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Zara, H&M report high revenues in Vietnam

The Hanoitimes – For a population of nearly 100 million, of which the majority is at young age and with a steady growth of income per capita, Vietnam is considered potential market for fashion retailers. In the first six months of 2018, revenue in Vietnam of the Indonesian retail operator Mitra Adiperkasa, – the operator of […]

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Foreign players dominate Vietnam’s animal feed market

The Hanoitimes – Despite accounting for some 65 percent of Vietnam’s market share, foreign animal feed producers are continuously expanding production to further dominate the country’s fertile market. Vietnam’s animal feed market has attracted many foreign feed companies, such as Thailand’s C.P, the US’s Cargill, South Korea’s CJ, Holland’s De Heus, Singapore’s Haid and Malaysia’s Emivest, […]

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Vietnam’s 2017 instant noodle consumption rebounds

The Hanoitimes – Vietnam is currently ranked fifth in the world in terms of instant noodle consumption, behind China, Indonesia, Japan and India. Vietnam’s instant noodle consumption showed sign of recovery after two years in decline, reaching 5.06 billion instant noodle packets in 2017, up 3% year-on-year and 5.4% against 2015, according to the World Instant […]

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Vietnam sees sharp decline in petroleum imports in July

The Hanoitimes – In the first seven months of 2018, a total of 7.8 million tons of petroleum products worth US$5.2 billion were imported, up 3.9% in volume and 31.6% in value year-on-year. Vietnam imported 820,000 tons of petroleum products in July worth US$558 million, down 41.8% in value and 41.7% in volume month-on-month, according to […]

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Vietnam: Finding strategic shareholders after IPO challenges businesses

The Hanoitimes – After successful initial public offerings (IPO), many state-owned enterprises (SOEs) have still failed to sell stakes to strategic shareholders, mainly due to regulations on foreign ownership cap and time of shareholding. Statistics from the Steering Committee for Enterprise Innovation showed that the government approved privatization plans of 19 SOEs with the total value […]

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