The HCM City administration has instructed relevant departments to take targeted measures to help local retailers strengthen their competitiveness and retain market share before they lose out to foreign rivals.
Japanese investors are continuing to take advantage of Vietnam’s real estate market opportunities with new projects from both new and existing developers.
Events during US President Obama’s visit to Vietnam helped promote many domestic brands.
Several steel products saw a surge in productivity in May. The bar and angle steel products showed the highest increase of 22.5%, following by rolled steel with 21%.
Vietnam’s Consumer Confidence Index (CCI) was 91 points in the second quarter of this year, six point higher than the same period last year, according to a Vietnam Taylor Nelson Sofres Company survey.
Vietnamese enterprises, especially those having trade links with Chinese counterparts, will suffer from the negative impacts of China’s move to devalue its yuan currency, said experts.
Rising demand in Vietnam’s residential segment is expected to sustain solid growth in the construction industry, though delays to accompanying infrastructure projects and tighter credit conditions could slow the pace of development.
The high price of pepper, combined with a drop in coffee prices, has pushed many farmers to switch to cultivating pepper vines.
The Vietnam Chamber of Commerce and Industry (VCCI), the Ministry of Planning and Investment and the World Bank jointly held a seminar in Hanoi on May 30 on the role of the business community as well as need of institutional reform in the Vietnam 2035 Report.
VOV.VN - Although several large multinational corporations have selected Vietnam as a location for offshore software development, the industry segment still lags in home-grown products and technological innovation, says the Vietnam Software Association (VINASA).