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BASF sees potential for local growth

BASF sees potential for local growth

German chemical giant BASF has made a firm commitment to supporting the growth of Vietnam. Tanachart Ralsiripong, managing director of BASF Vietnam, spoke to VIR’s Kim Chung about his insights into the market and how BASF will drive business growth in Vietnam.

Locals ignore fast food losses

Locals ignore fast food losses

As fast food giants Lotteria and KFC report losses despite dominating the domestic market, their attractiveness to customers shows no signs of abating.

Pork imports see 50% increase as domestic prices rise

Pork imports see 50% increase as domestic prices rise

VOV.VN -According to the statistics from the General Department of Customs, Vietnam imported nearly 27,000 tonnes of meat and meat products worth US$38.68 million in June, a decline of 9.5% in volume and 9.2% in value compared to May.

Jan-Jun cement exports pick up

Jan-Jun cement exports pick up

Vietnam has seen outbound cement sales rocketing by 50% year-on-year over the first six months of 2018 to 15.42 million tons, fulfilling 85.6% of the export target in 2018, the Government news site chinhphu.vn reported.

Domestic market remains stable in May

Domestic market remains stable in May

The domestic market remained stable in May with total revenue from goods retail sales and services exceeding VND354 trillion (US$15.6 billion), up 1.5% against the previous month and 10.4% year-on-year.

Paper sector unfolds into domestic market

Paper sector unfolds into domestic market

VOV.VN - Domestic paper production has been relatively stable from the beginning of the year, with the sector producing more than 1.18 tons of different types of paper over the first four months of 2018, a year-on-year rise of 60%, according to the Vietnam Pulp and Paper Association (VPPA).

Automobile sales rise sharply in April

Automobile sales rise sharply in April

The Vietnam Automobile Manufacturers Association (VAMA) reported on May 9 that up to 21,123 vehicles were sold in the domestic market in April.

Sugar prices plunge on smuggling

Sugar prices plunge on smuggling

Sugar prices in domestic market have fallen so sharply that sugar mills and sugarcane farmers in the Cuu Long (Mekong) Delta are facing difficulties.