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What is the future for Vietnam’s retail industry?

VietNamNet Bridge - The Vietnamese retail market is undergoing a restructuring with new trends expected in the next three years, especially changes in investors’ strategies.

VN cashew industry suffers from weakness

Vietnam is expected to remain the world’s No. 1 cashew nut exporter in 2018 with a global market share of 65%, but local cashew enterprises have operated inefficiently, facing numerous problems.

Vietnamese logistics industry short of personnel

 Despite its huge potential and forecasted annual growth rate of 12 per cent, as well as import-export turnover reaching $623 billion by 2020, the Vietnamese logistics industry is facing difficulties in enlisting personnel.

Retail investors feel headaches finding a suitable investment channel

As diverse investment methods co-exist in the market today, retail investors might be confused in choosing a suitable “basket” to put their “eggs” in with a view to raising their assets effectively.

Burial plots offered for sale

 There is a new segment in the property market in and around HCM City: burial grounds.

Premium product market in VN set to take off

 Mollis organic towels of Phong Phu Corporation have received “very good response” in the market after being launched last year, a sign that premium products are becoming more popular in Viet Nam.

Tay Ninh to lease 1,544ha of forest environment for eco-tourism

  The People’s Committee of Tay Ninh Province has agreed to lease a special-purpose forest environment in sub-zone 66 in Thanh Tan Commune’s Nui Ba Historical-Cultural Park (Ba Den Mountain) to develop eco-tourism.

SHB Da Nang to test former Argentinian footballer

 SHB Da Nang will test former footballer of Argentina Nicolás Alejandro Dul del Río to enhance their force for the second leg of the V.League 1.

Hanoi to inspect resettlement apartments

 The construction ministry has asked the Hanoi People’s Committee to inspect resettlement apartment housing projects.

PM issues national plan to eradicate hunger in VN

 Prime Minister Nguyen Xuan Phuc has issued a National Action Programme on Zero Hunger, aiming to ensure enough food and nutrition for all citizens.

Ethnic architect wins top prize at Craft & Design Challenge 2017

 Vi Thi Thu Trang, a Thai ethnic architect, has won the first prize at the Craft and Design Challenge 2017. The prize has been awarded by the British Council at the exhibition Crafting Future at the Hanoi Old Quarter Culture Exchange Centre.

Cocobay Da Nang to bring Asia biggest music festival to Vietnam

The most anticipated music event of this year - Cocofest music event in Vietnam is going to cost Empire corporation over $4.3 million. This music festival aims to promote Vietnam’s image to the world.

WB: Vietnam’s economy improves further

 Vietnam’s economy is forecast to continue improving, with (GDP) to expand by 6.8 percent this year, said the World Bank (WB) in its latest economic update for Vietnam.

Sixth GEF Assembly to take place in Da Nang

 The sixth Assembly of the Global Environment Facility and related meetings will take place in the central city of Da Nang from June 23-29, said the Office of the Vietnamese Ministry of Natural Resources and Environment. 

Domestically-assembled cars overwhelm imported vehicles

 More than 23,000 automobiles were sold in the domestic market in May, up 9 percent against the previous month.

VN crocodile farmers warned of possible oversupply

 Farmers in the southern province of Dong Nai have been warned not to raise crocodile supplies despite a recent hike in selling prices. They are recommended to map out raising and selling plans carefully before investing in the trade to avoid losses.

Rural residents use baskets to reduce plastic waste

 To reduce the use of plastic bags in daily life, people in rural areas across the country have been encouraged to use baskets when going shopping.

VN seafood processing firms lack materials

Seafood processing companies are lacking materials for production, forcing some of them to import materials to meet orders. 

Guitarist of band ‘The Police’ to perform in Hanoi

 The original lead guitarist for the chart-topping British rock band 'The Police', Henry Padovani, will perform in Hanoi for five nights this week.

Social News 18/6

 Meeting marks World Day to Combat Desertification, Fourth International Day of Yoga observed in Hanoi, Vietnam-France cooperation in health proved fruitful, Khmer-Vietnamese Association becomes part of Cambodia’s ministry