local market

Update news local market

Green cosmetic products storm local market

Many kinds of local green cosmetics brands have been introduced recently, meeting women’s needs for beauty care in HCM City.

Vietnam motorcycle market ranks 4th in world

Vietnam maintained its position as the world’s 4th largest motorcycle market despite a double-digit drop in June sale, according to motorcyclesdata.com website.

Foreign investors eye local market

 VietNamNet Bridge – Several foreign businesses are attentive to recent developments and want to shift their investments into Viet Nam as they see big opportunities of big Trans-Pacific Partnership (TPP) and Free Trade Agreements

Exploring food culture in the northwest

While heat waves are making life miserable in the country’s south, it is cool in the northwestern upland where temperatures range from 20 to 28 degrees Celsius, so it is a great hideaway for those wanting to escape the hot summer.

ASEAN investment pours into local market

VietNamNet Bridge – Viet Nam continued to attract further investment from ASEAN countries this year, according to the Ministry of Planning and Investment's Foreign Investment Agency.  

Japan gastronomy in town

 VietNamNet Bridge – International food chains are penetrating the local market in droves, especially fast-food restaurants that can be conspicuously spotted on the major streets in HCMC.

PM urges changes in agriculture

 VietNamNet Bridge – Prime Minister Nguyen Tan Dung has approved a plan to purchase one million tonnes of rice in reserve beginning March 15 in an effort to maintain paddy prices in the local market and help prevent Mekong farmers

TV advertising still dominates local market

 VietNamNet Bridge – The Vietnamese advertising market grew strongly in 2013, with television channels still dominating the market, although they are competing with one another fiercely to lure customers,

Many foreign big guys to be present in Vietnam in 2014

Following the “fellow-countrymen,” McDonald’s will surely turn up in Vietnam in February 2014. Other well-known foreign brands, including  Anheuser-Busch InBev and Dairy Queen will also arrive.

VPM files legal action over copyright license tax bill

 VietNamNet Bridge – Tobacco producer Vinataba-Philip Morris has begun legal action against Can Tho Department of Customs after disputing a tax assessment on imports related to licensing rights.

Restoring order in shrimp material export: An urgent need

 VietNamNet Bridge – Massive Chinese buy-ups of pre-processed shrimp for export and processing at home have left the processing and export market in disarray.

Domestic detergent manufacturers still await their opportunities

 VietNamNet Bridge – Vietnamese detergent manufacturers have been courageously struggling with foreign ones to regain the home market. However, they have not succeeded.

Smuggled gold sneaking onto local market

VietNamNet Bridge – More smuggled gold has been launched onto the local market due to the widening gap between local and global gold prices in recent times,

Smartphones overwhelm local market

 VietNamNet Bridge – The number of smartphones in Vietnam had reached the highest level so far in the third quarter of this year, with considerable market shares belonging to local companies, market research company IDC Vietnam reports.