Domestic paint manufacturers believe they are capable of keeping up with their foreign counterparts in what has become a fiercely competitive market, according to independent market watchdogs.
(VOV) -Driven by record high growth rates ranging from 20-25% over recent years, Thai Siam Cement Group (SCG) is positioning itself to take over the Vietnam plastics industry, say leading industry analysts.
Tech firm Bkav is seeking new markets for its smartphone,Bphone, after joining meetings with foreign distributors at a recent global summit on mobile telecommunications in Hong Kong, according to Vietnamese media.
The modernisation of Vietnam's railway system is projected to cost about US$5.1 billion, experts said during an event on detailed plans to upgrade the 1,726 km stretch of the North-South railway from Hanoi to HCM City.
(VOV) -A decline in the currency of Brazil, the world’s largest coffee exporter, has made it more attractive for Brazilian farmers to sell their beans than to stockpile them, resulting in a glut in the market and tumbling sales prices.
Vietnam’s domestic private ese Nova Group, which has been operating for 23 years in the agriculture and real estate sectors, now targets a growing share in the highly competitive market of children’s powdered milk.
Several taxi companies in northern Vietnam are rushing to create their own mobile apps for cab hailing for fear of losing their market share to foreign services Uber and GrabTaxi, news website VnExpress has recently reported.
The domestic market, with a population of 90 million people, presents a great opportunity for seafood producers to increase the sales of their products due to rising demand, experts said.
With a Russian company recently revealing its plan to establish an airline in Vietnam, Vietnamese tourism firms will have to “fight against giants” to keep their market share, an industry insider said.
The Republic of Korea (RoK) has been considered one of the most potential export markets for Vietnam’s aquatic products, especially after the two countries sign a free trade agreement in May.
Vietnam splashed out US$1.73 billion on livestock feed and material imports in the first two quarters of the year, a year-on-year increase of 7.8%, according to Ministry of Agriculture and Rural Development (MARD).
The Viet Uc Group, Vietnam’s leading juvenile shrimp supplier, is looking to receive Ca Mau province’s approval to invest in hi-tech shrimp farming in the locality.
In order to increase transparency and create a healthier business environment within the insurance sector, the Ministry of Finance has proposed that all public non-insurance companies be listed on the stock exchange.
Competition among car manufacturers is set to heat up as they scramble to compete in the freight-vehicle segment.
The mobile phone market, especially the smart phone market, will continue to witness the discounting of products as manufacturers race to introduce new products and retailers race to gain market share.
PVI Sun Life has officially launched three new insurance products designed specifically for the Vietnamese market.
(VOV) -Businesses from throughout the Asian region are seeking to expand the market share for their products and foreign direct investment (FDI) in Laos after learning about its rapid development over recent years.
A recent survey by global data firm IDC has revealed that a total of 28.7 million cell phones were sold in Vietnam last year, up 13% from the previous year.
Vietnam registered positive growth of exports to the US in the first 10 months, with country's exports to the US reached US$23.69 billion, a 21.8% year-on-year increase, the Ministry of Industry and Trade reported on November 3.
(VOV) -Leading economists have forecast pepper exports to remain at high levels this year, amounting to 150,000 tonnes in volume and raking in more than US$1 billion in total revenue.