Vietnam has for many years been considered as an attractive market for the retail industry, including fast foods and beverages. For reasons of fast growth, many big names in the foreign fast food industry and well known coffee chains entered the Vietnamese market. However, now many of these brands are withdrawing due to huge and consistent losses over long periods of time.
Credit ratings for Vietnam is on an upward trend at the start of 2021 despite the raging pandemic thanks to the recovery in production, business and exports as well as new preferential loan policies to support domestic companies, experts stated.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong yesterday hosted a summary conference for the forestry sector in 2020, setting the target of US$14 billion export turnover from wood and forest products in 2021.
Despite the continued negative impact of the Covid-19 pandemic, listed companies are racing to report huge profits in their financial statements for the first quarter. These manipulated numbers are usually tricks that most investors fail to recognize.