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Vietnam spends US$1.53 billion on importing cotton in H1
Vietnam imported 766,000 tonnes of cotton worth US$1.53 billion in the first half of this year, representing a rise of 21.6% in volume and 9% in value over the same period last year, according to updates from the General Statistics Office.
Project launched to elevate Vietnam’s culinary heritage, inspire future chefs
A culinary project which delves into traditional cooking techniques across Hanoi and the northwestern mountainous region, has been launched by TUNG Group in collaboration with fermentation expert Jason Ignacio White and Vietnamese fermentation pioneer Daniel Hoai Tien.
Condo prices in Hanoi catching up with the HCM City market
Prices of condominiums in Hanoi are catching up with prices in Ho Chi Minh City in both primary and secondary markets, according to CBRE Vietnam’s report on the capital's real estate market in the first half of this year released on July 9.
Foreign withdrawals not yet a concern for stock market
Foreign investors have been strongly net selling on the domestic stock market, focusing on many blue-chip stocks, putting pressure on the market's sentiment. However, this net selling and capital withdrawal by foreign investors is not yet a worrying trend.
AI giving cosmetics industry a makeover
Artificial Intelligence is transforming many industries, including cosmetics, according to the leading market expansion services provider DKSH.
Difficulties in maintaining domestic consumption this year: surveys
Domestic consumption is likely to lose steam as consumers face uncertainties, along with changes to shopping trends. Meanwhile, businesses have reported it's increasingly difficult to maintain purchasing power and reduce inventory buildup, said industry insiders and economists.
Around 8% of Vietnam’s population have accounts for securities trading
Domestic individual investors hold more than 7.98 million accounts for securities trading as of the end of June, or 8% of Vietnam’s population, according to statistics supplied by the Vietnam Securities Depository and Clearing Corporation.
Vietnam’s export products encounter 253 trade defence lawsuits
Vietnam’s export products are facing 252 trade defence lawsuits from 24 markets as of June, according to the Ministry of Industry and Trade.
Credit growth soars in June
Credit growth has accelerating since the beginning of June, signaling that the 15% growth target is achievable, if the rate is maintained in the remaining months of this year.
Manufacturing business sentiment to rise
Vietnamese manufacturing business sentiment is set to rise in the third quarter on the back of the country’s unexpectedly higher economic growth in the second quarter and an optimistic outlook for the year.