Indonesian retailers interested in Vietnamese market Business

Indonesian retailers interested in Vietnamese market

Most of the modern retailers from Indonesia, who are engaged in minimarkets and convenience stores, have expressed their interest in expanding business in Vietnam, according to Chairman of the Indonesian Retailers Association (Aprindo) Roy Nicholas Mandey.
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).
Fast fashion challenges Vietnamese firms Business

Fast fashion challenges Vietnamese firms

Vietnamese apparel manufacturers need to embrace new technologies to meet the growing global fast fashion trends, according to the Vietnam Textile and Garment Association (VITAS).
Foreign brands up the ante in fashion market Business

Foreign brands up the ante in fashion market

The competitive pressure exerted on domestic fashion firms by the increasing presence of world renowned brands is unavoidable, but it could have positive impacts in the long run, experts said.
Business

Vietnam to become jeans production hub

Spain’s Jeanologia and its Vietnamese partner Phong Phu International Joint Stock Company have an ambitious plan to transform Vietnam into a global market leader in the production of high-quality environmentally friendly jeans, radio The Voice of Vietnam (VOV) reported.