New exchange rate mechanism has little impact on property market
New exchange rate mechanism has little impact on property market

The new exchange rate mechanism will not make any remarkable impact on the Vietnamese real estate market, assured an expert from the CBRE Vietnam. 

New exchange rate mechanism has little impact on property market
India boosts chemicals and cosmetics exports to Vietnam
India boosts chemicals and cosmetics exports to Vietnam

(VOV) - Indian businesses considers Vietnam a potential import market of their dye and basic chemicals, said S. G. Bharadi, the Acting Executive Director of the Indian Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council (CHEMEXCIL).

India boosts chemicals and cosmetics exports to Vietnam
Drivers pay less at the pump for petrol
Drivers pay less at the pump for petrol

(VOV) - Drivers will start paying less at the pump for petrol effective as of 3 pm on January 4, according to a price adjustment just announced by the Ministry of Industry and Trade (MoIT).

Drivers pay less at the pump for petrol
Supermarkets launch sale season
Supermarkets launch sale season

Supermarkets around the country have launched promotions to attract customers during the New Year holiday.

Supermarkets launch sale season
Vietnamese retail market: early bird will catch the worm
Vietnamese retail market: early bird will catch the worm

Gone is the time when big fish swallow smaller fish. It is now the time when faster fish will eat slower ones, according to Nielsen.

Vietnamese retail market: early bird will catch the worm
Nation's retail sales jump 9.5% this year
Nation's retail sales jump 9.5% this year

Vietnam's retail sales of goods and services rose 9.5% this year, the largest increase since 2011, as low inflation and strong economic growth bolstered consumer confidence, data from the General Statistics Office (GSO) revealed.

Nation's retail sales jump 9.5% this year
Sugar imports to pressure prices
Sugar imports to pressure prices

An import quota of 86,000 tonnes of sugar during 2016 in line with the World Trade Organisation (WTO) rules, coupled with possible imports from Laos, will continue to burden local producers.

Sugar imports to pressure prices
Gov't keeps eye on carriers after drop in fuel prices
Gov't keeps eye on carriers after drop in fuel prices

The Ministry of Transport has instructed relevant agencies to closely monitor fees charged by carriers to ensure the decrease in fuel prices is factored in.

Gov't keeps eye on carriers after drop in fuel prices
Rice exports up in volume, down in value for 2015
Rice exports up in volume, down in value for 2015

(VOV) - Preliminary estimates by the Ministry of Agriculture and Rural Development (MARD) released on December 28 show that overseas rice shipments for 2015 jumped 5.8% on-year in volume to 6.7 million metric tons.

Rice exports up in volume, down in value for 2015
Tra fish industry advised to explore new markets
Tra fish industry advised to explore new markets

Vietnam’s tra fish industry should take proactive steps to find new markets, experts said amidst newly arising challenges to the industry’s export including the US’s anti-dumping duties and new rules requiring domestic and foreign suppliers to meet the same standards. 

Tra fish industry advised to explore new markets
Mango exports start flowing to Japan unimpeded
Mango exports start flowing to Japan unimpeded

(VOV) - Japanese border and customs inspectors have given clearance to an estimated 20 metric tons of mangoes over the past month, reports the Ministry of Agriculture and Rural Development (MARD).

Mango exports start flowing to Japan unimpeded
MobiFone sees revenue up 10%
MobiFone sees revenue up 10%

The MobiFone Telecommunications Corporation targets total revenue of VND35.8 trillion (US$1.59 billion) in 2016, 10% higher than that of 2015, and a profit of VND5.2 trillion (US$231 million). 

MobiFone sees revenue up 10%
Finance Ministry wants fewer incentives for auto industry
Finance Ministry wants fewer incentives for auto industry

The Ministry of Finance has thrown its weight behind a removal of many incentives for automakers as a full-fledged auto industry has remained far-fetched despite all sorts of policy incentives over the past 20 years.

Finance Ministry wants fewer incentives for auto industry
Confidence about Vietnam’s real estate market restored
Confidence about Vietnam’s real estate market restored

International experts believe Vietnam and Cambodia are highly desired destination points for real estate investors. There are still many attractive opportunities in emerging markets, despite the economic slowdown worldwide.

Confidence about Vietnam’s real estate market restored
10 richest people on Vietnam Stock Exchange in 2015
10 richest people on Vietnam Stock Exchange in 2015

Vietnam’s only one USD billionaire Pham Nhat Vuong, the boss of Vingroup, retains the top spot, while tycoon Doan Nguyen Duc of Hoang Anh Gia Lai Group slipped to the third position, giving the second spot to the boss of Hoa Phat Group, Mr. Tran Dinh Long. The rankings this year saw some changes.

10 richest people on Vietnam Stock Exchange in 2015
Vietnam successfully manages monetary policy
Vietnam successfully manages monetary policy

(VOV) - The Vietnamese government’s flexible monetary policy contributed greatly to Vietnam’s macro-economic stability and socio-economic development.

Vietnam successfully manages monetary policy
HOLM owners find luxury on the green
HOLM owners find luxury on the green

Sapphire JSC invited early purchasers of HOLM Residences as VIP guests to December’s esteemed four-day Ho Tram Open 2015, an Asian Tour sanctioned professional golf event.

HOLM owners find luxury on the green
Textile manufacturers want to become satellite Chinese companies
Textile manufacturers want to become satellite Chinese companies

Many merger and acquisition (M&A) deals have concluded recently, after which Vietnamese companies joined Chinese textile & garment production chains.

Textile manufacturers want to become satellite Chinese companies
Southern businesses enhance connection in goods supply
Southern businesses enhance connection in goods supply

Nearly 280 contracts on goods supply were signed by businesses in the south during a conference to promote supply-demand connection held in Ho Chi Minh City on December 23. 

Southern businesses enhance connection in goods supply
Savills: office rents surge in HCM City, stable in Hanoi
Savills: office rents surge in HCM City, stable in Hanoi

Improved macro-economic conditions and limited vacancies will make office rental costs in Ho Chi Minh City to head upwards while the prices in Hanoi remain steady, Savills Vietnam announced on December 22.

Savills: office rents surge in HCM City, stable in Hanoi
Globe’s appetite for Vietnam fruit and vegetables grows
Globe’s appetite for Vietnam fruit and vegetables grows

(VOV) - The value of fruit and vegetable exports has climbed 123.7% from a year earlier in the eleven months leading up to December to US$1.673 billion, according to the Vietnam Fruit and Vegetable Association (Vinafruit).  

Globe’s appetite for Vietnam fruit and vegetables grows
Canada imposes anti-dumping duties on Vietnam OCTG
Canada imposes anti-dumping duties on Vietnam OCTG

(VOV) - The Canada Border Service Agency (CBSA) has announced its final decision on re-investigation into oil country tubular goods (OCTG) imported from some countries, including Vietnam, according to the Vietnam Competition Authority under the Ministry of Industry and Trade.

Canada imposes anti-dumping duties on Vietnam OCTG
New website ‘agromart’ debuts
New website ‘agromart’ debuts

(VOV) - Nguyen Nhu Tiep, head of the National Agro-Forestry Fisheries Quality Assurance (NAFIQAD) has announced the debut of a new website at www.agromart.com.vn to promote the sector.

New website ‘agromart’ debuts
The FED’s historic rate hike signals stronger US dollar
The FED’s historic rate hike signals stronger US dollar

(VOV) - The US Federal Reserve hike in interest rates last week has a profound impact on financial markets around the globe, particularly those in emerging economies such as Vietnam, say the experts.

The FED’s historic rate hike signals stronger US dollar
Vietnam’s fast-moving consumer goods market blooms
Vietnam’s fast-moving consumer goods market blooms

Vietnam’s fast-moving consumer market is now a magnet for foreign investors as it is expected to outpace major markets like India and China with an annual growth rate of 20 percent by 2020.

Vietnam’s fast-moving consumer goods market blooms
 Tariff cuts help cheap cars from Thailand dominate market
Tariff cuts help cheap cars from Thailand dominate market

With a total of 23,516 cars shipped to Vietnam in the first 11 months, up 84%, Thailand is now the biggest auto seller in the country, local media reported recently, citing new customs data. 

 Tariff cuts help cheap cars from Thailand dominate market
Local exports to face stiff competition
Local exports to face stiff competition

Vietnam's exports, especially agro-forestry and fisheries, will face difficulties in 2016 if the country does not drastically restructure the industry, Tran Tuan Anh, deputy minister of Industry and Trade said.

Local exports to face stiff competition
Stock market capitalisation equals to 34% of GDP
Stock market capitalisation equals to 34% of GDP

The capitalization of Vietnam’s stock market was estimated at more than VND1,325 trillion (US$58.8 billion), equal to 34% of the country’s Gross Domestic Products (GDP), this year.

Stock market capitalisation equals to 34% of GDP
Japan restaurants facing tough competition in Vietnam
Japan restaurants facing tough competition in Vietnam

(VOV) - As many as 770 Japan restaurants are operating in Vietnam, including more than 400 in HCM City, creating fiercer completion in the highly lucrative market, according to the Japan External Trade Organization (JETRO).

Japan restaurants facing tough competition in Vietnam
Telephone exports at record high in November
Telephone exports at record high in November

(VOV) - Exports of telephones and components hit a record high of US$2.78 billion in November, up 4.4% from a month earlier, according to the General Department of Vietnam Customs.

Telephone exports at record high in November