HANOI – Vietnam’s development plan for the leather and footwear industry by 2025 with a vision towards 2035 needs to change, according to the Ministry of Industry and Trade (MoIT). The change was required to increase the value of Vietnam’s leather and footwear products and reach sustainable and high growth in development, the ministry said. […]
Read MoreHCM CITY — With double-digit growth annually, Vietnam has a promising cosmetics industry for foreign firms seeking to expand overseas, experts have said. Vietnam’s cosmetics industry, where imports make up 90 per cent of sales, saw a revenue estimated at US$1.2 billion last year, Nguyen Van Minh, deputy chairman of the Vietnam Essential Oils, Aromatherapy […]
Read MoreHCM CITY — Online retail is expected to continue increasing, as domestic and foreign retail companies are planning to invest heavily in this field. A study conducted by Nielsen, a market research and global information company, showed that Vietnam is one of the world’s most dynamic countries in hi-tech application and use, including online shopping. […]
Read MoreThe Hanoitimes – Vietnamese exporters are using foreign central buying agencies to introduce their products to market abroad. Goods selling and promoting At the ongoing Vietnamese and Hanoian Commodities Week taking place in Aeon Lake Town trade center, 36 enterprises from Hanoi and other 19 cities and provinces nationwide showcase in 50 booths garment and […]
Read MoreHCM CITY — The price of Vietnamese rice has increased strongly in both domestic and foreign markets recently because of high demand and limited supply, local reports say. In the world market, Vietnamese rice is only priced lower than that from Thailand Jasmine rice is now priced at US$565-570 per tonne, $65-70 per tonne higher […]
Read MoreThailand is initiating a master plan for trade and investment collaboration with the CLMV (Cambodia, Laos, Myanmar and Vietnam) subregion to ensure all five countries continue to prosper amid strong global competition, Deputy Prime Minister Somkid Jatusripitak said recently “We started to write a master plan to develop trade and investment with Laos after visiting […]
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