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Vietnam's hotels recovering from pandemic but still face challenges: Savills
Vietnam’s hotel industry has been slower to bounce back from the COVID-19 pandemic than that of other countries due to a series of factors, including strong reliance on the Chinese market and a large pipeline of hotels, according to Savills Hotels APAC.
Trademark protection important for farm produce to go far in int'l markets
It’s critical for Vietnam to focus on promoting intellectual property rights for areas associated with agricultural products which would enable farm produce to go far in international markets.
Domestic trade to grow at 8-9% a year: MoIT
Measures have been taken to boost domestic trade to maintain an 8-9% growth rate per year, according to the Ministry of Industry and Trade (MoIT).
Real estate market won’t recover until late 2024: Experts
Despite the Government’s efforts to remove challenges facing the real estate market, it won’t prosper until the end of next year, experts have warned.
Business environment reform is the most efficient support for enterprises: GSO
In the face of domestic and international economic difficulties, the most effective support for enterprises is to create an equal, open and transparent business environment, according to Do Thi Ngoc, head of the General Statistics Office (GSO)'s Department of General Statistics.
Credit growth slowing down, raising fear of business contraction
Credit growth in the first months of this year slowed significantly due to high interest rates and firms’ poor health, raising concerns about rising bad debts.
Taiwanese investors’ demand for industrial property expected to be high: Savills
Investors from Taiwan (China) are particularly keen on Vietnam’s industrial, office and retail real estate, motivated by the country’s progress in improving the legal framework and substantial investment in key infrastructure, property consultancy Savills Vietnam said.
M&A deals to boost non-life insurance industry
The non-life insurance sector has seen a flurry of merger and acquisition (M&A) deals over the past two years, partly reflecting the attractiveness and keen competition of the market, which still has room for growth.
Cars in Vietnam not coming cheap
Vietnamese automobile prices are substantially higher than those in other regional countries because of high taxes and low output, according to the Ministry of Industry and Trade.
Domestic poultry sellers face tough competition from imported chicken
The value of imported chicken meat reached US$237 million with about 178,000 tonnes last year.