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Consumer lending has the potential for explosive growth in Vietnam, but this can only happen with significant improvements in consumer satisfaction with credit institutions and loan conditions, experts say.
The country’s total retail sales and services revenue reached VND1,267.9 trillion (US$56.7 billion) in the first four months of this year, a year on year increase of 6.7%
Vietnam lacks the legal wherewithal to deal comprehensively with dubious multilevel marketing companies operating in the country, officials say.
Retailers in HCM City, including Saigon Co.op and Big C, are offering discounts on pork products in an effort to boost consumption.
The Government should create the best possible conditions, including easing tax procedures, to encourage household businesses to expand into companies.
Vu Thi Trang sprang no surprises when she lost against world No 1 Tai Tzu Ying of Chinese Taipei in the second round of the Badminton Asia Championships in China.
Vu Thi Trang is the only Vietnamese representative left in the Badminton Asia Championships in China.
The Vietnam Association of Seafood Exporters and Producers (VASEP) is showcasing Vietnamese seafood products at the Seafood Expo Global, which is being held in Brussels, Belgium, from April 25 to April 27.
Businesses may be able to improve earnings and market values if they are able to develop and use intellectual property in efficient ways, officials said at a seminar on April 25.
Business communities play an important role in accelerating bilateral trade between Vietnam and China, said Huang Xiaohang, vice chairman of the China Council for the Promotion of International Trade under the Zhejiang Provincial Committee (CCPIT Zhejiang).