The Hanoitimes – Health continued to be No.1 concern among Vietnamese consumers, with the highest level globally. With the Consumer Confidence Index of 126, Vietnam continued to rank fourth in the world for having the most positive consumers, after India, the Philippines and Indonesia, according to a latest survey. Compared to the last quarter of 2019, […]
Read MoreThe Hanoitimes – Local retailers in FMCG should rethink their channel strategy as Covid-19 impacted the way Vietnamese consumers shopping. All channels in fast-moving consumer goods (FMCG) have been achieving double-digit growth, which has never seen over the past seven years in Vietnam. It implies that the omni-channel shopping trend in Vietnam is further strengthened during […]
Read MoreThe Vietnamese Government will cut or simplify at least 20 per cent of the current regulations on business through 2025, according to Resolution No. 68/NQ-CP released on Wednesday. The Government will also slash at least 20 per cent of business procedure compliance costs as currently regulated while minimizing the number of legal documents related to […]
Read MoreSingapore rose to become the biggest foreign investor in Vietnam in the first four months of 2020 with 5.07 billion USD, accounting for 41 percent of the total. It was followed by Thailand and Japan, with 1.46 billion USD and 1.16 billion USD, respectively, according the Ministry of Planning and Investment’s Foreign Investment Agency (FIA). […]
Read MoreThe Hanoitimes – Vietnam’s exports rose 2% year-on-year to US$80.86 billion in the January-April period, and imports edged up 0.3% to US$78.08 billion. Vietnam posted a trade surplus of US$2.78 billion in the first four months of 2020, significantly lower than a surplus of US$3.74 billion recorded one month earlier, according to the General Department of […]
Read MoreThe Hanoitimes – Fitch expected the central bank to further cut the benchmark rates, which would take the refinancing rate to 4.0% and the discount rate to 2.5%. In light of a weak economic outlook, there remains scope for further monetary easing both in benchmark rate cuts and other macroprudential measures, according to Fitch Solutions, a […]
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