Market economy pictures

Economist Nguyễn Mại quoted the BMI Research in 2018 saying Việt Nam 's pharmaceutical market size reached $5.9 billion, up 11.5 per cent over the previous year, becoming the second largest pharmaceutical market in Southeast Asia, staying in the group of 17 countries with the highest pharmaceutical industry growth rate in the world. … [Read more...] about Vietnamese, Indian pharmaceutical enterprises have great opportunities in Viet Nam

In 2021 the domestic swift breeding industry expects to achieve a turnover of about VNĐ3 trillion. The turnover is predicted to surge to VNĐ6 trillion in 2025 if Việt Nam develops a production chain of bird’s nests, processing technology for bird’s nests products and develops markets with many trade promotion activities for this product. … [Read more...] about Bird’s nest exports set to soar

A rise in both the number and the value of mergers and acquisitions (M&As) in Vietnam last year and early this year have signaled that M&As are booming in the country. According to auditing firm Pricewater House Coopers (PwC)’s statistics, there were 295 M&As worth a combined 1,138 million USD in the country last year, up 77 percent over the previous year. In the first quarter of this year, the market was more ebullient with larger acquisitions: the Vietnam Industrial and Commercial Bank (Vietinbank) sold 10 percent and 15 percent of its statutory capital to the International Finance Corporation (IFC) and Canada ’s Nova Scotia Bank respectively, and VNPT Global sold 10 percent of its shares to the Singapore Technologies Telemedia (ST Telemedia). Notably, the Hung Vuong Fishery Joint Stock Company (HVG) offered to buy 3.75 million shares of the An Giang Fishery Import-Export Joint Stock Company (AGF) in a bid to raise its share in AGF to 51 … [Read more...] about M&A boom building up steam in Vietnam

From the first days of launching the movement to build a typical cultural, a new countryside and tourist village, the term “community-based tourism" was new for local residents. However, they eagerly got stuck into community-tourism and now their houses have been repaired and are fully equipped to offer homestays. … [Read more...] about Nặm Đăm, a highlight of Hà Giang tourism

Established in 2015, Propzy is a real estate technology business which has successfully raised US$37 million from foreign investors like Gaw Capital and SoftBank, who poured $25 million in series A funding. The other investors include Next Billion Ventures, RHL Ventures, Breeze, FEBE Ventures, RSquare and Insignia. … [Read more...] about Propzy to support start-up