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Saigon Co.op Mart

Retailers worry as Vietnam opens market in 2015

Business

Retailers worry as Vietnam opens market in 2015

Vietnamese retailers have expressed concerns about the increasingly competitive retail market, as the country plans to open up to an influx of foreign retailers required by the World Trade Organisation (WTO) obligations, which will come into effect from January 11, 2015. Report by Dan Tri online newspaper.

Vietnamese goods win local consumers’ favour

Business

Vietnamese goods win local consumers’ favour

Vietnamese goods have regained local consumers’ confidence thanks to their good materials, diversified designs and competitive prices.

According to a survey conducted by the TV Plus Company, 58 percent of Vietnamese consumers have been interested in locally-made products since a campaign entitled “Vietnamese people use Vietnamese goods” was launched by the Ministry of Industry and Trade (MoIT) more than one year ago, compared to 23 percent previously.