Gold prices slumped in the Vietnamese market on September 12 morning. On the Hanoi market, selling price of one tael, or 1.205 ounces, of State-owned SJC’s gold declined by VND190,000 (US$8.3) to US$36.75 million.
Russian firms are intrigued by the Vietnamese market, given that the ruble is falling and Russian manufacturers are eyeing international markets, said Olga Koshev, President of the Inter-Regional Organisation for Support and Protection of Small and Medium-sized Enterprises.
VOV.VN - The flagship branch of Inditex group, Zara has announced it will make its retail debut in Hanoi with the opening of a store at Vincom Center Ba Trieu in Hanoi in October, reports VN Economy.
E-commerce is forecast to hit US$10 billion by 2020, accounting for 5% of the country’s retail market.
VOV.VN - Vietnam spends millions of US dollar every year importing many types of fruit from many countries in the world like US, Japan, New Zealand and Australia to meet its domestic rising demand.
Numerous firms in Germany’s Bayern state expressed their interest in the Vietnamese market during a business gala on February 8 in Coburg city.
Despite stiff competition and high operation costs due to high rent, more and more coffee chains, both foreign and Vietnamese, have opened recently.
The Truong Hai Automobiles Joint Stock Company (THACO) will partner with the LS Mtron Corporation from the Republic of Korea to manufacture and distribute agricultural machines on the Vietnamese market.
Pharmaceuticals distributors from the Republic of Czech are targeting the Vietnamese market, according to Prague radio on January 11.
The Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) and the Andersen Consult Group of Denmark co-hosted a networking programme on January 10 to boost partnerships between Vietnamese and Danish enterprises.
Imported meat has been forecast to prevail in the Vietnamese market, posing challenges for domestic products and businesses.
Kamaz has announced it will continue assembling trucks in Vietnam, a move which may help dislodge Chinese trucks from the Vietnamese market.
The Vietnamese market is warming up as local customers have been paying more attention to decorative products to prepare for the upcoming Christmas and New Year celebrations, while more businesses have geared up for the festivities.
Thai, Japanese, American and French retail giants are speeding up their plans to conquer the Vietnamese market.
Over the past year, capital flows from Japan, Singapore and the Republic of Korea have been heading for the Vietnamese market.
Vietnam is an attractive destination for Malaysian finance and industry businesses, CK Lim, Director of the ASEAN Business Community said at a function to connect Vietnamese and Malaysian businesses in Ho Chi Minh City on November 10.
A poll carried out by the European Chamber of Commerce in Vietnam (EuroCham) showed that Vietnam’s business climate index in the third quarter of 2016 went up ten points from the previous quarter to 84 points.
Multi-level marketing (MLM) company Isagenix Vietnam Company Limited has announced to stop its operations and leave Vietnam because its Vietnamese business line is not necessary for its parent Isagenix International Company.
Universal Robots hopes to tap the demand for industrial automation in Asia with its collaborative robotic products.
German banks are keeping watch on the developing economic relations between Vietnam and Germany, in advance of European investments set to pour into the country when then Vietnam-EU Free Trade Agreement (FTA) takes effect.