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Ho Chi Minh City’s retail market thrives

Ho Chi Minh City’s retail market thrives

Ho Chi Minh City’s revenue from retail sales in the first half of this year is estimated at more than VND328.58 trillion (US$14.47 billion), accounting for 65.3% of the city’s total earnings from retail sales and services and up 12.9% from the same time last year.

Trade deficit widens on rising imports

Trade deficit widens on rising imports

VOV.VN - Despite a modest contraction of the Vietnam trade deficit in the five months leading up to May, the Ministry of Industry and Trade (MoIT) forecasts a wider shortfall for the full fiscal year.

Korea-Vietnam Incubator Park to open in June 2015

Korea-Vietnam Incubator Park to open in June 2015

(VOV) - The Korea-Vietnam Incubator Park (KVIP) is currently 32% complete and is slated for operations in early June 2015, announced Director of Can Tho Department of Industry and Trade, Nguyen Minh Toai at a meeting on August 8.

Vietnamese products face stiff competition

Vietnamese products face stiff competition

(VOV) - Although consumer confidence and trust in Made-in-Vietnam products is on the rise, Vietnamese businesses still face obstacles to sustainability and stiff competition from Chinese and Thai entrepreneurs, eager to encroach in the Vietnam marketplace.

Vietnam, Italy promote relations

Vietnam, Italy promote relations

(VOV) - The newly-signed Vietnam-Italy strategic partnership agreement will help boost bilateral cooperation, consolidate mutual trust and create a healthy environment for fostering the friendship between the two countries, said Italian Ambassador to Vietnam, Lorenzo Angeloni.