With great advantages being held by foreign banks, Vietnamese banks find it difficult to compete.
Transporting goods to supermarkets is an arduous journey for manufacturing enterprises, especially small and medium ones.
Constant rises in land rents at industrial parks (IPs) lessen the chance for Vietnamese enterprises to build new factories or relocate their production facilities.
The retailer community last week was stirred up by the news that a Vietnamese enterprise had acquired a famous foreign retail brand just after one month of negotiations.
Forty Vietnamese enterprises will join a business trip to explore export opportunities in the Chinese cities of Nanning and Kunming from June 10-13, the Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade has announced.
Vietnamese businesses have been warned of being taken over by foreign conglomerates.
The productivity and competitiveness of Vietnamese enterprises remain low, according to a report on the manufacturing and processing industries which was publicized on April 26 by the Vietnam Academy of Social Sciences (VASS), the Ministry of Planning and Investment (MPI) and the UN Development Programme (UNDP).
Leaders of Amazon Global Selling will lecture Vietnamese enterprises on how to reach over 300 million users of the world’s largest online retailer, according to Vietnam’s Ministry of Industry and Trade.
The Asia-Africa Market Department under the Ministry of Industry and Trade (MoIT) has made some recommendations for Vietnamese enterprises when exporting watermelons to China.
In order to approach choosy markets more easily, Vietnamese enterprises have entered foreign markets by merger and acquisition methods, buying factories or stakes of foreign firms in their countries.
Vietnamese enterprises should devote effort, time and money for quality improvement and marketing if they want their products seen and sold on foreign supermarket shelves.
Exports to China have surged in recent years, with the trend forecast to continue, so Vietnamese enterprises have been urged to keep tabs on the huge market.
Analysts estimate that foreign invested enterprises (FIEs) now hold 80% of the animal feed market share, while Vietnamese enterprises only have 20%.
Vietnamese enterprises, especially small- and medium-sized ones, should develop their brands to increase their competitiveness amid the process of integration, a seminar heard in Ho Chi Minh City on October 31.
A workshop to promote trade and economic cooperation, especially in information and communications technology (ICT), between Israeli and Vietnamese enterprises was held in Hanoi on October 11.
Besides traditional markets such as the US, EU and Japan, Vietnamese enterprises should make inroads into the Middle East market, according to experts.
A robot called DX2 was introduced to more than 30 Vietnamese enterprises a few months ago at the “Future of Manufacturing - Infusing Digital Technologies into Factories” gathering in Ho Chi Minh City, where it showcased its distinctive functions, especially talking and interacting with people.
The trade dispute between the US and China, two of Vietnam’s top trading partners, could leave both positive and negative impacts on the country, as well as other Southeast Asian nations, business insiders and experts forewarned.
The Republic of Korea’s largest convenient store chain, GS Retail, opened its first store, GS25 Vietnam, in Ho Chi Minh City in January this year, after shaking hands with SonKim, a leading retailer of lingerie and underwear in Vietnam, to launch a joint venture franchise in the country.
Deputy Prime Minister Trinh Dinh Dung called on businesses from the UK to make investment in Vietnam during a reception for Lord James Mayer Sassoon, Executive Director of Jardine Matheson Holdings Limited, in Hanoi on January 17.