Business & Finance Industry Analysis

Vietnam’s Securities Market Has a Good Prospect

There are two stock exchanges in Vietnam. The larger one is Ho Chi Minh Stock Exchange (HOSE) which is located in Ho Chi Minh City, the largest city of Vietnam. Established in 1997, it is the first stock exchange in Vietnam. The smaller one is Hanoi Stock Exchange (HNX) which is located in Hanoi, the capital of Vietnam. At the end of 2018, HOSE accounted for over 90% of the aggregate market value of about USD 170 billion of the two stock exchanges. HNX plays an important role in the…

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Consumer Goods & Services Industry Analysis

Vietnam’s Consumer Market Has Huge Growth Potential

Vietnam’s per capita GDP was only USD 2,540 in 2018, which was less than one third of China’s and lower than that of Singapore, Thailand, Malaysia and other ASEAN countries. However, Vietnamese people spend little on housing, education and medical services and have low savings rate, making consumption as the major driver of economic growth. According to CRI, consumption is a major contributor to Vietnam’s GDP. Household consumption is closely related to final consumption expenditure. Since 1995, final consumption expenditure has been accounting for more than 70% of Vietnam’s GDP,…

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Industry Analysis Real Estate

Vietnam’s Real Estate Industry Keeps Developing

According to CRI’s survey, Vietnam’s real estate market is seeing increasing demand and will have a bright prospect in the next decade. The rapid development of Vietnam’s real estate industry is driven by both supply and demand. On the demand side, the structural consumption resulting from continuous progress in urbanization, objective rate of return on investment and rental yields enable Vietnam’s real estate market to fully meet the purchase demand of investors. The expansion of opening up and favorable policies on foreign investment can satisfy the investment demand of foreign…

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Industry Analysis Manufacturing

Advantages of Vietnamese Manufacturing over Chinese Manufacturing

CRI’s market survey shows that Vietnamese manufacturing has the following advantages over Chinese manufacturing. 1. Preferential Policies on Taxes and Foreign Investment (1) Advantages of Bonded Zones The Vietnamese government has approved the establishment of several bonded zones. The products manufactured by enterprises established in these bonded zones are exempt from tariffs and value added tax. Enterprises established in the bonded zones are exempted from corporate income tax in the first profit-making years and enjoy reduction in corporate income tax in the following two years. There are also more preferential…

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