domestic market

Update news domestic market

VietNamNet Bridge - While foreign enterprises flock to Vietnam as they see it as an attractive market, Vietnamese manufacturers are focusing on selling their products abroad. 

Book of those born in Year of Renewal marked best-seller

The book 1987, containing stories of those born in 1987 — the first year after the initiation of the country’s famous Doi Moi policy — has become a best-seller, with 10,000 copies selling out only three months after its release.

Vietnamese consumption habits hinder progress of local companies

VietNamNet Bridge - After many years of exporting products and becoming well-known in the world market, Vietnamese manufacturers are considering exploiting the domestic market. But the road has been bumpy. 

Thai products popular in domestic market

 VietNamNet Bridge – Vietnamese products are facing fierce competition from Thailand imports in the local market as Thai companies increasingly expand their presence in the country.

Bamboo bicycles create industry buzz

 VietNamNet Bridge – Pham Minh Tri, an engineer, has built dozens of elegant bicycles from bamboo. He plans to export the products to Australia, Germany and Hong Kong.

Home-made liquor claims dozens of lives in Vietnam each year

 VietNamNet Bridge – Vietnamese drink 640 million litres of home brew each year, and the practice is spreading, the Viet Nam Association for Anti-Counterfeiting and Trademark Protection, VATAP, has reported.

Vietnamese try to conquer foreign markets, leave domestic market to foreigners

VietNamNet Bridge - Vietnamese cannot manufacture products at low costs in Vietnam but can do so in foreign countries.

Chinese telephones, parts crowd domestic market

 VietNamNet Bridge – Telephones and components imported from China made up for 70 per cent of the nation's total import turnover of these products in the first four months of this year, reported the General Department of Viet Nam Customs.

Dragon fruit prices continue to decline

Dragon fruit (Thanh long) growers in the southern Ninh Thuan province are worried about the continuous fall in prices, although the main harvest will arrive only next month.

Foreign goods find it easy to penetrate Vietnamese market

VietNamNet Bridge – While Vietnamese businesses have to struggle to bring their products to the world market, foreign goods do not encounter the same obstacles when entering Vietnam.

Vietnam companies face fierce regional competition

 VietNamNet Bridge – Vietnamese businesses could face losses in the domestic market as the country opens to the ASEAN member imports later this year in compliance with the ASEAN Trade in Goods Agreement,

Tablet/laptop hybrids to be dominant in Vietnam in 2015

VietNamNet Bridge – Tablet/laptop hybrids are expected to become more popular in Vietnam in 2015.

Local fertiliser firms concerned about international competition

VietNamNet Bridge – Viet Nam National Chemicals Group's deputy director Bui The Chuyen told Nong thon ngay nay newspaper about how a new value-added tax on fertiliser could hurt farmers and local firms.

Game industry set to take off in 2015

Along with the worldwide success of Flappy Bird, a 100 percent Vietnamese-created game, and new policies set up by watchdog agencies in 2014, the industry is set to develop strongly in 2015.

Supply chain the new battleground

 VietNamNet Bridge – Vietnamese farmers need support to create product value chains, Nguyen Do Anh Tuan, director of the Centre for Agriculture Policy tells the newspaper Cong Thuong

Petrol market prepares for the world

 VietNamNet Bridge – The domestic petroleum market is expected to become more competitive and closer to world standard following the issuance of Decree 83.

HCM City launches seeds centre

VietNamNet Bridge – The Southern Seed Corporation has put into operation a Vegetable and Flower Seeds Centre in HCM City's Cu Chi District with a total investment cost of VND30 billion (US$1.4 million).

Steel makers face difficulties in domestic market

 VietNamNet Bridge – The steel industry is concerned about slow consumption in the domestic market despite a year-on-year rise of 7.22 percent in steel sales in July to over 423,600 tonnes.

Local firm launches non-alcoholic beer

 VietNamNet Bridge – Saigon Binh Tay Beer Joint Stock Company has introduced Sagota-brand non-alcoholic beer on the domestic market to meet the demand of those wanting to drink beer without getting drunk.

Wood businesses losing on home turf

 VietNamNet Bridge – Vietnam is the sixth largest wood and wooden product exporter in the world and the second largest in Asia, yet the domestic wood processing sector is injured by low-priced, skillfully crafted imports.