The booming activity of Vietnam creates new opportunities in several economic sectors, including retail. Like other big cities of Vietnam, Ho Chi Minh City sees chains of convenience stores rapidly expanding throughout its districts, providing new services for the population to buy products locally.
Fueled by the growing middle class, the fashion and garment industries are booming in Vietnam. With fierce competition between local and foreign companies, both in traditional retail and e-commerce, here is some information to navigate the market and understand fashion buyers’ consumer behaviors.
With the spread of mobile devices in Indonesia, ways of consulting and consuming news are changing rapidly. Through new online media, Indonesians from all age groups and socioeconomic categories are adapting their behaviors and engaging into new ways to get informed and entertained.
Indonesians, especially the younger generation, are becoming very fond of sweet pastries like donuts. To benefit from this shift towards more leisure and going out with friends, local and foreign companies are rushing to grab their share of the new “café culture” in the country’s large young population.
The transition of Vietnam to an emerging market economy goes along several changes in habits and income of its population. With increasing spending, modernization of medical practices, improvement of the healthcare system and the development of technologies, numerous opportunities arise in the Vietnamese healthcare sector.
ASEAN attracts a lot of attention from businesses and investors thanks to its high level of economic growth and a widening middle class. With the unfolding of the ASEAN Economic Community they will reap more and more benefits as the deepening regional integration eases business practices and creates new opportunities
Internet has brought a revolution, enabling virtually anyone to create an online business and reach a large consumer population easily. Thanks to the shift towards online shopping, businesses of all sizes can now compete against bigger traditional companies and quickly grab a large market share on Internet.
With very little land available for agriculture, Singapore is importing most of its food. To relieve this dependence, new techniques now enable the local production of vegetables through vertical farms. Thanks to this innovative system, Singaporeans enjoy “home-grown”, environment-friendly and fresher green products.
After years of slump, the Philippines is now one of the fastest growing countries in Asia. Multinational and local corporations are benefiting from strong macroeconomics and large untapped market to seize growth opportunities. Jaime Augusto Zobel de Ayala shares his views on opportunities and challenges of the Philippines.
Singapore has several advantages that make it an ideal place for media and advertising companies to settle in Asia. With a pro-business environment, good infrastructure and a very tech-savvy population, Singapore provides a great environment for businesses in content production, communication and data analysis.