Many energy-intensive industries are relocating to cheaper countries like Indonesia, Thailand and Vietnam.

Real estate and logistics company BW Industrial was inaugurated in Binh Duong Province on May 15 as a joint venture between the global private equity firm Warburg Pincus and Becamex IDC Corp.

Convenience stores are gaining ground and posing greater competition on traditional trade in Vietnam, with the number of corner shops jumping fourfold in a six-year period ending 2016, Kantar Worldpanel said in a report released on Tuesday.

The Asian Development Bank (ADB), through its Trade Finance Programme (TFP), has signed an agreement with Citibank to further support trade across Asia.

Besides traditional markets like Laos, Cambodia, and Myanmar, Vietnamese companies have begun searching for new markets for overseas investment.