domestic market

Update news domestic market

Over the past two years, whilst the Covid-19 pandemic was raging over economies, coffee prices on both the derivatives market and domestic market have taken great strides.

HCMC, Mekong Delta develop formal distribution system of farm produce

Vice Chairwoman of HCMC People’s Committee Phan Thi Thang promised to bring goods from the Mekong Delta into wholesale markets and distribution systems in HCMC to support farmers and cooperatives for connection of supply and demand.

A tael of gold in Vietnam worth $500 more than world prices

Gold prices in Vietnam are much higher than international prices, driven by a supply-demand imbalance and price manipulation. A tael (37.5g) of gold in Vietnam is about US$500 more than in the rest of the world.

Vietnam capitalises on domestic market amid disrupted global supply chains

Vietnam has worked to develop the domestic market with a population of nearly 100 million people in the context that the COVID-19 pandemic has disrupted the global supply chains, said Minister of Industry and Trade Tran Tuan Anh.

Ministry of Education and Trainning develops standard for universities

The Ministry of Education and Training is to implement the Vietnam National Qualifications Framework (VQF).

Vietnamese optimism believed to help economy recover quickly

Restaurants and eateries have been crowded recently, following the social distancing period. Analysts believe this indicates a rapid recovery of the economy after the epidemic.

Tra fish industry strives to win over domestic consumers

An event took place in Hanoi on June 9 to help promote the domestic consumption of tra fish products, a major foreign currency earner that has been hit hard by impact of the COVID-19 outbreak.

Thai fruits flood domestic market despite harvesting time in Vietnam

Vietnamese farmers are harvesting mangosteen, rambutan and pineapple, but a large amount of these fruits are still being imported from Thailand.

Domestic market could be engine for Vietnamese enterprises' growth

If enterprises can exploit the domestic market well, they will be able to overcome the Covid-19 crisis, analysts say.

Travel firms resume operation, design tours for young clients

Specializing in outbound tours for young clients, IGo is now considering launching domestic tours after two months of ‘hibernation’ because of Covid-19.

Vietnam to study health standard validation before reopening to foreign tourists

With the Covid-19 pandemic under control in Vietnam, the country now seeks to breathe life back into its tourism industry.

Hit by Covid-19, Vietnam enterprises turn to domestic market

A market with population of nearly 100 million is more than enough for domestic firms to boost sales and expand market shares.

Golden opportunity for VN farm produce to regain home market

Because of Covid-19, the global farm produce supply chain has been interrupted because of logistics problems. Now is the right time for domestic farm produce to conquer domestic consumers’ hearts, experts say.

Many sectors will recover quickly due to high market demand: experts

Experts have said that once the COVID-19 pandemic ends, higher market demand would support many sectors in quickly resuming their business.

PM urges firms to build scenarios to prevent operation disruption

Prime Minister Nguyen Xuan Phuc has urges firms to prepare scenarios to ensure they can continue operation in any circumstances.

Vietnamese firms face high risks from US-China trade war

Vietnam, with its highly open economy, is facing many risks from the US-China trade war which has not shown any sign of easing, experts said at a workshop in HCM City on June 25 on the impacts of the trade war.

Vietnamese sits on domestic gold mine, but cannot exploit it: experts

Vietnam’s 90 million-consumer market is a ‘gold mine’ in the eyes of foreign producers, but local companies are ignoring it, experts say.

Local brands ignore the domestic market, focus on exports

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.