Consumers and businesses are called on to join authorities to curb counterfeit, fake, and smuggled goods on online shopping platforms, particularly as e-commerce has been thriving strongly in Vietnam.
The Government of Canada (GoC) is determined to promote Canadian food products on digital platforms, with the goal of introducing a wide range of high-quality products and enhancing awareness of Canadian food among Vietnamese consumers.
Consumers in Vietnam are reluctant to use eco-friendly products made from natural materials as they are more expensive than plastic products, according to economic experts.
The Vietnam Directorate of Market Surveillance (DMS) on April 25 signed a Memorandum of Understanding (MoU) with Schott AG, a leading group in the areas of specialty glass, glass-ceramics and glass innovations from Germany, aiming to promote cooperation in combating counterfeits products and enforcing intellectual property (IP) rights of Schott AG brands in Vietnam.
A workshop held in Ho Chi Minh City on April 5 provided Vietnamese businesses with updates about consumption trends and export standards in Thailand so as to help capitalise on the biggest trading partner of Vietnam in ASEAN.
Minister of Industry and Trade Nguyen Hong Dien discussed measures to promote economic and trade ties between Vietnam and China’s Yunnan province, while meeting with Secretary of the Yunnan Party Committee Wang Ning in Hanoi.
Most of the respondents in a nationwide survey have declared they will pay a premium for high-quality Vietnamese products that meet specific standards, and are originally traceable, good for health, and environmentally friendly.
Miss Linh, an e-commerce platform of Viet Nam Food Europe BV operating in the Dutch market, has presented Vietnamese eco-friendly products at Horecava 2023 in Amsterdam, the Netherlands.
The consumer outlook report from VNDirect Securities Corporation shows that the pent-up consumption trend during the pandemic is gradually decreasing in the context of rising interest rates and a weakening Vietnamese dong making consumers tighten their purse strings.
Thailand’s consumer confidence rose 47.9 points in November, hitting a 20-month high and marking a rise for six straight months, thanks to improved economic performance, an increasing number of foreign visitors and declined petroleum prices.
Dille & Kamille eco-friendly furniture shop in Brussels is full of products made from natural materials such as bamboo and rattan directly imported from Vietnam.
Vietnam raked in 515 million USD from exporting shrimp products to Japan in the first nine months of 2022, posting a year-on-year increase of 24%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
More than 90% of consumers said that they prioritise made-in-Vietnam commodities when making a decision on the purchase of anything, according to the steering committee for the Ministry of Industry and Trade (MoIT)’s “Vietnamese people prioritise made-in-Vietnam products” campaign.
Vietnamese companies must understand trends in the EU consumer market, which is undergoing a significant shift towards green and clean goods that meet international labour and environmental standards, the European Chamber of Commerce in Vietnam (EuroCham) has said.
Boosting Vietnam’s exports to niche markets was key to minimising the impact of a looming global recession, said Vu Ba Phu, head of the Department of Trade Promotion under the Ministry of Industry and Trade.
Vietnam is a top market in adopting new technologies, in which 58% of digital consumers have used online banking solutions, e-wallets, money transfer applications, and digital banking.
The National Assembly's Committee for Science, Technology and Environment on October 25 afternoon urged more detailed and precise provisions to ensure the product quality, rights of relevant parties and proper consumption culture during transactions conducted in cyberspace.
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