Within 3 years, the amount of work in the information technology (IT) sector of Vietnam has increased on average of 47% per year, but the number of worker in this sector rose by only 8% per year. In recent years, the flows of high quality Vietnamese personnel that go abroad are increasing. In the first … Read more
E-commerce, IT and software development have been developing incredibly fast in Vietnam over the years making it potential for IT business to be set-up. With more than 93 mil of population which 52% having access to internet. The average Vietnamese using Google to extract information from internet is three times higher than world average. Vietnam has … Read more
The first half of 2015 witnesses Non Performing Loan (NPL) ratio decreased thanks to the intervention of VAMC and many M&A deals in the banking sector of Vietnam. Vietnam banking sector has been highly valued by foreign investors which consequently create positive impact on the Vietnam stock indexes. Credit growth is forecasted to continue to be strong thanks … Read more
There have been changes within the Vietnam telecom industry with the restructuring of VNPT and Viettel, which made the competition becoming more intense. The year 2014 has undergone with many changes within the telecommunications industry of Vietnam. The change in personnel and structure of the two corporations that are VNPT and Viettel made the competition becoming more … Read more
Numerous foreign investors relocating factorties to Long An (Vietnam) to set up business and take advantage of young and low cost workforce. This province has a dozen industrial zones. As of May 2015, they have attracted 3.67 billion USD foreign investments, 40% of which is poured into textiles sector. The economists said that this process … Read more