Business

Footwear industry urged to focus on local market

Major opportunities will be presented to local footwear producers to further develop as local demand is forecast to increase by roughly 8 percent yearly to 355 million pairs by 2020, according to the Vietnam Leather and Footwear Association (Lefaso).
Business

VN banks urged to go hi-tech

Vietnam's banking sector will have to develop more useful and modern services to meet future challenges, and the application of information technology and security systems will play a more important role in the future, experts said at a conference on Dec. 9.
Business

Thai group expands market in Vietnam

The Thai Siam Cement Group (SCG) on November 3 announced a strategy to expand construction materials market in Vietnam and other Southeast Asian countries.
Business

Mexico-Vietnam Business Committee holds first session

The first session of the Mexico-Vietnam Joint Business Committee (MVJBC) and a seminar on bilateral trade took place in Mexico city on September 21 as part of a working visit by a Vietnamese Defence Ministry business delegation.
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.
Society

VN records highest consumer confidence

Vietnam has climbed nine spots to tie with Indonesia as the second most confident country in the world, according to a survey recently issued by The Nielsen Company, a global information and measurement company.
Business

Fashion industry seeks to become more professional

A lack of long-term investment strategies for designing, marketing and creating new images is the basic reason why there are so few renowned fashion brands in Vietnam although the country is one of the top ten leading garments and textiles exporters in the world.
Business

Consumer confidence sags

The country's consumer confidence index dipped to 101 points in the first quarter, a drop of eight points, according to the latest edition of the Nielsen Global Consumer Confidence Index.
Business

Hanoi to host Vietnam Comm/Vietnam Electronics 2009

Around 200 businesses from 18 countries and territories will attend the Vietnam International Communications Expo 2009 (Vietnam Comm 2009) and the International Exhibition on Electronics Products in Vietnam 2009 (Vietnam Electronics 2009) slated for Nov. 18-21 in Hanoi.
Business

Local brands dominate retail growth

The market research firm Taylor Nelson Sofres (TNS) Vietnam, has released a report on local consumption trends, saying that Vietnamese consumers are more and more interested in domestic products.