Vietnamese consumers spend less on FMCG

Vietnamese consumers spend less on FMCG

Vietnamese customers’ rapidly changing needs and expectations and lower spending on fast moving consumer goods (FMCG) are the biggest challenges to the sector, according to a new report released by consumer and retail research company Kantar Worldpanel.

Massive spike in imports of Japanese coal

Massive spike in imports of Japanese coal

VOV.VN - There was an increase in imports of most products from Japan during the first five months of this year, with coal skyrocketing to US$3.24 million, 134 times higher than its previous level.

Cars from Thailand zoom into Vietnam

Cars from Thailand zoom into Vietnam

The number of cars imported last month marked a 45.6% increase over May this year, according to the General Department of Vietnam Customs.

Sales of motorcycles up 6% in Q2

Sales of motorcycles up 6% in Q2

The Vietnam Association of Motorcycle Manufacturers (VAMM) has reported that its members sold 783,940 motorbikes of all kinds in the second quarter of 2018, up 6.1% against the same period last year.

Hanoi’s condo market slows in second quarter

Hanoi’s condo market slows in second quarter

The condominium market for sale showed signs of slowing down in the second quarter of this year, said Nguyen Hoai An, director of CBRE Vietnam’s Hanoi branch at a recent press conference to report on the capital city’s real estate market in the second quarter of this year.

’Green’ products popular in Vietnam

’Green’ products popular in Vietnam

Tran Minh Tien, owner of a shop in the southern province of Long An, said he sells some 10 kinds of goods made from natural and environment-friendly materials such as grasses, bamboo and coconut fibre, replacing products made from plastic.

Premium product market to take off in Vietnam

Premium product market to take off in Vietnam

Mollis organic towels of Phong Phu Corporation have received “very good response” in the market after being launched last year, a sign that premium products are becoming more popular in Vietnam.

Steel exports prove mettle with continued growth

Steel exports prove mettle with continued growth

VOV.VN - After seeing a decline in April, steel exports rebounded by 5.6% to US$251.9 million in May, bringing the total export value in the first five months of 2018 to US$1.1 billion, a year-on-year rise of 39.9%, according to the General Department of Vietnam Customs.

SSI continues its lead in brokerage market share

SSI continues its lead in brokerage market share

Saigon Securities Incorporation (SSI) remained the largest broker in Vietnam in the second quarter of 2018, accounting for 23.08% of the brokerage market share, according to the Ho Chi Minh City Stock Exchange (HoSE).

China reduces imports of Vietnam’s cassava

China reduces imports of Vietnam’s cassava

VOV.VN - Although exports of cassava and cassava products saw strong growth over the first five months of this year, exports to China dropped 25.4% to just 1.1 million tons, according to the General Department of Vietnam Customs.