The Vietnamese retail sector has recovered to the pre-COVID-19 level, with 53.8% of total retailers reporting similar or better business outcomes, according to Vietnam Report JSC. In its recently released survey, Vietnam Report said that after the pandemic is controlled, the Vietnamese retail market saw the speeding up of the application of digital technologies in […]
Read MoreHANOI: New-generation free trade agreements (FTAs) continue to be a silver lining in Vietnam’s trade growth targeting US$1 trillion (RM4.33 trillion) in import-export revenue by 2025. The country’s trade surpassed the milestone of US$700bil (RM3 trillion) in value to hit US$735bil (RM3.19 trillion) in 2022, a rise of 9.5% against the same period of the […]
Read MoreThe value of investment by Vietnamese companies in Laos reached US$180 million in 2022, an increase of 52.5 percent, according to a VietnamPlus report. In the meantime, Lao companies are operating 10 investment projects worth over US$71 million in Vietnam. The figures were revealed during the two countries’ investment cooperation conference held in Vientiane last […]
Read MoreVietnam needs to make efforts to change the perception of the country as a low-cost destination and lure more upscale Chinese tourists. The border gates between China and other countries, including Vietnam, are seeing thousands of entries and exits as China officially reopened its border on January 8, 2023. The number of people registering for […]
Read MoreVietnamese purchases of goods online and the value of online orders both increased significantly in 2022, according to market analysis firms. To prepare for the 2023 Tet holiday, Nguyen Thi Ngoc in Thanh Xuan district, Hanoi, has ordered 4 kilograms of maize vermicelli made in Cao Bang and mushroom and bamboo shoots via Postmart, an […]
Read MoreChinese travelers’ behaviors have become different after Covid-19. Vietnam needs to eliminate low-cost and zero-dong tours as Chinese now spend more money and demand high-quality services like European and American travelers. Cao Tri Dung, deputy chair of the Vietnam Tourism Association, said in the long term, China will still be the No 1 market for […]
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