New Rules for Vietnam’s Medical Devices Businesses
Vietnam has issued new guidelines for the management of medical devices, which will impact foreign manufacturers and suppliers of medical equipment. Read more to know about the changes in classification, registration, and import regulations of medical devices.
Investments in Vietnamese Startups Tripled in 2018
Last year, investments in Vietnamese startups almost tripled compared to 2017, with domestic investment funds accounting for more than half of the total investments. Read more to know about the major deals, investments funds, and major sectors in the startup market.
Vietnam’s Tourism Industry Continues its Growth in 2018
With its rich heritage and diverse geography, Vietnam’s tourism industry continues to rank amongst the fastest-growing tourist destinations. However, much more needs to be done, if Vietnam wants to fully realize the potential of the tourism industry. Read more to know about the major destinations, industry revenue, international tourists, government policies, industry challenges, and growth forecast.
Vietnam’s Retail and Consumer Market Grows in 2018
Vietnam’s retail sales and consumer services grew by 11.7 percent in 2018, driven by the growth in domestic demand and the tourism industry. Read more to know about the major economic activities in the sector and their growth forecast till 2025.
Vietnam: Wood Products Exports to Reach Record High in 2018
Vietnam’s wood exports, accounting for six percent of the global market share, are expected to reach a record-high in 2018. Read more to know about the wood processing industry, exports, major processing regions, and the impact of upcoming trade agreements and government programs.
Vietnam Increases Feed-in-Tariffs for Wind Projects
The government has increased the feed-in-tariffs for wind energy projects, which are already in effect since 1 November 2018. The new tariffs will ensure that the projects are more commercially viable for developers. Read more to know about the increased tariffs and the wind energy industry.
The Mental Healthcare Industry in Vietnam
Demand for all forms of healthcare in Vietnam is growing. Even the mental healthcare sector which is facing challenges such as social stigma, limited resources, and lack of medical professionals, offers opportunities for foreign investors. Read more to know about the industry, mental health care issues, and businesses opportunities.
Vietnam’s Food Safety Regulations
Vietnam continues to reform its food safety regulations to reduce technical barriers and align itself with international practices. Read more to know about the food safety regulations and steps businesses should take to ensure compliance.
State Divestment: Exciting Opportunities for Investors
Since the last few years, equitization has been a focus for the Vietnamese government. With 406 divestment planned until 2020, investors have an opportunity to invest in some of the largest companies in Vietnam. Read more to understand the divestment policy, investment hurdles, and the major companies to be divested.
Vietnam’s Solar Power Market
The potential for solar energy in Vietnam is huge and far from fully realized. With growing energy demand, the industry offers immense investment opportunities. Read more to know about the industry potential, current projects, incentives, regulations, and major challenges faced by investors.