Vietnam is current the top exporter of wood and furniture in Southeast Asia, the second biggest in Asia and the fifth in the world, according to the General Department of Vietnam Customs.
Vietnamese authorities are set to further investigate the merger between Grab and Uber last year for possible violation of antitrust regulations.
Total retail sales of goods and consumer services in 2018 increased by 12.2% compared to 2017. In fact, the Vietnamese retail market is on the rise with great attraction for foreign businesses.
Moody’s Investors Service has assigned first-time Ba3 deposit and issuer ratings to Vietnam Bank for Agriculture and Rural Development (Agribank).
With increasingly high demand, experts some years ago predicted that the organic food market would see a boom, but farmers have been reluctant to shift from traditional to organic production.
Ride-hailing firm Grab has asserted that it did not breach Vietnam’s competition laws, contesting authorities’ definitions and interpretations.
Hoa Phat Group, a leading steel maker in Vietnam, expects its steel output will rise to 3.5-4 million tonnes in 2019, a year-on-year rise of 33%, when part of its US$3-billion Hoa Phat Dung Quat steel complex becomes operational in the central province of Quang Ngai.
Sabeco, the biggest Vietnamese brewer, has fallen into Thai hands, while Carlsberg is stepping up the process to become a controlling stakeholder in Habeco.
Vietnam ranked top in the Southeast Asia and third in Asia in terms of beer volume consumed in 2017, only behind Japan and China, proving to be a promising land for both local and foreign brewers, Zing News reported.
Analysts estimate that foreign invested enterprises (FIEs) now hold 80% of the animal feed market share, while Vietnamese enterprises only have 20%.
VOV.VN - Since Vietnam joined the ASEAN Economic Community (AEC), it has promoted its role and sought opportunities to penetrate ASEAN markets.
Beer maker Sabeco has reported after tax profits of US$149 million in Jan-Sept 2018, down 6% year-on-year.
The first flight of the national-flag carrier Vietnam Airlines from the central city of Da Nang to Japan’s Osaka city was launched on October 28
The nation’s first ride hailing app, FastGo, is set to hit the road in Indonesia and Myanmar later this year.
Vietnam’s textile and garment industry is doing well abroad, but struggling at home, according experts.
The first container of the 2018 Vietnamese lychee crop arrived in Malaysia on July 2 and was warmly welcomed by consumers.
With well-known brands Big C, MM Mega Market, Robins, Nguyen Kim, B’s Mart, Lan Chi Mart and C-Express, Thai investors have a range of modern retail types in Vietnam, from shopping malls and supermarkets to home appliance centers and convenience stores.
PetroVietnam Ca Mau Fertiliser Company Limited (PVCFC)’s total output hit 5 million tonnes of urea on May 24, after seven years of operation.
The Petrolimex Aviation Fuel JSC will ensure the fuel supply at all 26 airports in Vietnam under its five-year development strategy.
Steelmaker Hoa Phat Group targets revenue of VND55 trillion (around US$2.42 billion) and after-tax profit of VND8.05 trillion (US$354.6 million) in 2018.