The internet and smartphones are having a profound impact on consumers in many areas and offering manufacturers and retailers the opportunity to promote their products, a seminar heard in HCM City yesterday

The Ministry of Industry and Trade has proposed an increase in Chinese electricity imports to ease the domestic power shortage.

Ministry asked to speed up public investment disbursement

The Ministry of Construction has told the local construction departments to force property traders and exchanges to report cash transactions of VND300 million or more. 

The seafood industry must envision a long-term strategy to make full use of new trade pacts and prepare for problems that might arise when they take effect, Truong Dinh Hoe, VASEP general secretary, said.

The Japan Bank for International Cooperation (JBIC) is interested in investment plans for energy projects of the Vietnam Electricity (EVN) and Vietnam Oil and Gas Group (PVN).

Foreign direct investment (FDI), especially in southern provinces, is expected to increase sharply with a number of billion-dollar projects in the pipeline, according to the Foreign Investment Agency (FIA).

Vietnam made over US$122.5 billion in export revenue in the first six months of 2019, up 7.2%, or US$8.21 billion, year-on-year, according to the latest statistics from the General Department of Vietnam Customs.

The Vietnam Directorate of Market Surveillance is investigating sites suspected of selling fake, counterfeit and imitation products in HCMC and has already seized over 1,830 items at Ben Thanh Market and Saigon Square Shopping Center.

Many localities in the country have refused textile and dyeing projects due to fears of environmental pollution, said Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association (VITAS).

Sendo, for the first time, was listed as one of the four most visited ecommerce platforms in the second quarter of 2019, according to data from iPrice Insights’ map of ecommerce.

The State Capital Investment Corporation (SCIC) successfully sold capital in 999 enterprises as of June 30, said Deputy General Director Le Song Lai during a conference on July 17.

Vietnam is facing an urgent need to build brands for its tra fish, a big foreign currency earner, amidst numerous challenges facing the industry.

Given the varying criteria and rules on origins, it is possible that local electronics producer Asanzo Vietnam had legally identified its products as “Made in Vietnam,” said lawyer Tran Ngoc Trung from law firm Baker & Mckenzie Vietnam.

Scores of commercial banks post handsome profits

The Ministry of Construction plans to start releasing quarterly reports on the domestic real estate market to increase transparency, Minister of Construction Pham Hong Ha said at a recent ministry meeting.

Dragon fruit prices from Binh Thuan enjoy steep rise

Hanoi expects to meet housing targets for 2020 required in the context of high urbanization rate.

Foreign investors remained net buyer in the January – June period with total amount of 201 million shares worth VND10.1 trillion (US$435.05 million).

Prime Minister Nguyen Xuan Phuc has tasked the Ministry of Industry and Trade with reviewing media reports that many solar farms are operating below capacity due to the national grid overload.