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Vietnamese brands thirsty for support policies

The Hanoitimes – Many Vietnamese enterprises do not truly understand the significance of brands or see them as a long-term investment. While Vietnam is beefing up global integration, brand building is a key step to help Vietnamese products compete with their foreign peers. However, there is still a lack of efforts from both enterprises and local […]

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Vietnam to see boom in supply of industrial property next year: Savills

Vietnam will see strong growth in industrial property next year due to higher demand for industrial parks as business expand production or relocate out of China, according to Savills Vietnam. “In the coming years, particularly 2021 and 2022, I think we are going to see a big emphasis on supply,” John Campbell, Industrial Services, Savills Vietnam, told Việt Nam News. “This […]

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Vietnam: Retailers rush to expand market share

The race for domestic retail market share was heating up as local and foreign firms looked to expand their networks, experts said. At a recent meeting in HCM City, Truong Cong Thang, general director of VinCommerce Company, told partners that the retailer wanted to open nearly 10,000 stores and more than 300 Vinmart supermarkets in […]

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Vietnam trade surplus hits US$19.5 billion in Jan-Oct

The Hanoitimes – Vietnam’s trade turnover is likely to have reached US$440.09 billion in the January–October period, up 2.7% year-on-year. Vietnam reported an estimated trade surplus of US$2.94 billion in October, further expanding the trade surplus to US$19.5 billion in the January–October period, the General Statistics Office (GSO) has said in a monthly report. In October, […]

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