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Billions to modernise Vietnam's railway

Billions to modernise Vietnam's railway

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.

Brazilian currency sinks coffee exports

Brazilian currency sinks coffee exports

(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.

Vietnamese brand to compete in powdered milk market

Vietnamese brand to compete in powdered milk market

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.

Vietnam holds potential for seafood

Vietnam holds potential for seafood

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.

Opportunities to bolster seafood exports to RoK

Opportunities to bolster seafood exports to RoK

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.

Insurance firms drag their feet on way to stock listing

Insurance firms drag their feet on way to stock listing

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.

Smart phone retailers race for market share

Smart phone retailers race for market share

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.

Markets in Laos attract regional interest

Markets in Laos attract regional interest

(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.

Phone sales hit 28.7 million units

Phone sales hit 28.7 million units

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.

Vietnamese exporters expand US market share

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.

Vietnam remains world’s leading pepper exporter

Vietnam remains world’s leading pepper exporter

(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.

Rice exports hit US$2.6 billion in ten months

Rice exports hit US$2.6 billion in ten months

(VOV) - Vietnamese rice exports reached 5.68 million tonnes, earning approximately US$2.6 billion in the first ten months of this year, down 2.7% in volume and up 1.2% in value over last year’s corresponding period.

Local businesses seek way to win on home turf

Local businesses seek way to win on home turf

(VOV) -Participants at an October 3 seminar on retails and investment policies raised their concern over the domination of foreign retailers who, thanks to their advantages in capital and technology, may defeat local ones.

Rice exports hit US$2.3 bil in 9 months

Rice exports hit US$2.3 bil in 9 months

(VOV) - Vietnamese rice exports in the nine months leading up to October dipped 5.2% in volume and 1.6% in value over last year’s corresponding period to 5.02 million tonnes valued at US$2.3 billion.