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Cambodia, Vietnam open new bridge to boost trade

PHNOM PENH – Cambodia and Vietnam on Monday opened a jointly built bridge across a river in the Mekong delta to improve trade and commerce between the two nations. The 427-metre-long bridge cost US$36 million, with the expense split almost evenly between the two countries. The bridge commemorates the 50th anniversary this year of the […]

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Vietnamese consumers willing to pay more for safe foods

HANOI — About four out of five Vietnamese consumers are willing to spend more on food produced from materials labelled safe and environmentally friendly, according to a survey conducted by Nielsen Vietnam. Survey results released on Wednesday showed that brands which commit to selling green and safe products reported a growth rate of 4 per […]

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Vietnam: Wood exports surge 17.1% in Q1

HANOI — Vietnam’s exports of wood and wooden products in the first quarter of this year hit US$1.78 billion, a year-on-year increase of 17.1 per cent, the General Department of Vietnam Customs reported. This was especially evident in exports to the US and Japan, Vietnam’s largest wood importers. In the first three months of 2017, […]

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Vietnam: SMEs seek support to build their own brands

HCM CITY — With their limitations in terms of capital, management, technologies and brand building, Vietnamese small and medium-sized enterprises (SMEs) need support to stay afloat amid the country’s global integration, according to the Vietnam Retailers Association (VRA). Speaking at a seminar titled “Brand Story” in HCM City on Thursday, Dinh Thi My Loan, chairwoman […]

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Vietnamese firm to invest in massive casino

A little-known Vietnamese investment firm plans to build a massive $200 million mixed-use development that includes a hotel, casino and water park in the dusty Cambodian border town of Bavet through its fully-owned Malaysian subsidiary, a government official confirmed yesterday. The first phase of the project, dubbed Empire World City, will be constructed on approximately […]

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