country’s government has undertaken a number of important legal and regulatory changes to improve the market situation and encourage foreign investment. We consider some of the key areas for investment in the real estate market for 2015.
Market Insight: Vietnam’s Wine Industry
As Vietnam’s consumer market continues to grow, more and more global products are pouring into the country. Among those products that have seen considerable growth in sales over the recent years, has been wine. Starting from a very low level, the Vietnamese wine market has exploded, with hotels, restaurants, and retailers now offering a wide variety of wines from around the world.
Vietnam Cashes in on Cashews
Vietnam has retained its title as the world’s top cashew exporter for the ninth year in a row, as the country’s cashew and cashew by-product export revenue in 2014 set a new record of US$2.2 billion.
State Bank of Vietnam Credit Package Aims to Support the Housing Market
The Deputy Minister for Vietnam’s Construction Ministry, Nguyen Tran Nam, has announced a proposal for the State Bank of Vietnam (SBV) to support the commercial housing market through a VND50 trillion (US$2.3bn) credit package. The package would supply loans of seven percent interest per year for the first decade, followed by a potential extension for a five or ten year period, with an interest rate adjusted according to market rates.
Strong Competition from Foreign Companies in Vietnam’s Non-alcoholic Drinks Market
The market share of foreign firms in Vietnam’s non-alcoholic drinks market held strong in 2014 with almost half the market belonging to foreign firms. Statistics from the Vietnam Beverage Association showed the value of the market increased by nine percent in 2014 to US$3.64 billion. There has been an average yearly growth rate of 13 percent from 2011-14 in the non-alcoholic beverage sector.
