Miliket instant noodles held a 90% market share in the 90's, but that figure has sunk to 2-4% due to cut-throat competition from other brands.

As usual, foreign investors want to cash in on Vietnam’s low-cost manufacturing.

Developer Nam Anh Real Estate Consultancy and Investment Corporation officially has launched 153 vacation villas and 25 commercial shop houses in The Coast Villas in Phu Quoc.

The Vietnam Association of Seafood Exporters and Producers (VASEP) has predicted that turnover of the country's seafood exports will reach US$7 billion for the year.

Prudential Vietnam Finance Company (Prudential Finance) has received the “Excellent Performance” 2015 Award presented by the State Bank of Vietnam (SBV) for the second straight year.

As a senior international banker who has spent years overseeing Vietnam’s economy and financial sector during a period of break-neck development, Dennis Hussey, the Greater Mekong Region head and CEO of ANZ Vietnam, has accumulated a deep understanding of Vietnam’s banking system.

The Vietnam Chamber of Commerce and Industry (VCCI) on August 22 signed a cooperative agreement with the China Council for the Promotion of International Trade’s (CCPIT) Ningbo city chapter to lay the foundation for the two countries’ businesses to accelerate cooperation. 

VOV.VN - On August 22,  the Ministry of Planning and Investment, the Japan Embassy in Vietnam, and the Vietnam-Japan Economic Committee co-hosted a meeting to launch the 6th phase of the Vietnam-Japan Joint Initiative.

New Zealand, which exports 80 percent of its agricultural products, is willing to transfer its advanced farming technologies and machinery to the Mekong Delta, New Zealand Ambassador Haike Manning said in a recent trip to the Mekong Delta city of Can Tho. 

VOV.VN - The number of vehicles imported through customs points has dropped almost 6% year-on-year to 60,600 during the first seven months of 2016, according to the latest statistics from the General Department of Vietnam Customs.

The northern province of Quang Ninh has taken numerous measures to facilitate local enterprises, a local senior official has pledged. 

The northern port city of Hai Phong is expected to become the international gate of the north for an estimated 109-114 million tonnes of goods in and out and about 25,800 foreign tourists by 2020.

Risk management is now an important part of Vietnam’s financial system after some banks suffered high losses and capital deficits, and merged with other banks.

VOV.VN - Panama’s Food Safety Authority (AUPSA) has issued import permits to 17 local seafood exporters who have met all of the qualifications to ship product to the Central American country.

VOV.VN - Local companies have been swimming against the tide, trying to make headway into the lucrative Lao retail market, says the Hanoi Women Association of Small and Medium Enterprises.

VOV.VN - The Vietnam Oil and Gas Group, whose international transaction name is Petrovietnam, or PVN for short, announced on August 22 that it has signed an agreement with Total E&P Myanmar Ltd to supply oil rigs.

Artermia egg importers have complained that if they have to pay 5% import tax arrears, they will be pushed into a corner, while farmers will suffer the most.

Despite imposing additional tariffs on imported steel billets and rods, Vietnam has failed to stem the influx of imported steel, mainly from China whose suppliers are offloading products cheaply due to oversupply in their domestic market.

The construction ministry is drafting a project on management of the property market through six measures to support transparency and stability, Minister of Construction Pham Hong Ha said.

The northern mountainous province of Ha Giang will promote trade with China ’s southwestern province of Yunnan, a local official has confirmed.

Minister of Agriculture and Rural Development Nguyen Xuan Cuong has suggested developing shrimp as a national strategic product as it can contribute to agriculture growth in the rest of 2016.

Economic boundaries opening wider thanks to free trade agreements (FTAs) are forecast to expand the Vietnamese mergers and acquisitions market, although these new opportunities may come at a price.

The Ho Chi Minh City government has turned down proposed changes to the zoning plan for a section in Thu Thiem New Urban Area even though the changes would pave the way for a US$4-billion project to go up there.

After being acquired by Didi Chuxing in China, Uber may have to take similar moves in Vietnam and other Southeast Asian countries, experts have said. 

Vietnamese cosmetic producers are losing their domestic market share because of not investing in developing brands and improving packaging, a conference heard in HCM City recently.

The Vietnam Chamber of Commerce and Industry (VCCI) has asked Prime Minister Nguyen Xuan Phuc to consider the participation of Vietnam in the Extractive Industries Transparency Initiative (EITI).

Core inflation this year could increase slightly to roughly 2% from 1.7% last year, the National Financial Supervisory Commission (NFSC) forecast.

 Footwear is a big industry of Vietnam, considered a ‘foreign currency earner’ thanks to high exports every year.  

The Thai government is considering the possibility of suspending sales of rice for a short time, given fluctuating rice prices, currency volatility and uncertainty over the weather. 

A Russian expert on Asia-Pacific and the ASEAN from the Russian Institute for Strategic Studies has hailed Vietnam as an attractive market for investors and a highly competitive economy.