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.