The price growth rate of real estate will hit its peak in 2016, according to the Vietnam Market Outlook released recently by CB Richard Ellis Vietnam Co. Ltd. (CBRE) .
The things of universal interest in Vietnam, if put in order of importance, according to market research firm Nielsen, are general economic information, bills for basic needs, job stability, food price increases and health.
Many home appliances retailers are planning to resume their stalled projects to open more stores given the positive market outlook this year.
The State Bank of Vietnam (SBV) on February 22 announced the central rate for the Vietnam dong against the US dollar at VND21,894 per US dollar, a decrease of VND6 compared to the late last week.
The 2016 Vietnam-Myanmar Trade Service and Tourism Fair - Ho Chi Minh City Expo 2016, is scheduled to take place in Yangon city, Myanmar from April 1-4.
VOV.VN - Rice exports made a breakthrough in January with an estimated volume of 495,000 tons worth US$218 million, up 56.7% in volume and 46% in value against last year’s same period.
Property prices are expected to increase by five to 10 percent in the year of 2016, especially hot projects that have good infrastructure and ensure construction progress.
Many property developers are moving into provinces rather than try their luck in the fiercely competitive metro markets like Hanoi and Ho Chi Minh City.
VOV.VN - Imported meats from India, Australia, the US and the Republic of Korea (RoK) are flooding the domestic retail market and can be found in barbeques and kitchens across the nation, reports the Vietnam Husbandry Association (VHA).
Vietnam’s securities sector reaped satisfactory results in 2015, thanks to its strong measures to attract external capital flows and through the restructuring of the stock market system.
Vietnamese products are facing fierce competition from Thailand imports in the local market as Thai companies increasingly expand their presence in the country.
VOV.VN - Agriculture is poised to drive a new era of economic growth for Vietnam, if the nation focuses on revolutionizing how smallholder farms are operated and implements needed institutional reforms, say experts.
The 90 million strong domestic market holds the potential for the garment and textile sector to increase its revenue.
The State Bank of Vietnam (SBV) on February 17 announced the reference rate for the Vietnam dong against the US dollar as VND21,895 per dollar, up VND11 compared with the previous day.
VOV.VN - Chau Thanh Longan Co-operative has supplied exporters with 100 tons of Edor longan to ship to the US.
Exports of some new products such as charcoal and wood pellets have witnessed high demand in niche markets, opening opportunities for Vietnamese companies.
Loans pouring into the real estate sector are expected to be tightened given that the sector is said to be experiencing robust growth.
Though there is no sign yet of the price "fever" that periodically marks the Vietnamese property market or a bubble, the market remains a hot topic for analysts and the media.
VOV.VN - The 8th International Exhibition of Shipbuilding, Marine Technology, and Transportation (VietShip 2016) will take place at the National Convention Centre in Hanoi on February 24-26.
After posting a record growth of 55 percent last year, Vietnam's automobile sales will continue to grow strong this year, albeit at a lower rate, news website VnMedia reported on February 9, citing local businesses.
The Vietnamese retail market has seen some mergers and acquisitions (M&A) between foreign and Vietnamese enterprises, thanks to the huge development potential of the retail sector.
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."
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.
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.
VOV.VN - The US has become the biggest importer of Vietnam’s footwear products with an import revenue of nearly US$4.1 billion, accounting for 33.9% of the country’s total footwear export value, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).
VOV.VN - Tran Gia Company from Bien Hoa city, in the southern province of Dong Nai has shipped more than 40 tons of Banh Chung (a type of traditional rice cake for New Year celebrations in Vietnam) to nearly 10 countries in the world for the upcoming Lunar New Year festival.
Commercial banks cut the exchange rate of the United States (US) dollar against the dong by VND30 to VND40, bringing it to its lowest level in the past three months.
VOV.VN - Shrimp exports out of Vietnam plummeted dramatically last year, due largely to increased competition and lower prices, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Thousands of apartment units will be put onto the market in Hanoi and Ho Chi Minh City in the near future, leading to fears of an oversupply in real estate.