The Vietnamese aviation market has been recording double-digit growth in the last four years, but the growth rate is slowing.

Vingroup’s investment in the aviation industry could lead to a surplus in supply, while the group needs to focus its resources on the industrial and technology businesses.

The outlook is decidedly bullish for Vietnam’s residential market in the long term.

Nine out of the ten largest cap companies continued to lead the classification compared to 2018, but their rankings are now changed.

Vingroup and Masan have agreed to merge some of their businesses to create “the country’s largest retail group”.

The biggest support for the market is expected to come from the consistent policy implementation by the government to stabilize macroeconomic factors and encourage domestic firms to develop.

In less than a month, Masan Consumer, a consumer business of major conglomerate Masan Group, has initiated two deals to take its businesses beyond the food and beverage sector.

Besides rapid urbanization, the rising income of consumers is one of the reasons for the booming of the Vietnamese retail market.

Both SK Group and South Korea’s National Pension Service (NPS) would contribute US$430 million to the fund.