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domestic market
Update news domestic market
VietNamNet Bridge – With a population of more than 90 million, Vietnam is a potential market for domestic tours, reported the Vietnam Economic News, adding that the domestic market will be extremely lucrative if businesses know how to connect
Preparing for retail competition
VietNamNet Bridge – The domestic market is on the threshold of
international integration and faces opportunities and challenges, Ha Noi
Supermarket Association President Vu Vinh Phu, told Hai quan (Customs)
newspaper.
No 4G for domestic market until next year
VietNamNet Bridge – The Ministry of Information and Communications
will hold an auction to award 4G licenses next year, meaning domestic
customers have to wait till 2015 to use the service
No need for stimulus package, but farmers could use support
VietNamNet Bridge – The Government should offer farmers a support
package, deputy director of the National Centre for Socio-economic
Information and Forecasting Ta Dinh Xuyen told Nong thon Ngay nay
(Countryside Today).
Vietnam Airlines’ value set to be announced
VietNamNet Bridge – Vietnam Airlines will complete its corporate
valuation for submission to the Ministry of Transport late this week.
Motorbike market starts to run flat
VietNamNet Bridge – Viet Nam's motorbike industry could fail to
become a major manufacturer in the region by 2015 due to sluggish demand
in the domestic market and a gloomy export forecast.
2014 – a difficult year for businesses
VietNamNet Bridge – Vietnamese businesses should reengineer and
streamline their operations in 2014 to maximize efficiencies said
President of Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien
Loc.
VN technology firms cash in chips
VietNamNet Bridge – Global technology giants such as Microsoft, Intel
and Qualcomm have historically hosted representative offices in Viet
Nam to boost sales, but their relationship with domestic enterprises has
recently deepened.
Korean tourists beyond reach of local firms
VietNamNet Bridge – More and more South Korean tourists are coming to
the country but local tour operators have been struggling to serve them
as most Koreans are inclined to buy services from their fellow
countrymen’s establishments.
Hue specialties to come on foreign markets
VietNamNet Bridge – Thua Thien-Hue Province has a plan afoot to bring Hue specialties to foreign markets.
High inventories hurt local companies
VietNamNet Bridge – Businesses are struggling to sell products in the
second-half of the year despite reports of decreasing inventories.
Fashion brands face danger on home market
VietNamNet Bridge – As committed under the bilateral and multilateral
free trade agreements, Vietnam would have to remove the import tariffs
on consumer goods, including fashion products.
Coca-Cola and Pepsi slash selling prices to knock down domestic rivals
Coca Cola and Pepsi are dominating the fizzy soft drink market, while
Tan Hiep Phat controls the still drink market, thus creating a balance
in the playing field.
Art profiteers brushing away VN reputation
VietNamNet Bridge – It's the age old problem for collectors in
Vietnamese art. US-based businessman Duong Quang Chan wanted to buy
several high-end paintings,
The three big guys who failed to conquer the Vietnamese beer market
It’s still too early to say Aneuser-Busch Inbev (AB Inbev)
would be a big threat to the existing brewery manufacturers in Vietnam. Three
big guys in the field once had to leave the Vietnamese market.
7-percent inflation predicted for 2013
VietNamNet Bridge – The National Financial Supervision Committee has
forecast that Vietnam’s inflation rate in 2013 will be controlled at
less than 7 percent.
Rice export floor prices ignored by firms
Although the Vietnam Food Association has
repeatedly regulated floor prices for export rice to prevent a price
slide and protect the domestic market, this policy is ignored by many
food traders.
HCM City studios vie for holiday patrons
VietNamNet Bridge – Private film producers in HCM City are working hard to release new productions for the festive season during Tet (Lunar New Year), creating a stiff competition in domestic market.
