Analysts believe the petroleum distribution market will see a breakthrough after the conclusion of IPOs for PV Oil and Binh Son Refinery (BSR).
The price of tra fish in the Cuu Long (Mekong) Delta has risen to its highest price over the last 20 years, leading to high profits for local farmers.
The price of bio-fuel E5 was kept unchanged while those of diesel 0.05S and kerosene increased slightly by VND360 and VND495 per litre respectively in the latest regular adjustment of petrol and oil prices on January 4.
VOV.VN - Almost a year ago, Vietnam’s cashew nut exports were forecast to continue to grow and surpass the US$3 billion mark for the first time in 2017. In fact, exports set a new record of US$3.52 billion from 353,000 tonnes to the end of 2017.
Ho Chi Minh City's Department of Agriculture and Rural Development plans to set up 10 safe farm produce markets that will open every weekend to bring together producers and buyers of clean agricultural products.
Vietnam once put high hopes on automobile joint ventures, believing that foreign technologies would help develop the automobile industry. However, it now believes that it would be better not to rely on outsiders.
The Vietnam National Petroleum Corporation (Petrolimex) officially started selling diesel oil with Euro 5 standard and Euro 4-standard RON95 petrol nationwide from January 1, 2018.
VinEco, the agriculture arm of VinGroup, expects to expand its distribution network three times to more than 3,500 supermarkets and convenient stores in 2018, said Nguyen Thi Nguyet from VinEco.
The modern retail model is one of the best ways to approach the Vietnamese consumer goods market, with its young population, rising income, and shifting consumption habits, from traditional stores to shopping malls.
Car dealers and buyers are ‘holding their breath’ before January 1, 2018, when car prices are expected to see big fluctuations.
Hotels not only have to compete in the food & beverage sector, a major source of revenue, but also in the restaurant chain and food court market.
VOV.VN - The yearly spend of each Vietnamese person on pharmaceuticals is US$56 and the figure will continue to rise to US$85 by 2020 and then US$163 over the next five years, according to the Assessment Report Vietnam Joint Stock Company (Vietnam Report).
The insurance market has maintained a high growth rate of 21.2 per cent in 2017, gaining revenue of VND105.61 trillion (US$ 4.65 billion), a senior finance ministry official has said.
Vietnam needs to develop a supply chain for clean and safe farm produce, an important step to increase sales, prevent price slumps and promote safe agricultural production, experts say.
Ho Chi Minh City is becoming very popular with property developers thanks to the many infrastructure works planned for the area.
More firms in Vietnam are turning to bonds for funding, but experts believe that the Vietnamese corporate bond market has a long way to go before it can attract foreign investors.
Bitcoin, one of the most talked-about phenomena in the financial services sector, has been ceaselessly brought into the limelight due to its ambiguity regarding the face value as well as the potential legal and regulatory risks challenging Bitcoin “whales.”
VOV.VN - The festive season atmosphere is particularly exciting in Hang Luoc, Hang Ma, and Luong Van Can, the main streets selling deco items in Hanoi. With their beautiful design and reasonable prices, Vietnamese products are dominating the Christmas market.
Domestic and foreign scientists joined business owners at a workshop in the central province of Thua Thien-Hue on December 21 to seek markets for scientific research products, especially biotechnological ones.
The Vietnamese “street food” shop market with products such as steamed rice, banh mi (Vietnam sandwich), pho (noodle soup), banh xeo (Vietnamese crepe) and bun bo (beef noodle soup) is valued at VND47 trillion.
Experts are sanguine about the health of the stock market in 2018 even as they acknowledge likely risks and imbalances.
A lucrative beer market with expected high growth rates is the driving force for foreign investors to acquire a stake in Sabeco, the largest Vietnamese brewer.
Two foreign bank names are in the list of top 10 taxpayers – HSBC and Shinhan Bank Vietnam. And both have strong retail banking divisions.
Vietnam has many opportunities to export commodities, particularly in agricultural products and food, to Africa and the Middle East, heard a conference held by the Ministry of Industry and Trade in Ho Chi Minh City on December 19.
VOV.VN - Vietnam International Fashion Fair (VIFF) 2017 is set to take place at the International Centre of Exhibition, 91 Tran Hung Dao, Hanoi from December 22-26.
Mai Linh group, a well known taxi firm, has officially joined the app-based motorbike taxi market with its Mai Linh Bike service provided in HCM City, Hanoi and Da Nang, after one month of trial.
With hefty experience in distribution and retail, Mobile World, FPT Retail, Digiworld, and Nguyen Kim have been entering pharmaceutical retail, but who will seize control?
The Vietnam National Petroleum Corporation (Petrolimex) will be the first to distribute diesel oil with Euro 5 standard in the Vietnamese market from January 1, 2018.
A deal to produce Wagyu beef under Japan’s technology was signed between the Huy Long An company of the Mekong Delta province of Long An and the Sawai Ranch of Japan on December 17.
The Vietnam National Petroleum Corporation (Petrolimex) and PetroVietnam Oil Corporation (PVOil) on December 15 officially supplied E5 RON92 bio-fuel for sale nationwide to replace RON 92 petrol, 15 days before a Government deadline.