In order to make 5G technology a part of digital transformation efforts and Industry 4.0 in Việt Nam, it is necessary not only to build telecoms network infrastructure but also develop a 5G mobile ecosystem. 

Mergers and acquisitions (M&A) in the banking industry are expected to remain high for the rest of the year as the industry continues the digital transformation process, according to experts.

The domestic paper industry has achieved good growth in the past five years and expects to maintain the momentum until 2025 driven by demand for tissue and packaging paper, according to the industry business group.

Sustainability and circularity are an inevitable path that Vietnamese textiles have to follow, according to Truong Van Cam, General Secretary of the Vietnam Textile and Apparel Association (VITAS).

According to PricewaterhouseCoopers (PwC), the financial services (FS) industry’s need for digital capabilities, combined with sustained pressure from regulators and disruption from platforms and fintechs, means M&A will continue to be a driver for transformation.

At the first round of OCOP product evaluation and classification in 2022 taking place on August 18, the provincial council for OCOP grading and evaluated 30 product profiles of 11 districts, cities and towns.

The "E-Commerce Logistics Market by Service and Geography - Forecast and Analysis 2021-25" report by Technavio expects the market size to grow to US$355.79 billion between 2020 and 2025. 

Deputy Prime Minister Le Van Thanh has signed a decision to promulgate a national plan on aquaculture development in the 2021 – 2030 period.

The US Department of Commerce (DOC) has not yet issued the final determination about the imposition of anti-dumping and countervailing duties on certain hardwood plywood products and veneered panels exported from Việt Nam.

GameFi projects offer such high profits that investors pile into the industry to make easy money. The mass exodus of profit-seekers has turned Việt Nam into a GameFi powerhouse with the proliferation of game-making studios.

The paper industry has achieved good growth in the past five years and expects to maintain the momentum until 2025 driven by demand for tissue and packaging paper, according to the industry business group.

The first-ever Vietnam Innovators Summit will be organised in November, featuring high-level executive networking with informative and carefully curated activities aimed at providing a space for insight-sharing on Việt Nam’s continuous growth over the years, even amidst the pandemic.

Russian firms want to navigate more parts of Vietnam, one of the most promising markets in Asia, they said at the Vietbeauty & Cosmobeauté Vietnam 2022 event underway in Ho Chi Minh City.

Governor of the Cambodian province of Champasak Vilayvong Bouddakham is on a visit to An Giang where he seeks to beef up partnership with the Mekong Delta province in multiple fields, particularly agriculture.

After being affected by the COVID-19 pandemic and fluctuations in inflation, the demand and trends of seafood consumption in many markets have changed, requiring Vietnamese seafood enterprises to adapt to those market trends, experts said. ​

Overseas shipments within the first seven months of 2022 earned more than 14 billion USD for the leather and footwear sector, an annual increase of 13%.

Various investment promotion activities have been organised recently by authorities of Hai Phong to popularise the northern city as a dynamic and potential destination for investors.

Vietnam raked in nearly 16.8 billion USD in foreign direct investment (FDI) as of August 20, down 12.3% year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

The annual festival features more than 160 booths with about 450 chili pepper varieties from all over the world on display.

The Vietnam International Furniture and Home Accessories Fair (VIFA EXPO), the biggest trade event in the country’s wood and furniture industry, will be held in HCM City next week, offering industry executives the chance to network and explore business opportunities.