vietnam business news

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US remains Vietnam’s largest aquatic export market

Vietnam’s aquatic exports to the US reached US$ 1.08 billion during the first nine months of the year, despite a sharp decline in export value against the same period last year, according to the General Department of Vietnam Customs.

Hanoi heads to the UK looking for investors

Hanoi will organise a five-day promotion conference on trade, investment and tourism in London this week, the municipal People's Committee has announced on its portal.

 

Authentic touch to local spice market

Spice and seasoning brand Mr. Cook’s all-out offensive to enter the northern market, as well as its innovative technology foundations are shaping up to be a powerful challenge for foreign brands like Knorr, Maggi, and Ajinomoto. 

VIETNAM BUSINESS NEWS HEADLINES OCTOBER 21

Vietnam’s wood firms should apply technologies to increase competitiveness

 

Seeking success where Amazon failed

Alibaba’s plans to enter Vietnam are ringing alarm bells across e-commerce, but unless the Chinese giant can come out with something new to surprise competition, it could not set a firm niche in Vietnam just like Amazon. 

A sharing economy for new startups

The rapid development of the IT revolution has helped startups generate a buzz in the social circle, establishing a new era of promoting globalisation in all sectors while building a new economy – the sharing economy.

VIETNAM BUSINESS NEWS HEADLINES OCTOBER 20

Vietnamese supporting industries lag far behind Thailand

 

Central kitchen model heats up in Vietnam

The increasing demand for food delivery applications has helped spread the trend of central kitchens from China, India, Japan and Indonesia to Viet Nam.

 

Vietnam, Asia's new manufacturing hub

Amidst these uncertainties, Việt Nam has emerged as a prime alternative manufacturing location in Asia.

HCM City to improve legal framework as it aims to become international financial centre

A “sound economic and legal environment” that supports an open and efficient market is needed to turn HCM City into an international financial centre, experts said on Oct 18 at a two-day international economic forum.

 

VIETNAM BUSINESS NEWS HEADLINES

Outdated database, policies hinder sharing economy development

 

Japan adopts new forms of assistance to Vietnam to suit the new situation

Of the fields of operation in Vietnam, Japan is interested in cooperation to support development not only for infrastructure systems and human resources, but also in agriculture, health care and environment. 

Uniqlo to launch first store in downtown HCM City

Japanese global apparel retailer Uniqlo has announced that its first store in Vietnam will be located on Dong Khoi Street, a high-end shopping street in HCMC’s District 1, but it refused to reveal the specific launch date.

Viettel launches 5G tests in Peru

Bitel, a brand of the Viettel Military Industry and Telecoms Group (Viettel) in Peru, has recently carried out 5G tests in the American nation on the occasion of its fifth anniversary.

Surge in foreign investment through M&As raises concern

Foreign investment pledged to Vietnam in the January-September period this year through capital contributions and stake acquisitions rocketed by 82.3% year-on-year, raising concerns over an economic crisis ten years ago making a comeback.

Vietnam makes list of top three investors in Cambodia

Foreign investment in Cambodia has increased rapidly over the past years and Vietnam is among thethree largest investors in the country.

Outdated policies deter Vietnam’s sharing economy development

It is necessary to identify, implement and build management models for sharing economy applications in the country’s major sectors such as banking and transport.

VIETNAM BUSINESS NEWS OCTOBER 18

Companies issue $7.7b worth of bonds in nine months

Amazon launches local team to support Vietnamese enterprises go global

The launch of Amazon Global Selling team in Vietnam continues to solidify its efforts in supporting the local business community, said Amazon’s Regional Director for Southeast Asia Bernard Tay.

Hundreds of fruit trucks jam northern border gate

As many as 500 container trucks loaded with thousands of tons of farm produce, mostly dragon fruit, have been stuck at the border gate of Tan Thanh in Lang Son Province since October 15.