consumer goods

Update news consumer goods

Although gasoline prices have dropped sharply, many products have merely decreased slightly or kept their old prices.

Vietnam-Japan online trade exchange conference to be held on June 30

An online trade exchange conference on consumer goods between Vietnam and Japan will be held by the Ministry of Industry and Trade on June 30 to help domestic producers gain broader access to the Japanese market.

Vietnam offers tremendous investment opportunities: VinaCapital

Consumer goods, health care, energy, construction materials, infrastructure, and technology are among the sectors with enormous potential for investment in Vietnam once the COVID-19 pandemic subsides, an expert has said.

Pandemic has no impact on plastic firm

The global spread of COVID-19 has had an insignificant impact on An Phat Bioplastics JSC’s performance in the first three months, shareholders were told on March 25.

Consumer goods abundant, prices stable in Hanoi, HCM City

Supermarkets in HCM City have worked with suppliers to ensure there is sufficient supply of goods at steady prices for the next two to three months, diminishing public fear of shortages.

Vingroup’s retail, agriculture units merge with Masan

Vietnamese conglomerate Vingroup said on December 3 it has entered into a share swap agreement to merge its retail and agriculture arms with Masan Consumer Holdings, to create the country’s biggest retail company.

Giants change business strategies

The Gioi Di Dong, the largest mobile phone distribution chain, collects nearly VND1 trillion from selling kitchenware, while Vietjet, the second largest in aviation market share, is growing rapidly from selling rice and sandwiches.

Retail, consumer goods, and real estate will lead 2018 M&A market

 Retail, consumer goods, and real estate are forecasted to lead the Vietnamese mergers and acquisitions (M&A) market in 2018. In addition, the value of the M&A market is forecast to stay above $6 billion.

Ice cream market still hotly competitive, at least for five more years

VietNamNet Bridge - More and more players have joined the ice cream market recently. 

Strong growth in labour demand and supply in first quarter

 VietNamNet Bridge – Recruitment demand for mid- and senior-level staff rose by 73 per cent in the first quarter compared to the same period last year, 

Thai consumer goods challenging Vietnamese manufacturers

VietNamNet Bridge - Priced at slightly above the selling prices of Chinese goods and better in quality, Thai consumer products have dislodged Chinese goods out of Vietnam and competed fiercely with Vietnamese products.

Rising taste of middle class lures foreign investment

 VietNamNet Bridge – Vietnam’s great potential in its mounting middle income class has become a target for future merger and acquisition deals.

Vietnamese spend too much money on consumer goods, says NA deputy

VietNamNet Bridge - Vietnamese, the citizens of a low-average income country as listed by the World Bank, are known in the world as spendthrifts, a National Assembly deputy has said.

Big tycoons spread their wings in essential-goods market

VietNamNet Bridge – Businesses have been mobilizing capital from all possible sources to pour into essential goods manufacturing projects and existing manufacturers have been scaling up their business.

Over 300 M&A deals made in 2014

VietNamNet Bridge – The Vietnamese M&A market heated up again in 2014 after a chilly 2013 with a higher number of deals completed and higher transaction value.

Thai billionaire to acquire Vietnamese beer, milk manufacturers

Thailand billionaire Charoen Sirivadhanabhakdi, who recently bought Metro Cash & Carry, a German distributor in Vietnam, is moving ahead with a plan to buy Sabeco, a brewery, and Vinamilk, a dairy producer.

Masan plans $77m share buyback

 VietNamNet Bridge – Masan Consumer Holding, the consumer goods arm of Masan Group (MSN), plans to spend VND1.62 trillion to buy back 18 million shares of the company by the end of this year.

Pharma, consumer goods firms offer highest salary rises

VietNamNet Bridge – Pharmaceutical, consumer goods and chemicals have become the top industries in terms of wage increases in Vietnam this year,

Takeovers cause big changes in consumer goods markets

 VietNamNet Bridge – Large corporations have been silently pouring their money into other business fields after they can get a firm foothold in their core fields.

Foreign investors keep pouring money into consumer goods sector

Despite the economic recession and the gloomy stock market, the shares of consumer goods enterprises have always been attractive in the eyes of foreign investors.