VIETNAM
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According to the updated report in July 2019, the IMF predicts that the global economy will continue to grow in 2019 and 2020, and the growth in 2019 will decrease compared to the April 2019 forecast. In the third quarter of 2019, the USD price tended to move closely with the prediction made at the end of last year and quite similar to the same period of 2018. The dollar has fluctuated continuously in the fourth quarter of 2019 but is showing a trend of cooling down compared to the fourth quarter of 2018 and more stable. The gross domestic product (GDP) in the third quarter of 2019 is estimated to increase compared to the same period last year.

Vietnam beverage market has gradually met the demand of consumers, replacing a part of imported products and taking part in exporting, in which beer and soft-drink gain the upper hand, wine only accounts for a small proportion. Regarding the beer market, the domestic beer producing industry has met the internal consumption demand, and gradually decreased importing and increased exporting, which contributes to improve the export turnover. Vietnam always among the biggest beer markets in the world

 Vietnam is one of the fastest growing tourist destinations in Southeast Asia thanks to many favorable factors such as the growth in the number of tourists, new hotel brand names entering the market, relaxed visa policy along with the development of infrastructure