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Super deluxe brands flock to Vietnam

While the real estate market has become frozen, low-cost and medium-class product sales have been going very slowly, deluxe products still can be sold well in Vietnam, which has prompted the biggest fashion brands to flock to the country.

Banks wish to have the right for gold bullion trade, but it’ll not be an easy job

More than 10 commercial banks have submitted applications to the State Bank of Vietnam, seeking the permission to trade bullion gold. This is really a lucrative business field, in their eyes.

Powerful PC advertisers will have greater advantages in mobile ads

The mobile ad market remains a fledgling, but it is the aiming point of a lot of advertisement and IT firms, simply because it is very promising.

Digital technology services lucrative, but uncertain

Vietnam is now witnessing the boom of Internet-based digital services, since investors can see the big potentials of the market. However, experts say the market is still like a bear garden due to the lack of a perfect legal framework.

Global mobile phone market slowing down in 2012: report

 Worldwide mobile phone market is expected to grow only 1.4 percent year over year in 2012, the lowest annual growth rate in three years, research firm International Data Corp. (IDC) predicted in a report on Tuesday.

The war between 9-year-old G7 and 100-year-old Nestle

Trung Nguyen, the Vietnamese coffee brand, has affirmed that Trung Nguyen coffee products have been more favored in Vietnam than Nestle products. Meanwhile, the foreign giant has denied this.

Auto manufacturers increasing localization ratios to be more competitive

Making more car parts domestically to replace imports is the solution for automobile manufacturers to increase their competitiveness in the context of the low market demand.

Freight & forwarding market opens to 100 percent foreign owned company

Vietnam has kept the door of its freight & forwarding service market opened to foreigners since January 11, 2012, and FedEx has become the first foreign company going through the door.

Vietnamese “coffee King” sneers at Starbucks

Dang Le Nguyen Vu, the owner of the Vietnamese well- known Trung Nguyen coffee brand, who has been called the Vietnamese “coffee King” has triggered a public quarrel when he publicly made derogative remarks about Starbucks’ coffee.

Counterfeit ATMs – the risk still hung over consumers

Banking information technology experts all say that commercial banks have been and would have to accept the risks to be caused by counterfeited ATMs, even though banks have issued chip cards instead of magnetic cards.