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Changes in target markets worry wooden furniture exporters

VietNamNet Bridge – Wooden furniture manufacturers have been warned that they will face more trade barriers as export markets have applied new policies to restrict imports. Wooden furniture manufacturers have been warned of new trade barriers The recently released report of the Vietnam Timber and Forest Product (Viforest) warned of big changes in all four ... Read More »

Safe fruit & vegetables struggling to find favor

Producers of safe fruit and vegetables are still up against it in trying to eke out a respectable market share. Nearly 100 km from Hanoi, the safe tomato farm of the Green Technology JSC in Yen Khanh district, northern Ninh Binh province, regularly disposes of rotten tomatoes it has failed to sell.  According to Chairwoman Ms. Le Thi Dung, the ... Read More »

Danang undecided over horse and dog racecourse projects

Danang City’s government has urged Cam Le District to carefully consider pros and cons when seeking to develop horse and dog racecourses, said Huynh Van Hung, director of the Culture and Sports Department of Danang. Staff of the dog racecourse at Lam Son Stadium in Vung Tau City walk dogs around before each race so that spectators can place bets. ... Read More »

More Vietnamese startups register business in Singapore

VietNamNet Bridge – After spending two hours on a flight from HCMC, plus 30 minutes on entry procedures, a group of Vietnamese, including two business owners and investors, landed in Singapore recently to complete business registration procedures. It took four hours to register a business in Singapore At 11 am on Monday, they turned up at a business registration service ... Read More »

Motorcycle market seen reaching saturation point

The number of motorcycles sold in the first quarter of this year reached some 803,000 units, increasing a mere 1.9% against last year, which indicates the domestic market is reaching its saturation point. Motorcycle sales have barely increased in Q1 as the market is reaching its saturation point   Statistics in a report by the Vietnam Association of Motorcycle Manufacturers ... Read More »

Vietnamese banks seek support from foreign capital

VietNamNet Bridge – In bankers’ eyes, 2018 is the time to try to attract foreign capital to boost growth. However, they will have to scramble and compete for investors. A $370 million deal was the ‘opening match’ of the 2018 M&A season when Warbug Pincus decided to invest in Techcombank, one of the fastest-growing banks in Vietnam. Other banks have ... Read More »

Optimistic outlook for textile and garment exports in 2018

Vietnam’s target of exporting US$34-34.5 billion worth of garments and textiles for 2018 is within reach as the Vietnam Textile and Apparel Association (VITAS) said that many companies have received orders until the end of the third quarter of 2018. The export target of US$34-34.5 billion for 2018 is an achievable goal, said VITAS According to VITAS statistics, the total ... Read More »

CPTPP, EVFTA to benefit Vietnamese fishery sector

Vương Đức Anh, from the Ministry of Industry and Trade’s Department of Export-Import talks about advantages that CPTPP and EVFTA will bring to Vietnamese seafood exporters. — VNA/VNS Photo Xuân Anh Viet Nam News HCM CITY — Việt Nam’s fishery sector will gain advantages and export opportunities once the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union-Vietnam Free ... Read More »

Property market remains attractive to investors

Land fever in the Phú Quốc special administrative economic zone in southern Kiên Giang Province. The shortage of information in the property market has been a big issue for its development. — Photo Viet Nam News HÀ NỘI — The real estate market continues to be attractive to investors, but the level of competition would be much higher this ... Read More »