The Hanoitimes – Among Vietnamese, there is no need for foreign language as means of communication, said the trade ministry. Vietnamese products for domestic use would no longer be labeled “Made in Vietnam” or “Product of Vietnam” in English but in Vietnamese, according to the Ministry of Industry and Trade (MoIT). Among Vietnamese, there is no […]
Read MoreThe Hanoitimes – Ride-hailing cars now only need to have a reflective decal on the right side of the car’s windshield stating “contracted car”, aiming to better identify different types of transportation modes. Vietnam’s Ministry of Transport (MoT) has dropped the requirement that electronic contract-based vehicles such as Grab or GoViet must have a roof sign […]
Read MoreThe Hanoitimes – VECOM predicted with the growth rate of 2019 and 2020 remaining at 30%, by 2020 the market size would reach US$13 billion. Vietnam’s e-commerce market size currently ranks second in Southeast Asia with 40 million online shoppers, only behind Indonesia, according to Lai Viet Anh, deputy head of Vietnam E-commerce and Digital Economy […]
Read MoreThe Hanoitimes – The license has somewhat shown Vietnam’s relaxed management of drugs market which is likely to reach US$7.7 billion by 2021. France-based Sanofi-Aventis Vietnam Co., Ltd has been licensed to directly import drugs to Vietnam, becoming the first foreign-invested firm eligible to get such right in the country. With this license, Sanofi directly imported […]
Read MoreThe Hanoitimes – Vinpearl Air plans to add six planes on average per year to its fleet to reach a total of 30 by 2024, including 21 narrow-body and 9 wide-body aircraft. Vingroup-backed Vinpearl Air is expected to start commercial operation by July next year with six narrow-body aircraft, said the newly-set up airline in a […]
Read MoreAfter food and beverage and other sectors, it is the turn of convenience stores franchisers to eye the huge Vietnamese market. According to experts, Vietnam has all the requisite elements for the retail and franchising industry to boom such as a large consumer base, rapidly rising incomes and a generation of young and educated professionals. […]
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