Domestic retailers urged to team up to compete Business

Domestic retailers urged to team up to compete

Competition between domestic and foreign retailers is likely to remain fierce this year, requiring Vietnamese businesses to cooperate in order to maintain their market shares, said an official from the Ministry of Industry and Trade (MoIT).
Supermarkets keep stable prices for Tet Business

Supermarkets keep stable prices for Tet

Many trade centres and supermarkets started opening their door right on February 5, the first day of the traditional lunar New Year (Tet), with prices kept at the same level before the longest and most important festival in Vietnam, according to market watchers.
Domestic retailers strive to gain competitive edge Business

Domestic retailers strive to gain competitive edge

Domestic retailers must work to outline rational business strategies to gain a competitive edge over their foreign rivals, especially as the local retail market has become more attractive than ever to foreign investors.
ZaloPay targets 1,000 points of sale Business

ZaloPay targets 1,000 points of sale

ZaloPay e-wallet, developed by VNG Corportion, aims to open about 1,000 new points of sale in 2018, according to Phan Thanh Thao, business development director of Zalo Pay.
Business

ASEAN investments help fuel economic development

Twenty years after joining the Association of Southeast Asian Nations, Vietnam has become an attractive destination for investors from the region, the Vietnam Investment Review reported, adding that ASEAN investments have greatly contributed to fueling the country’s economic development.
Japanese capital moves towards trade sector Business

Japanese capital moves towards trade sector

Japanese investors in Vietnam are likely to shift their capital to the trade and service sectors given the advantages of the ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEP) in 2015-2019 and the ASEAN Trade in Goods Agreement (ATIGA) in 2015-2018.