Vietnamese market

Update news Vietnamese market

A beauty centre ran by the famous Korean brand ID is poised to open a new premise in Hanoi in the area close to Hoan Kiem lake during the second quarter of the year, according to the Economic Times of AJU.

Japanese firms increase investments in advanced tech in Vietnam

Japanese investment in Vietnam has strongly developed in both quality and quantity as investors are applying the most advanced technologies in production, experts have said.

Start-ups must ‘go global’, says Grab’s Vietnam chief

Overcoming human resources problems, understanding local cultures and finding reliable partners are needed for Vietnamese start-ups to “go global,” the CEO of Grab Financial Group Vietnam Nguyen Tuan Anh has said.

SCG announces nine-month revenue milestone of $1 billion in Vietnamese market

SCG, a Thai-owned Southeast Asian conglomerate, reported a turnover of approximately US$1 billion in the Vietnamese market in the first nine months of this year, a slight decrease from the same period last year.

 

How Vietnamese consumers are changing diet?

Vietnamese consumers are shifting towards healthier lifestyles which include eating and drinking habits.

Vietnam – first choice of many industrial sectors: Forbes

For many industries, Vietnam has become their first choice in this manufacturing diaspora, said an article on Forbes recently.

Amazon establishes subsidiary in Vietnam

Amazon has established a subsidiary in Vietnam, Head of Amazon Global Selling Vietnam Tran Xuan Thuy told media at the Vietnam Online Marketing Forum on August 14.

Retailers struggle to survive in Vietnamese market

For a long time, Vietnam has been considered as a potential retail market thanks to crowded population and strong purchasing power but not every retailer is able to succeed in doing business here.

Why foreign retailers withdraw from Vietnam?

Capital withdrawals of foreign retailers in Vietnam have fielded a number of queries on whether the firms had sustained losses or if the local business climate lacked enough incentives.

Online ad rate in Vietnam lowest in the world

VietNamNet Bridge - The world’s top brands allocate modest budgets for online advertisements in Vietnam, with the CPC (cost per click) the lowest in the world.

VN needs more private firms

 VietNamNet Bridge – Chairman of the Viet Nam Chamber of Commerce and Industry Vu Tien Loc talked to Tuoi Tre (Youth) about encouraging businesses to get started as the country faces higher competition from free trade pacts.

Foreign investors tap into water solutions market

 VietNamNet Bridge – A series of foreign companies are eager to tap the promising opportunities in the water related solution market in Vietnam, which is facing water security challenges in a changing era.

New M&A growth blocked by lack of legal clarification

 VietNamNet Bridge – To replace the former laws that had previously created issues for foreign investment, especially foreign inward investment into Vietnam, together with many legislations and policies, effective as of July 1, 2015,

VN firms can succeed in huge halal food market

 VietNamNet Bridge – While Muslims are a minority in Viet Nam, the halal food industry here has great potential, Abdullah Abdulrohman, director of the Halal Viet Nam Export and Import Co Ltd, said.

Vietnam alluring for global beer players

 VietNamNet Bridge – Foreign beer producers are flocking to Viet Nam, salivating at the potential of the market, which was last year the third largest beer consumer in all of Asia.

Vietnam prepares for flood of imports

 VietNamNet Bridge – Increased competitiveness is key for the Vietnamese economy, former director of the Department Strategy Institute, Luu Bich Ho, told Hai quan (Customs) newspaper.

Rouble depreciation affects Vietnamese market

 VietNamNet Bridge – Analysts predicted that imports from Russia will increase sharply since Russia-made and Russian-sourced products have become cheaper.

More Thai and Japanese goods sold on sidewalks, in department stores

 VietNamNet Bridge - Many Thai and Japanese goods are being sold on HCM City sidewalks and along roads.

IMF worries about SOE reform

 VietNamNet Bridge – The International Monetary Fund’s Resident Representative for Vietnam Sanjay Kalra has expressed concerns over State-owned enterprise (SOE) reform due to soaring debts in the sector.

Telecos enhance 3G access

 VietNamNet Bridge – Three of the largest carriers in Viet Nam have simultaneously raised the 3G (Third Generation Network) speeds to 42 Mbps, six times faster than existing speeds in order to meet increasing demands for data.