Pressure from fierce competition will increase in the local retail
market this year after the ASEAN Economic Community (AEC) was
established and as the Trans-Pacific Partnership (TPP) deal will come
into effect in the next couple of years.
As the country is anticipating a boom in franchising in the near future,
experts say the legal framework governing franchising is in dire need
of improvement.
Foreign direct invested (FDI) enterprises have
d a momentum for developing products made in Viet Nam, heard
participants at a conference entitled "Proud of Vietnamese goods", held
in Ha Noi yesterday.
Viet Nam produces more than eight million tonnes of fertilisers a year,
meeting 80 per cent of demand, according to the Ministry of Industry and
Trade.
