Vietnam’s aviation industry has grown quickly, driven by a rising middle class and increasing demand for both domestic and international travel. Key players, including national carriers and low-cost airlines, are competing to offer diverse services while maintaining affordability. That said, the industry has not yet fully recovered from COVID border closures and it still may have some way to go yet.

Vietnam’s Mining Industry: Overview 2024

the-shiv September 19, 2024

Vietnam’s mining industry is a key sector, rich in resources such as coal, bauxite, and rare earths, contributing significantly to the economy. The government encourages foreign investment through joint ventures, focusing on modernising the sector while enforcing strict regulations to promote sustainability and environmental protection.

Vietnam’s Fitness Industry: Overview 2024

the-shiv September 19, 2024

Vietnam’s health and fitness industry in 2024 is growing rapidly, driven by rising income levels, increasing health awareness, and urbanisation. Gyms and fitness centres, both large international chains and local establishments, are expanding to meet this demand.

Vietnam’s Retail Industry: Overview 2024

the-shiv September 18, 2024

Traditional retail formats like markets and street vendors continue to coexist with modern outlets, catering to diverse consumer preferences. As the market matures, retailers are focusing on omnichannel strategies and enhanced customer experiences to differentiate themselves in this dynamic sector. Challenges such as intense competition and regulatory complexities remain, but the overall outlook for Vietnam’s retail industry remains positive, presenting substantial opportunities for growth and innovation.

Vietnam Securities Industry: Overview 2024

the-shiv September 17, 2024

The Vietnam securities industry is the financial market system in Vietnam that facilitates the trading of securities such as stocks, bonds, and derivatives. It is regulated by the State Securities Commission (SSC), a government body responsible for overseeing market activities, ensuring transparency, and protecting investor interests…

Real Estate in Vietnam: Industry Overview 2024

the-shiv September 13, 2024

Vietnam’s real estate sector has evolved rapidly over the past decade, reflecting Vietnam’s broader economic transformation and urbanisation. Foreign direct investment (FDI), infrastructure development, and a burgeoning middle class are propelling demand across residential, commercial, industrial, and hospitality sectors. Despite challenges such as regulatory complexities and market fluctuations, the outlook for real estate in Vietnam over the long term is promising as the country continues to position itself as a key player in the Southeast Asian market.

Education in Vietnam: Industry Overview 2024

the-shiv September 12, 2024

Vietnam’s education industry has experienced significant transformation and growth over the past few decades, positioning the country as a rising star in Southeast Asia. In 2024, the education sector continues to be a critical area of focus for the government as it seeks to support rapid economic growth, modernise its workforce, and integrate into the global economy. This overview outlines the key trends, challenges, and developments shaping Vietnam’s education industry in 2024.

Video Games in Vietnam: Cheat Sheet 2024

the-shiv September 9, 2024

Video games in Vietnam are very popular to both play and produce. In fact, one of Vietnam’s biggest companies, VNG, draws most of its revenue from Vietnam’s video game sector. Furthermore, as internet and smartphone penetration continue to grow mobile games in particular continue to pull in millions of dollars in revenue. With this in mind, this article covers key regulations, rules, and realities with respect to producing and distributing video games in Vietnam.

Electricity in Vietnam for Foreign Investors 2024

the-shiv September 4, 2024

When it comes to electricity in Vietnam, whether a company is using it or producing it, there are a lot of nuances that foreign investors should be aware of. This cheat sheet runs through a brief overview of how the industry and the market operate.

Vietnam News Media Industry Overview 2024

the-shiv September 3, 2024

The Vietnamese news media industry in 2024 continues to evolve rapidly, influenced by technological advancements, economic growth, and changing consumer preferences. While state-owned media still dominate the landscape, independent outlets and digital platforms have gained significant traction, offering a more diverse range of perspectives and news coverage…

English News in Vietnam for Foreign Firms 2024

the-shiv September 3, 2024

English news in Vietnam comes in a range of forms including a number of English-language news publications. There are, however, limitations on what can and cannot be reported in Vietnam with one of the strictest media censorship regimes in the world. Vietnam’s media industry is also relatively small which can

Vietnam’s Coffee Industry in 2024: Overview

the-shiv September 3, 2024

In 2024, Vietnam continues to be a formidable force in the global coffee industry, maintaining its status as the second-largest coffee exporter in the world, just behind Brazil. Vietnam is particularly renowned for its robusta coffee, which plays a pivotal role in the global market. The country’s robusta production, primarily centred in the Central Highlands, accounts for a significant portion of the global supply, making Vietnam an essential contributor to the international coffee trade…

Vietnam Supermarkets: Foreign Retailer’s Guide 2024

the-shiv September 2, 2024

Supermarkets are rapidly proliferating in Vietnam. This is on the back of rising incomes and improved market entry conditions. These supermarkets are one of the easiest ways for foreign producers to get their products in front of Vietnamese consumers with a more Western style of doing business. What to expect

Where are Nikes Made in Vietnam 2024?

the-shiv September 2, 2024

Nike products made in Vietnam are produced in several provinces around the country. They are, however, mostly concentrated in the south, in and around Ho Chi Minh City. This is in part because of the dense population and access to one of Vietnam’s biggest ports but also because Ho Chi

Vietnam’s Aquaculture Industry 2024: Overview

the-shiv August 27, 2024

Vietnam’s aquaculture industry has experienced significant growth in recent years, becoming a major contributor to the country’s economy and food security. With its extensive coastline, abundant freshwater resources, and favourable climate, Vietnam possesses ideal conditions for aquaculture development. The industry plays a crucial role in providing a sustainable source of protein, supporting rural livelihoods, and generating foreign exchange.

Shopping in Vietnam: Complete Guide 2024

the-shiv August 24, 2024

This article covers shopping in Vietnam, breaking down the key means by which goods are bought and sold in one of Southeast Asia’s fastest-growing economies. Local markets Local markets take the lion’s share of retail sales in terms of volume by far. Local markets, generally open-air, are spread out all

Vietnam Stock Market Indexes: Ultimate Guide 2024

the-shiv August 23, 2024

Vietnam stock market indices are many and varied. Each gives a unique glimpse into how Vietnam’s stock markets are performing both in isolation and in the context of the wider world. This overview of each of these key Vietnam stock market indexes should provide a broad understanding of those key indexes and how they are compiled. Changes to the index can also be followed via the Vietnam Stock Market Tracker.

Vietnam Beer: What You Need To Know in 2024

the-shiv August 23, 2024

Vietnamese are among the biggest beer drinkers in Southeast Asia. In fact, by consumption, international beverage and hospitality firm, Kirin Holdings, found that Vietnam had the seventh highest beer consumption in the world after Germany but, notably, before the United Kingdom which was in position eight.

Made in Vietnam: Major Brands and Key Goods

the-shiv August 22, 2024

Over the past two decades, generous tax incentives and an abundance of low-cost labour have made Vietnam a very attractive option for firms looking to diversify their manufacturing supply chains. Specifically, Vietnam’s exports have grown surprisingly fast, with just US$19.9 billion worth of exports in 2002 compared to a whopping

Vietnam Footwear Manufacturing: Industry Overview 2024

the-shiv August 21, 2024

Vietnam footwear manufacturers count themselves as part of one of the biggest footwear manufacturing industries in the world. Trailing only India and China, this relatively small country exported footwear to the tune of US$19.94 billion in 2023, made for some of the most well-known footwear brands. From sandals to running