Final consumption expenditure (percent of GDP) in Vietnam was estimated at 70% last year by the World Bank with household consumption accounting for 90 percent, making the country among Asia’s top 5 retail markets.
(VOV) -Pakistani Finance Deputy Minister Tariq Bajwa expressed his nation's desire to sign a preferential trade agreement with Vietnam to push trade exchange at the third session of the Vietnam-Pakistan Intergovernmental Committee, hosted by the Ministry of Industry and Trade (MoIT) in Hanoi on December 9.
When the ASEAN Economic Community - one of the three major pillars of the ASEAN Community - is established at the end of this year, the flows of investments from ASEAN countries into Vietnam and vice versa are expected to further flourish.
(VOV) - Africa represents a tantalizing market for expanded commerce, particularly in a range of food and farm-related industries, according to a panel of experts at a recent business forum in Ho Chi Minh City.
A delegation of Japanese agricultural companies led by Atsuke Kawada, Chief of the Japan External Trade Organisation (JETRO)’s office in Hanoi, went on a fact-finding tour to the northern provinces of Ha Nam and Thai Binh on December 8 to seek investment opportunities in the localities.
The e-commerce market in Vietnam is expanding rapidly but local investors are losing their share to foreign competitors with deeper pockets for expensive marketing campaigns.
A subsidiary of Hoa Sen Group, one of Vietnam's biggest steel producers, has acquired a license to develop a VND2 trillion (US$87.48 million) mill in the central province of Binh Dinh.
Seaports in Vietnam have not been exploited in a reasonable way: some of them are overloaded, while many others have been unused.
A favourable investment climate is putting Vietnam on the radar of many transnational corporations drawn by tariff perks, cheap labour and political stability. Thanh Tung reports.
The world’s leading conglomerates have spent hundreds of millions of dollars to acquire valuable startups from Vietnamese-born founders.
(VOV) - French beef and apple have been shipped to Vietnam after a ban on the import of these products was lifted on May 1.
Vietnam – the Republic of Korea (RoK)'s economic co-operation has gained great achievements in the last 20 years, and it is expected to become even more significant in the next 20 years, delegates heard at a seminar held on December 8 in Ho Chi Minh City.
The Vietnam Air Traffic Management Corporation (VATM) held a ceremony to welcome the 600,000th safe flight in 2015 at Tan Son Nhat International Airport in Ho Chi Minh City on December 8.
The Cambodia-Laos-Vietnam (CLV) triangle development region's trade and tourism fair 2015 opened in Champasac Province, southern Laos on December 8.
Ho Chi Minh City is willing to address difficulties for foreign enterprises, including those from the Republic of Korea (RoK), Tat Thanh Cang, Vice Chairman of the municipal People’s Committee, said at a dialogue on business support for RoK enterprises held in the city on December 8.
The Vietnam Chamber of Commerce and Industry and the Belarusian Chamber of Commerce and Industry jointly organised a Vietnam-Belarus Business Forum in Hanoi on December 8 to foster the two business circles’ future partnerships
The 6th International Plastics and Rubber, Technologies and Materials Exhibition and Conference for Vietnam (Plastics & Rubber Vietnam 2016) will take place from March 1 to 3 at Saigon Exhibition and Conference Centre (SECC) in Ho Chi Minh City.
(VOV) - The total overseas remittances that Ho Chi Minh City will receive in 2015 is likely to jump 10% over last year to US$5.5 billion, according to a report of the Municipal People’s Committee.
(VOV) -Instant coffee producers operating in Vietnam are expected to produce roughly 675,000 metric tons of instant coffee in 2015, according to estimates provided by the Vietnam Coffee and Cocoa Association (VICOFA).
(VOV) - Doing business in the rapidly changing marketplace now that the ASEAN Economic Community (AEC) has come to fruition was the theme of a December 8 seminar in the central province of Quang Nam.
Potential areas for cooperation between Vietnamese and Swiss businesses were discussed at a forum in Geneva on December 7.
(VOV) - Vietnamese and Russian government officials vowed on December 8 to upgrade economic cooperation and achieve common development based on the principle of equality and mutual benefits.
Vietsovpetro, a joint Vietnamese-Russian enterprise for oil and gas exploration, put into operation on December 7 the ThTC-02 oil rig in the Tho Trang (White Rabbit) oil field offshore the southern province of Ba Ria-Vung Tau.
(VOV) - BIM Group – Syrena Vietnam has officially signed a contract with Property & Management Company - Real Estate Services (PMC) to manage the project Green Bay Village.
(VOV) - Vietnam’s mango exports to Japan have jumped high, said Nguyen Xuan Hong, head of the Plant Protection Department under the Ministry of Agriculture and Rural Development.
(VOV) - A Japan business delegation began a six-day tour of Vietnamese localities on December 7 to seek investment opportunities in agriculture, according to the Japan External Trade Organisation (JETRO).
The United States is temporarily easing trade restrictions on Myanmar by allowing all shipments to go through its ports and airports for six months, an effort to boost the Southeast Asian country's opposition party after its landmark election win in November.
While the cement industry was struggling with an excess of supply over demand, exports, which were considered a solution to boost consumption, failed to meet expectations.
HCM City-based consumer companies have completed plans to produce enough goods for Tet (Lunar New Year), which falls on February 8 next year, according to the city Department of Industry and Trade.
The State Bank of Vietnam has recently approved in principle a merger between the Song Da Finance Company (SDFC) and the Military Commercial Joint Stock Bank (MBBank).