Some banks have reported good business performance results in the first half of the year thanks to high credit growth.

VOV.VN - Australia has started a process of evaluating Vietnam dragon fruit for imports, thus opening wider doors for Vietnam dragon fruit to enter the highly lucrative market if the process is successful, according to the Ministry of Industry and Trade.

VOV.VN - Fruit and vegetable imports hit US$351 million during the first half of this year, up 40% over the same period of two years ago, the General Department of Vietnam Customs reports.

The Ministry of Industry and Trade has been urged to retract a directive, which experts say creates unnecessary obstacles for textile and garment manufacturers.

The domestic retail market is seeing merger and acquisition (M&A) deals between local retailers and foreign partners to increase competitiveness and ensure international integration, but they still need a specific retail development plan from the State.

Giant Vietnamese dairy firm Vinamilk (VNM)’s market capitalisation is now nearly US$8 billion, allowing it to remain the market leader in terms of capital.

With tax reductions for beauty industry products included in free trade agreements (FTAs), Vietnam is seen as a promising market for cosmetics firms and foreign suppliers of beauty-care machines and equipment.

The start-up culture in Vietnam has taken off since last year, with more young people eager to start businesses as the Government and local organisations have offered more favourable conditions. 

Many Vietnamese retailers are coping with a slew of problems with high retail rental and tax policy but they remain confident in their competition with foreign rivals, according to a recent survey.

A recent survey by Nielsen, a market survey firm, found that with the increasingly faster pace of life and smaller scale of households, Vietnamese nowadays attach much importance to ‘convenience’ when choosing shops.

VOV.VN - Shrimp exports to UK since the beginning of June has dropped slightly to just US$6.8 million, down 27.7% against the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - The first Vietnam Fruit Day was held at Makro Supermarket in Prague on July 11 to promote agricultural products and seek consumption market in the future. 

Vietnam’s motorcycle market has seen an increase in its sales for the first time since 2012, reaching 1.4 million vehicles in the first six months of 2016, according to the Vietnam Association of Motorcycle Manufacturers (VAMM). 

Gold prices rallied to a two-year high last week which stirred feverish speculation in the Vietnamese market.

VOV.VN - Vietnam lychees, sweet potatoes, dragon fruits, plums and grapefruits are on show at Central World Plaza in Bangkok, Thailand within the framework of ‘Vietnam Products Week” July 8-12 launched by the Vietnam Ministry of Industry and Trade and Thailand’s Central Group.

The landed property sector is outperforming other segments to become Vietnam’s most attractive investment channel.

Real estate analysts predict that the  foundation of the ASEAN Economic Community will cause Vietnam’s property prices to rise.

Many foreigners and overseas Vietnamese are buying apartments in Vietnam, especially in Ho Chi Minh City, according to market analysts.

Vietnamese who rushed to buy gold while prices repeatedly soared over the last two weeks are beginning to regret their investments after sudden unexpected price collapses on July 7.

Vietnam’s automobile sales in June totaled 24,421 units, dropping 6% against the previous month, announced the Vietnam Automobile Manufacturers’ Association (VAMA) on July 8. 

While the imposition of additional tariffs on imported steel products as a temporary safeguard against cheap imports since March was meant to protect the local steel industry, consumers and firms that use steel for their production are worried about steel price hikes in the local market.

Dragon Capital’s flagship fund Vietnam Enterprise Investments Limited (VEIL) officially began trading on the main market of the London Stock Exchange (LSE) on July 6.

The key principles of the AEC  is to facilitate a single market and production base, the free movement of goods, services, investment, and ease the cross border flow of capital all of which bodes well for each sector of the real estate in Vietnam. 

The apartment markets in Hanoi and Ho Chi Minh City showed positive signs in the second quarter, property consultancy company Savills Vietnam has said.

VOV.VN - The nation’s logistics network has not been implemented in an integrated manner, says the Vietnam Ministry of Industry and Trade (MoIT).

Foreign logistic firms are expediting their efforts to tap into the market’s growth following the establishment of ASEAN Economic Community.

VOV.VN - A Thai Business Association trade fair running July 6-10 has gotten underway at the Nguyen Du Sport Culture Club at 116 Nguyen Du Street in District 1 of Ho Chi Minh City.  

VOV.VN - More than 10 tons of lychees under Luc Ngan brand name were exported to Australia on June 23-29. 

The depreciation of the Vietnamese dong against the Japanese yen and US dollar, in the wake of Britain’s referendum on its European Union membership, will raise Vietnam’s public debts as the majority of the debt is in these two currencies.

Vietnam’s retail sector posted an average growth rate of 7.3% per year during the 2010-2015 period with sales last year up 10% to reach US$112 billion, of which modern retail channels accounted for about one fourth of distribution.