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Vietnam’s retail sales to touch over US$1.9 trillion

The Hanoitimes – The revenue of Vietnam’s retail sales market will reach over VND11 quadrillion (US$484.58 billion) by 2020 and nearly VND44 quadrillion (US$1.938 trillion) by 2035. This was revealed in the Ministry of Industry and Trade’s draft strategy on domestic trade development, which is being publicized for recommendations. According to the draft, the GDP of […]

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Vietnam’s retail sales to touch over $1.9 trillion

HANOI – The revenue of Vietnam’s retail sales market will reach over VND11 quadrillion (US$484.58 billion) by 2025 and nearly VND44 quadrillion ($1.938 trillion) by 2035. This was revealed in the Ministry of Industry and Trade’s draft strategy on domestic trade development, which is being publicised for recommendations. According to the draft, the GDP of […]

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15 Vietnamese banks listed among Asia Pacific’s strongest

HANOI — Fifteen Vietnamese banks have recently been named in The Asian Bankers’ AB500 ranking and survey of Asia Pacific’s strongest banks. The banks include Vietcombank, BIDV, VietinBank and Techcombank, as well as MB, LienVietPostBank, ACB and VPBank, in addition to HDBank, TP Bank, SHB, VIB, SeABank, Sacombank and PVcomBank. The Asian Banker annually releases […]

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Vietnam needs to make efforts to improve FDI quality

The Hanoitimes – Vietnam attracted 24,397 foreign direct investment (FDI) projects worth 312.9 billion USD from 128 countries and territories in the first 10 months of this year. However, experts said that the projects’ influence on the economy is still modest, necessitating a change in mindset to lure investment. FDI has been poured into 18 out […]

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M&A in Vietnam – Attractive investment channel

The Hanoitimes – Mergers & Acquisitions (M&A) activities in Vietnam has become an attractive investment channel for enterprises planning to expand business activities, as well as looking for new way of doing business. Recently, the scale of M&A activities has become bigger with positive impact from the global integration process. According to the Director of Vietnam […]

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