Buoyed by landmark free trade agreements and higher economic growth, this year Vietnam is likely to trump 2015’s record high of US$23 billion in foreign direct investment.
French company Groupe Auchan has stepped into Vietnam’s growing competitive retailing market through its arm AuchanSuper.
Consumers in the Association of Southeast Asian Nations (ASEAN) are tightening their belts during a sluggish economic time by cutting their spending on fast food.
Electricity of Vietnam (EVN) has seen implementing component projects in preparation for the building of the Ninh Thuan Nuclear Power Plants, the first of their kind in Vietnam.
Phu Quoc island has been thriving, turning itself into a tourism and investment hub in southern Vietnam thanks to many large-scale projects that have helped build its reputation among investors.
With US$6.9 billion in revenue from wood and wood-based product exports in 2015, Vietnam has become the fourth biggest wood exporter in the world, following China, German and Italy, according to the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA).
Masan Group Corporation which is listed on the Ho Chi Minh City Stock Exchange, has announced the receipt of its first investment worth US$650 million from the Thai brewery partner Singha Asia Holding Pte Ltd.
The State Bank of Vietnam (SBV) will launch three releases of treasury bills on February 2 worth VND9 trillion (US$8,969,805 million).
Le Minh Tuyen of HCM City, who was choosing a Tet (Lunar New Year) gift hamper, said, "Products for this Tet are abundant, diversified and have more eye-catching packaging compared to previous years, especially confectionary and sweets."
Vietnamese textile and garment companies face a huge challenge with the market set to be flooded with imports following the country's accession to the ASEAN Economic Community (AEC) and Trans-Pacific Partnership (TPP) treaty.
Interest rates will likely increase again this year, after remaining at the low levels of 2006 for the past few years, experts forecast.
Hung Vuong Corporation (HVG) plans to invest VND333.45 billion (US$14.8 million) to purchase 51 percent of stakes in the Russian Fish Joint Stock Company, Duong Ngoc Minh, Chairman and Chief Executive officer (CEO), said.
Deputy Prime Minister Nguyen Xuan Phuc has praised the Vietnam Cooperative Alliance (VCA)'s contributions to national socio-economic development, especially agriculture and rural development.
Property brokers must pass examinations to get certificates to practise, according to Circular 11/2015/TT-BXD issued by the Ministry of Construction recently.
Research conducted by Germany's Statista Market Research Company showed that the scale of Vietnam's retail market could reach US$100 billion in 2016.
A Japanese leading retailer in Asia had its business in Vietnam export goods worth millions of dollars last year, its executive has said.
VOV.VN - The draft document of the 12th National Party Congress considers the private sector an important part of the economy.
Vietnamese consumers will dedicate most of their spending for self and household in the upcoming Tet (Vietnam’s Lunar New Year) holiday, a TNS survey finds.
Nine major real estate agents from Japan have visited two major projects in Ho Chi Minh City, in search for investment chances in the southern Vietnamese metropolis.
Vietnamese shares rebounded on January 29 as energy stocks recovered on higher oil prices.
VOV.VN - Statistics released by the Ministry of Agriculture and Rural Development (MARD) show that rice exports for January surged 56.7% year-on-year in volume to 495,000 metric tons and 46% in value to US$218 million.
Hanoi People’s Committee Chairman Nguyen Duc Chung led a delegation to visit and present gifts to revolutionary contributors on January 30.
Vietnam has invested in upgrading its electricity transmission lines in preparation for importing power from Laos, according to the National Power Transmission Corporation (EVN NPT).
VOV.VN - In recent years, fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) have grown rapidly in both rural and urban areas of Vietnam.
VOV.VN - Vietnam’s clothing and textiles industry has recorded average annual growth of 15% over the past five years and experts anticipate this trend to continue in the near term with gross export revenue reaching a record high US$30 billion by 2020.
VOV.VN - Discussion topics at the 12th National Party Congress included ways to increase agricultural competitiveness for international integration.
GrabTaxi Co. Ltd., will implement a pilot scheme on the application of information technology in support of the management and connection of commercial passenger transportation via the GrabCar project from this month.
Vietnam’s inbound remittance has been rapidly increasing since the beginning of this week and is expected to rocket next week, when the current lunar year reaches its final days and Vietnamese are ready to celebrate Tet (Lunar New Year).
Wholesale markets and shops in HCM City offering a range of quality local products as the shopping season begins in earnest ahead of Tet, the Lunar New Year.
Total apartment sales in Ho Chi Minh City reached nearly 7,700 units in the fourth quarter of 2015, up 47% from the previous quarter, according to Savills Vietnam’s Market Brief released on January 29.