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Survey reveals shifts in Vietnamese shopper habits
A recent survey conducted by NIQ, a leading authority in consumer and shopper insights, has uncovered notable changes in shopping behaviour among Vietnamese consumers in 2024.
Enterprises advised to focus on deep processing to enter Asian, African markets
Vietnamese businesses should continue to invest in deep processing to effectively penetrate Asian and African markets amid the rising trend to use deeply processed products in these outlets, the Asia-Africa Market Department under the Ministry of Industry and Trade (MoIT) has said.
Vietnam doesn’t manipulate currency: US Treasury
Vietnam did not manipulate the rate of exchange between the Vietnamese dong and the US dollar for purposes of preventing effective balance of payment adjustments, or gaining unfair competitive advantage in international trade in the four quarters to December 2023, according to a recent report of the US Department of the Treasury (USDT).
Deposits at Vietnamese banks reach record high of US$628 billion
Despite low interest rates, bank deposits have reached a new historic peak of VND16 quadrillion (US$628.5 billion) as of the end of March, according to the latest data from the central bank.
Vietnam sees robust growth and abundant opportunities await: insiders
Vietnam is expected to see robust growth in the next 5 -10 years, opening more investment opportunities for foreign investors, including ones from Singapore, in all sectors, said insiders.
Vietnam's aviation safety well above global average
Vietnam's aviation safety index was reported at 77% by the International Civil Aviation Organisation (ICAO), well above the global average of 68%, according to the Civil Aviation Authority of Vietnam.
Accelerated green economy transition efforts needed for 2024 GDP target
Vietnam’s 2024 economic growth target of 6.5% is challenging, with weak consumption demand and exchange rate risks, so signals a pressing need for hastening energy transition towards a green economy, a conference to launch the Vietnam Annual Economic Report 2024 heard.
Local automobile market will see a big influx of Chinese car brands
The Vietnamese car market is experiencing significant transformations with the entry of Chinese brands, according to motoring experts.
Credit growth bright spot for banking
As of June 14, credit growth has reached 3.79% compared to the end of last year, marking a bright spot for the banking sector, according to the central bank.
Retail giant Masan named in inaugural Fortune Southeast Asia 500 list
The Masan Group Corporation (MSN) has been named in Fortune magazine’s first ever Fortune Southeast Asia 500 list.