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Vietnam a bright spot for foreign investors: experts

Vietnam has been chosen among leading destinations in Southeast Asia by Japanese investors, Nakajima Takeo, Chief Representative of the Japan External Trade Organisation (JETRO) in Hanoi, has said. The country’s population is forecast to hit 106 million by 2050 with the middle class on the rise, which turns the market into a favourable one for […]

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Cambodia: Trade with Vietnam jumps 22% in Q1 to record $3.9B

Cambodia-Vietnam trade sharply increased by 22 per cent in the first quarter of 2021 on a yearly basis, reaching a record high of $3.892 billion, despite tightened border controls over fears of spreading the Covid-19 pandemic, according to the Vietnamese embassy in Phnom Penh. Vietnamese National Assembly (NA) chairman Vuong Dinh Hue told his Cambodian […]

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Vietnam: the world’s woodwork factory

In recent decades, the Vietnamese wood industry, from a small craft industry, has grown rapidly to become a global processing industry. Last year, thanks to its shift to “online sales” and changes in product structure that was in line with consumer trends in the world in the time of the Covid-19 pandemic, Duc Thanh Woodwork […]

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Vietnam: E-commerce sales boom during pandemic

E-commerce platforms in Vietnam have seen the number of new users grow by 41% since the outbreak of the Covid-19 pandemic. Most of the new users said they would continue to use the new form of shopping even after the epidemic ends. During the pandemic, Vietnam’s e-commerce recorded an impressive growth of 18%, and market […]

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Vietnam’s online food shopping in surge

The demand for some categories drops in the first quarter of 2021, according to a latest report. Vietnamese consumers continue to increase the purchase of food, the essential category via online channels amidst the outbreak of Covid-19, local insiders have said. The latest data from the first quarter of 2021 conducted by e-commerce aggregator iPrice […]

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Vietnam: CPI growth in Jan-May lowest in five years

The country’s consumer price index (CPI) in the first five months of the year grew 1.29% year-on-year, the lowest for the period since 2016, according to the General Statistics Office. In May alone, the CPI inched up 0.16% over the previous month and 2.9% against the same period last year, also the lowest for the […]

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