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Update news domestic market
VietNamNet Bridge - Vietnamese cannot manufacture products at low costs in Vietnam but can do so in foreign countries.
VietNamNet Bridge – Telephones and components imported from China made up for 70 per cent of the nation's total import turnover of these products in the first four months of this year, reported the General Department of Viet Nam Customs.
Dragon fruit (Thanh long) growers in the southern Ninh Thuan province are worried about the continuous fall in prices, although the main harvest will arrive only next month.
VietNamNet Bridge – While Vietnamese businesses have to struggle to bring their products to the world market, foreign goods do not encounter the same obstacles when entering Vietnam.
VietNamNet Bridge – Vietnamese businesses could face losses in the domestic market as the country opens to the ASEAN member imports later this year in compliance with the ASEAN Trade in Goods Agreement,
VietNamNet Bridge – Tablet/laptop hybrids are expected to become more popular in Vietnam in 2015.
VietNamNet Bridge – Viet Nam National Chemicals Group's deputy director Bui The Chuyen told Nong thon ngay nay newspaper about how a new value-added tax on fertiliser could hurt farmers and local firms.
Along with the worldwide success of Flappy Bird, a 100 percent Vietnamese-created game, and new policies set up by watchdog agencies in 2014, the industry is set to develop strongly in 2015.
VietNamNet Bridge – Vietnamese farmers need support to create product value chains, Nguyen Do Anh Tuan, director of the Centre for Agriculture Policy tells the newspaper Cong Thuong
VietNamNet Bridge – The domestic petroleum market is expected to become more competitive and closer to world standard following the issuance of Decree 83.
VietNamNet Bridge – The Southern Seed Corporation has put into operation a Vegetable and Flower Seeds Centre in HCM City's Cu Chi District with a total investment cost of VND30 billion (US$1.4 million).
VietNamNet Bridge – The steel industry is concerned about slow consumption in the domestic market despite a year-on-year rise of 7.22 percent in steel sales in July to over 423,600 tonnes.
VietNamNet Bridge – Saigon Binh Tay Beer Joint Stock Company has introduced Sagota-brand non-alcoholic beer on the domestic market to meet the demand of those wanting to drink beer without getting drunk.
VietNamNet Bridge – Vietnam is the sixth largest wood and wooden product exporter in the world and the second largest in Asia, yet the domestic wood processing sector is injured by low-priced, skillfully crafted imports.
VietNamNet Bridge – With a population of more than 90 million, Vietnam is a potential market for domestic tours, reported the Vietnam Economic News, adding that the domestic market will be extremely lucrative if businesses know how to connect
VietNamNet Bridge – The domestic market is on the threshold of international integration and faces opportunities and challenges, Ha Noi Supermarket Association President Vu Vinh Phu, told Hai quan (Customs) newspaper.
VietNamNet Bridge – The Ministry of Information and Communications will hold an auction to award 4G licenses next year, meaning domestic customers have to wait till 2015 to use the service
VietNamNet Bridge – The Government should offer farmers a support package, deputy director of the National Centre for Socio-economic Information and Forecasting Ta Dinh Xuyen told Nong thon Ngay nay (Countryside Today).
VietNamNet Bridge – Vietnam Airlines will complete its corporate valuation for submission to the Ministry of Transport late this week.
VietNamNet Bridge – Viet Nam's motorbike industry could fail to become a major manufacturer in the region by 2015 due to sluggish demand in the domestic market and a gloomy export forecast.