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.