The price of pork has doubled against its price during the same period last year, reaching a record high over the past few years, according to the Ministry of Agriculture and Rural Development (MARD).
Besides big freight and forwarding companies, numerous startups with technology apps have joined the fast delivery market.
Domestic dairy producers are developing their A2 milk cow herds to serve their plan to make A2 milk, starting a new race in the high-end market segment.
The Hanoi Stock Exchange (HNX) raised VND2.3 trillion (over US$98.7 million) at the latest auction of Government bonds (G-bonds) issued by the State Treasury on August 1.
The Ministry of Commerce says that various types of tropical fruit are becoming more and more popular among Russian consumers whose purchasing power is increasing.
Vietnamese brands are still dominating the domestic ice cream market, but foreign companies are following hard on their heels.
The Government will have to decide either to devalue the Vietnamese dong further against the US dollar to support exports and avoid cheaper Chinese goods to flood in the local market, or keep the USD/VND exchange rate stable to avoid increased public debt and control inflation as the US-China trade war accelerates.
The State Bank of Vietnam (SBV)’s revision of the USD selling price up to VND23,273 on July 23, a strong increase from the rate it had kept from the month’s beginning, is a move suitable with domestic and foreign markets, an SBV official said.
More than 80% of the market share for bottled tea, an industry valued at US$1.7 billion, belongs to three big players.
The motorbike market of Vietnam has recorded positive growth in recent years, despite being forecast to enter a saturation period by the Vietnam Association of Motorcycle Manufacturers (VAMM) two years ago.
VOV.VN - Despite a slight decrease in the imports of seafood in June, the value of seafood imports jumped 32.5% to US$860.67 million during the first half of this year, according to the General Department of Vietnam Customs.
The Bao Viet Group ranked first among the insurance companies in Vietnam with a revenue of more than VND9.9 trillion (nearly US$423.7 million) in the first half of 2018.
Mytel, the Viettel-owned mobile operator based in Myanmar, has signed up more than two million subscribers in just one month since officially starting operations.
Mumuso is facing a fine of VND100 million (US$4,440) by the Ministry of Industry and Trade (MoIT) due to the company’s unlawful practice of deliberately misleading consumers as to the origin of its goods or providing insufficient information.
The construction industry is experiencing good days thanks to the warming up of the real estate market.
VOV.VN - China was Vietnam’s biggest supplier of phones and components during the first six months of 2018, with a value of US$3.63 billion, a year-on-year rise of 11.8%, according to the General Department of Vietnam Customs.
While some experts warn that a real estate bubble could occur in 2019, others believe there is no need to worry.
VOV.VN - Vietnamese longans have been shipped to many countries in the world, most of them to China which consumed 98% of the total output.
Vietnam’s central bank has to engage in a delicate balancing act as the US-China trade war exerts inflationary pressures on the dong.
FrieslandCampina’s Dutch Lady brand has been voted among the Top 10 Vietnamese Brands this year in a poll conducted by the Vietnam Intellectual Property Association.