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Four firms to form conglomerate to fight foreign retailers
The Association of Vietnam Retailers (AVR) has asked the government to establish a retail conglomerate from four big retail chains, Saigon Co-op, Phu Thai Group, Satra and Hapro, to compete with foreign retailers flocking to Vietnam.
Vietnamese retailers look to foreign retail markets
As the competition in the domestic retail market heats up, big Vietnamese-owned retail chains are considering neighboring markets like Myanmar, Laos and Cambodia.
Empowered by foreign capital, e-wallets flourish
With the increasing popularity of e-wallets, more foreign money is being poured into the business field.
Best bars in Hanoi Old Quarter
Enjoying a cocktail and chatting with new friends are the way to relax at night when stopping at the Hanoi Old Quarter. Here are the top bars for foreign visitors, according to vnonline.
Vietnamese drinkers enrich brewers
Brewers and pubs are thriving thanks to Vietnamese wine and beer consumption.
Is the trade deficit with ROK a concern for Vietnam?
Economists have said that the increased trade deficit with the Republic of Korea (ROK) is not expected to lead to changes in Vietnam’s economic structure.
Airlines asked to open more air routes to provinces
With an aim to promote tourism, local provincial authorities are calling on airlines to open air routes to their areas. Some provinces are even willing to compensate airlines’ losses during the first phase of operation.
Money flows into real estate market as prices rise
Experts have urged state management agencies to take necessary measures to drive the current strong cash flow into real estate out of the market as prices are increasing, depriving low-income earners of the opportunity of owning houses.
Big money flowing into resorts
As Vietnam is a bright spot in the region for tourism, hotels and resorts in Vietnam are being eyed by more investors.
Korean investors ‘play big’ in Vietnam’s finance & banking market
Vietnamese bankers have been warned that they should beware of not only well-known banks from Japan, UK, Singapore and the US, but rivals from the Republic of Korea (ROK) as well.