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.
(VOV) - Sagging export growth spurred a wider-than-forecast trade deficit of US$4.0 billion during the eleven months leading up to December, according to a recent report released by the General Statistics Office (GSO).
Vietnam is witnessing a growing trend in the application of future technologies such as Big Data and Cloud computing into business activities.
(VOV) - Online Friday isn’t just for buying toys, clothes and jewellery anymore as hotels, resorts, cruise lines and online travel sites are trumpeting their products trying to get in on the booming e-commerce retail market.
Supply of high-end apartments in Vietnam has grown sharply in recent years but that of condos for low- and medium-income earners has contracted despite huge demand, according to property services provider CB Richard Ellis Vietnam (CBRE).
(VOV) - Vietnam petrol stations cut the sales price of RON 92 petrol by VND260 per litre as of 3 pm on December 3, in accordance with government directives.
(VOV) - Vietnam Cycle 2015, December 2-5, has opened in Ho Chi Minh City at the Saigon Exhibition and Convention Centre (SECC) with more than 120 participating exhibitors, according to the organizers.
(VOV) - Shrimp exports dipped 30% to around US$3 billion this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Citing local production protection, the Ministry of Finance (MOF) wants to ease the import tariffs on automobile parts. However, the move could 'fatten’ foreign invested enterprises (FIEs) only, while local manufacturers will not see benefits.
After five years of implementation, Nescafé Plan- a cooperative programme between the world's leading nutrition, health, and wellness company Nestlé, Western Highlands Agriculture and Forestry Science Institute (WASI), and other partners- has contributed to improving the quality and raising coffee yield by 14 per cent per hectare (ha).
While experts remain pessimistic about Vietnam’s automobile industry, pointing out that its great efforts in the last several decades have been in vain, the Ministry of Finance (MOF) still puts high hopes on the industry’s development.
Though the number of apartments sold in HCMC this year has surged, experts have warned of a housing oversupply in the city due to a race among property firms to invest in new projects.
The local coffee industry should reform production and processing of coffee products to gain added value from those products, experts said.
(VOV) - The formation of the ASEAN Economic Community (AEC) at the end of this year could create massive motivation for the Vietnamese domestic economy as measured by the gross national product (GNP), say experts.
The increase in foreign investment and the constrictions on foreign companies to develop in Vietnam through representative offices or having commercial presence in the country is forecasted to result in an increasing demand for international standard “offices for lease”.
Jollibee has begun franchising in Vietnam, marking a new strategy in the country for the Philippine fast food chain.
(VOV) - Rice exports to Russia saw a sudden increase in the 10 months leading up to November, up 2.02 times in volume and nearly 80% in value, according to the Ministry of Agriculture and Rural Development (MARD).
The dairy market has steadily expanded, while the competition is getting fiercer, heating up the milk market.
Foreign retailers have been flocking to Vietnam because they see the great potential in a 90-million-consumer market. However, Vietnam has not been an easy playing field even for experienced players.
Ho Chi Minh City’s November consumer price index (CPI) increased 0.1% over the previous month and even declined by 0.45% from the same period last year, the local statistics office revealed on November 23.
(VOV) - The US is presently considered a big importer of Vietnam suitcases and bags, accounting for more than US$1 billion out of total US$2.4 billion in export value, far exceeding other key markets-the EU and Japan.
For the first time, customers will have a chance to invest in properties and purchase homes in prime locations while enjoying the colourful, festive atmosphere at the Dragon City Festival 2015 – Dragons Gathering, to be held by Phu Long Real Estate Joint Stock Company on December 5-6.
Vietnam’s five-star hotels are expectedly hampered by a low occupancy rate due to an increasing supply in the sector.
(VOV) - The Bank for Investment and Development of Vietnam (BIDV) on November 21 revealed plans to open a representative office in Taiwan, as it seeks to expand outside its home market of Southeast Asia.
(VOV) - The 2015 Asia Pacific Food Festival, November 20-23, is expected to gather in excess of 500,000 food enthusiasts to enjoy four days of sampling a vast array of tasty culinary dishes from 15 countries around the region.
(VOV) - Next year’s Vietnam International Motor Show (VIMS) – October 26-30, 2016 – will showcase nearly every major auto brand and give consumers an idea of what the automotive market has in store for the next decade.
Import tax on auto spare parts and components may be down to zero % next year, two years before schedule in 2018, under the ASEAN Free Trade Agreement (FTA).
(VOV) - Consumers the world over have historically closely associated agricultural products with the territory of the particular country, region, or locality from which they were grown or raised.
(VOV) - Officials of the Hau River Farm in Can Tho Province recently revealed they reached a deal with Japanese farmers to ship about 220,000 metric tons of straw annually for use in cow feed.