Up to 70 percent of Vietnamese consumers put their spare cash into savings, ranking second globally, according to the Global Consumer Confidence Survey recently issued by Nielsen and The Conference Board.
A delegation of Vietnamese businesses had a working visit to Argentina from September 8-11 to seek cooperation and investment opportunities in the South American country.
Supermarkets and shopping malls in Ho Chi Minh City have seen a surge in sales during the three-day National Day holidays this year.
Minister of Industry and Trade Tran Tuan Anh met with his counterparts from Singapore, Indonesia and the Republic of Korea on the sidelines of the 50th ASEAN Economic Ministers (AEM-50) Meeting and Related Meetings held in Singapore from August 29 to September 2 to discuss bilateral and multilateral trade cooperation.
The northern coastal province of Quang Ninh has outlined comprehensive measures to attract key projects in trade, aiming to become a leading service centre in the country.
Thailand’s economy in April-June grew at a slower pace than in the previous quarter, but the National Economic and Social Development Board (NESDB) kept its yearly GDP growth forecast of the country at 4.2-4.7 percent.
The shortage of organic foods in the country is both an opportunity and a challenge for growers, a forum on organic agricultural development was told on August 18.
A Hung Yen Longan Week will kick off at Big C Thang Long supercentre of Hanoi on August 17, aiming to promote the specialty of the northern province.
Longan fruit is a specialty of Hung Yen. The fruit is round, its skin light yellow and firm, while its flesh is fragrant, sweet and succulent.
The rapidly growing demand for organic agricultural produce offers huge potential for businesses to invest in production and develop retail networks, experts said at a recent workshop in Ho Chi Minh City.
The retail sector plays a core role in Ho Chi Minh City’s economic growth, heard a workshop held recently by the municipal Department of Industry and Trade to discuss building a list of key trade and service products.
Ho Chi Minh City’s Department of Industry and Trade met with more than 50 experts, researchers and business leaders at a meeting on August 3 to discuss solutions to develop the city’s main products in the trading and services sector.
The Ministry of Industry and Trade has built a project promoting the engagement of Vietnamese enterprises in foreign distribution systems through 2020 given the modest proportion of the country’s direct exports to overseas markets.
More than 1,000 affordable apartments will be built for industrial park workers at a complex in the Mekong Delta province of Tien Giang, according to Chairman of the provincial Federation of Labour Truong Van Hien.
To sell their products to foreign distribution channels, Vietnamese businesses need to pay more attention to product design, quality assurance and after-sales services, speakers said at a training workshop in HCM City.
Léman Luxury Office has now acquired a reputation as a trendy high-end office building with five-star facilities for the white-collar circle in HCM City. The building is now attracting multi-nationals and leading Vietnamese and global companies as tenants.
The massive increase in the number of M&A deals involving foreign investors is putting pressure on Vietnam’s plastics industry.
Tran Minh Tien, owner of a shop in the southern province of Long An, said he sells some 10 kinds of goods made from natural and environment-friendly materials such as grasses, bamboo and coconut fibre, replacing products made from plastic.
