E-retailing or e-commerce has become popular in Vietnam since 2004 with the number of online customers having been on the rise.
(VOV) - In 2015 Vietnam signed free trade agreements with the Republic of Korea and the Eurasia Economic Union and completed European Union FTA and Trans-Pacific Partnership Agreement negotiations.
Foreign invested enterprises (FIEs) account for less than 25 percent of total number of footwear enterprises, but make up 77% of total export value.
The World Trade Organization reached deals on agricultural export subsidies, food aid and other issues on December 19, capping a ministerial conference in the Kenyan capital where rich and poor countries had been split over the path of trade reform.
(VOV) - Can Tho City’s Farmers’ Association is supporting a number of agricultural collective models to help the local people escape poverty and contribute to the local implementation of a national new rural development program. Khiet Tam collective is one such model.
Ethanol gasoline E5 (A92-RON petrol containing 5% ethanol) will be sold at all filling stations in HCM City beginning on December 31, according to the city's Department of Industry and Trade.
Vietnamese consumers have chance to enjoy succulent apples imported from Japan as the fruit is being sold at Aeon’s 75 stores across the country, said Nagahisa Oyama, managing director of Aeon Vietnam Co., Ltd.
Panamanian enterprises want to cooperate with Vietnamese counterparts in rice cultivation and distribution, as heard at a rice trade promotion workshop held recently in Chiriqui province – Panama’s largest granary.
(VOV) - The Vietnam Enterprise Institute (VEI) on December 19 announced some 149 recipients of its trusted brand title in recognition of sustainable development of their brands based on the factors of benefiting the nation’s economy, environment, society and culture.
(VOV) - Low-cost airline VietJet Aviation Joint Stock Co has taken receipt of the first of 30 Airbus Group SE A321 planes it ordered at last month’s Dubai Airshow, a deal worth US$3.6 billion at full retail prices.
(VOV) -A free trade agreement between Vietnam and the Republic of Korea (RoK) is set to come into effect on December 20, 2015, reports the Ministry of Planning and Investment.
Domestic banks are struggling to compete with foreign banks, which are powerful in online payment technology, and with businesses applying online payment methods.
Many Vietnamese businesses say they have been hurt by cheap imports since the government and industry groups have failed to give them support.
The business fields that Thais have poured money to in Vietnam – infrastructure, building materials, retail, consumer goods, food and automobiles – are all fields with great potential.
Businesses in the agriculture sector, especially breeding, would be most vulnerable to the effects of Free Trade Agreements (FTAs) and Trans-Pacific Partnership (TPP) with bigger partners.
The recent decision of the US Federal Reserve (Fed) to hike key interest rates could see foreign investment flowing out of the Vietnamese stock market in the future, stock analysts forecast.
Some foreign investors have warned that they may leave Vietnam because of unfavorable conditions to do business. However, Vietnamese businesses and analysts believe they will stay in the country.
The prices of RON 92 petrol and E5 bio-fuel were reduced by VND391 per litre as of 3 pm on December 18, the 5th consecutive cut and the 22nd adjustment so far this year.
Vietnam’s trade and industry sectors have been warned about fiercer competitions when the free trade agreements (FTAs) that Vietnam has signed take effect.
Vietnam is enjoying a surge of investor interest and the auto market is one area where the enthusiasm is warranted, according to the UK’s Financial Times.
(VOV) - Forty years since the war ended, the US has become the largest purchaser of commodities from Vietnam while Vietnamese students comprise the eighth largest foreign student community in the US.
Vietnam’s economy has started to thrive while most of Asian economies is slowing economically and moving towards consumer-led growth, the Standards & Poor (S&P) fund said in its recent report.
(VOV) - At a seminar in Hanoi on December 18, key leaders in the timber and forest products industry talked about global trends in the field and other pertinent technical and managerial issues.
TCREIT is the first public REIT to be launched in Vietnam, with the initial charter capital of VND50 billion (US$2.35 million). At least five million fund certificates at VND10,000 each will be offered.
Thailand and China have agreed to double their bilateral trade to US$120 billion in the next five years from an estimated US$60 million at the end of this year.
(VOV) - The International Finance Corporation (IFC), a member of the World Bank group is providing a trade facility of up to US$10 million to TienPhong Commercial Joint Stock Bank (TPBank) to enhance its support for local enterprises and help boost international trade opportunities, according to an IFC press release on December 17.
(VOV) - The management board of the Saigon Hi-tech Park (SHTP) on December 17 granted investment licences to two new investors in the global supply chain of Samsung Electronics.
Thailand’s Robins department stores have launched three big promotions for shoppers during this festive season.
Economists have repeatedly urged to think of solutions to escape the reliance on Chinese goods, but the task remains difficult.
As oil prices continue to fall, oil and gas giant PTT Plc has said it will delay three oil refinery and facility projects worth an estimated US$3 billion each in Vietnam, Myanmar and Indonesia, Thai media reported on December 17.