With a young population, great potential and increasing trade growth, Vietnam is offering big opportunities for Japanese firms to expand their market, according to the Japan External Trade Organisation (JETRO).

The development of agriculture 4.0 based on science and technology is a trend of many countries in the world, which will help the agricultural industry to be less dependent on the weather, reduce manual labour, shift small-scale production to large-scale farming, control food safety and hygiene and improve productivity.

The Central Highlands province of Lam Dong is planning to restore a rack railway connecting the resort town of Da Lat and the city of Thap Cham in Ninh Thuan province.

E-commerce and digital technology are creating great opportunities for Vietnamese businesses to enter the world market and participate in the global value chain as Industrial Revolution 4.0 is changing business and production models in a dramatic way.

Traditional craft villages in Vietnam are increasingly attracting tourists thanks to the long-standing culture and signature products. Craft village tourism will bring economic benefits, create jobs, and preserve tradition.

There were 131,275 newly-established firms with total registered-capital of VND1.47 quadrillion nationwide in 2018.

Tatiana Rokou, author of the article titled “Vietnam Timeless Charm - Inspires Your Soul”, said tourism has been considered a key economic industry of Vietnam.

Investment in Vietnamese startups rose to $889 million in 2018, three times that of 2017.

Vietnam had 695 local special products registered for intellectual property protection in 2018 out of more than 4,800 specialties.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is set to come into force for Vietnam on January 14, following the National Assembly’s ratification on November 12 last year.