market

Update news market

HCM City promotes IC, semiconductor industry

The market for integrated circuits (IC) and semiconductors in Vietnam has huge potential, offering great investment opportunities for domestic and foreign enterprises, according to experts.

Market in the torchlight

VietNamNet Bridge – Day in, day out, a section of Quang Trung Street that leads to the bank of the Thach Han River in Quang Tri Town in the central province of the same name turns bustling in the early hours of every morning with many vendors

Vietnamese big bosses struggle to revive their one-time strong brands

After a long period of absence, once strong brands like Da Lan (toothpaste), Hynos, Co Ba (soap) or Truc Bach (beer) have reappeared before the public. However, it is not easy to regain the heydays.

The year-end fair in Ha Giang

 VietNamNet Bridge - Since early morning, ethnic minority people flocked to the central market in Tien Nguyen commune in the northern mountain province of Ha Giang just to see their friends, to drink a cup of wine or to eat a bowl of sour soup.

Vietnamese pour money into casinos for Chinese players

Vietnamese investors are considering building casinos worth billions of dollars in Quang Ninh province and Phu Quoc Island to attract Chinese travelers after noting the sharp rise in the number of Chinese travelers to Vietnam recently.

Ad firms still gleaning silver coins from online ads

The online ad market has not yet developed in Vietnam not because of the poor technology infrastructure and the lack of the workforce, but because of the lack of people’s confidence.

Vietnam’s cocoa dream

 Being a small cocoa producer, Vietnam still nourishes the hope of selling cocoa worldwide.

BUSINESS IN BRIEF 9/2

 Vietnam more selective in FDI attraction: official; Work resumes on upgrades of North-South highway; Year of the Horse hoped to boost leather industry; Farm exports reach 2.32 bln USD in January

Foreign investors lessen interests in Vietnam’s property

Only one real estate project has been transferred to a foreign investor so far, while the foreign direct investment (FDI) in the real estate sector has decreased.

BUSINESS IN BRIEF 13/11

 Russia affirms its nuclear status in Vietnam; Coffee exports to Mexico fall 19%; Ad firms confront challenges; Phone handset exports up 76%; Central bank backs down on currency

BUSINESS IN BRIEF 30/10

 Seafood surge nets exporters $5.37b in first 10 months of 2013; Banks struggle to meet credit target; India eyes Viet Nam business partnership; SBV debt pledge fails to rally shares

BUSINESS IN BRIEF 25/10

 Dong Nai attracts US$830 million in FDI; Vietnam seals Philippines rice contracts; Vietnam attends global auditors congress in China; Promoting Vietnamese trademarks

Import beef routs domestic products, husbandry in the danger

Beef imports have been increasing sharply in recent months to satisfy the increasingly high demand. The cow husbandry in Vietnam, which has been facing big difficulties over the last few years, is not in the bigger danger.

Vietnamese pay a heavy price for rushing to grow rubber

The sharp fall of the natural rubber price in the world market in the first nine months of the year has distressed Vietnamese rubber companies. However, the price decrease has brought benefits to tire manufacturers.

Shopping services booming in Vietnam

 VietNamNet Bridge – Shopping services, which were first provided some 10 years ago in HCM City, have become more professional and popular as urban dwellers tend to have less time for housework.

BUSINESS IN BRIEF 14/10

 Vietnam International Business Centre debuts; Vietnam to import 600,000 tonnes of cotton in 2013; Local milk exported to 26 countries; Vietnam expects to get more ODA from EU

Chinese or American?

 VietNamNet Bridge – Vietnamese don’t know what they eat--Chinese or the US fruits, because both management agencies and consumers cannot tell exactly about the origin of the products.

E-cigarettes sale stays out of control

 VietNamNet Bridge – Ad pieces about e-cigarettes have been flooding websites, while e-cigarettes have been available everywhere. Meanwhile, state management agencies still cannot put the products under their control.

Time of huge-capital investments

 VietNamNet Bridge – Very few investment deals in Vietnam have been announced over the last three years. Only the news about the capital withdrawals appear on local newspapers.

Health Ministry tries to keep a rein, but formula milk price remains restive

 VietNamNet Bridge – The Ministry of Health (MOH) plans to curb the immoderate formula price increases by including some kinds of products into the list of products for price control.