English News
Vietnamese make 30 million online purchases daily during pandemic: Visa
Vietnamese people make on average 30 million online purchases on a daily basis amid the novel coronavirus disease (COVID-19) pandemic, according to a report by financial services corporation Visa. A...
Vietnam attracts $19.54 billion in FDI in eight months, down 13.7% YoY
FDI into Vietnam between the beginning of this year and August 20 reached $19.54 billion, down 13.7% from a year ago, according to statistics released by the Ministry of...
To survive the pandemic
Some enterprises have changed their business models to survive the hardship of the Covid-19 pandemic “We have switched production of interior furniture for sale to wholesale buyers to making...
Japanese retail giants flock to Vietnam
Vietnam has emmerged as an attractive destination for Japanese retailers. Vietnamese customers are shopping in Aeon Mall Ha Dong in Ha Noi. After the entry of well-known Japanese names in the...
Government to increase budget for Ho Chi Minh City after 18 years
For the first time in 18 years, Ho Chi Minh City, growth engine of Vietnam’s economy will get higher ratio of State budget allocated by the government to deal...
EU trade pact could add 3.25% to Vietnam’s GDP during next five years
Implementation of the Vietnam-EU Free Trade Agreement is expected to boost Vietnam’s GDP by 2.18% to 3.25% over the next five years, Vice President Dang Thi Ngoc Thinh told...
Vietnam’s Q2 economic growth remains strong
Employees work on an assembly line at a shoe factory in Tan Lap village, outside Hanoi February 22, 2013. Photo: Reuters Vietnam’s economic growth remained strong in the second...
French retailer Auchan sells Vietnam operations to Saigon Co.op
Shopping trolleys are seen at the entrance of an Auchan hypermarket. Photo by Reuters/Stephane Mahe. Saigon Co.op has bought out Auchan Retail’s business in Vietnam, the two said...
Thai firm tops $1 bln in H1 revenues from Vietnam
Thai Beverage, which owns the biggest brewer Sabeco, earned H1 revenues of VND25.3 trillion ($1.09 billion) from its Vietnam operations. Sabeco, Saigon Beer Alcohol Beverage Corp, reported a 5...
Foreign airlines seek niche market in Vietnam
The inaugural flight from Bangkok lands in Nha Trang City on May 1. Some airlines in Southeast Asia are looking to fly to secondary airports in Vietnam – PHOTO:...
LG Electronics to shut South Korean phone factory, move production to Vietnam
SEOUL — LG Electronics Inc said on Thursday it would stop producing smartphones in South Korea and move manufacturing to Vietnam, joining global rivals shifting factories to low-cost locations...
Domestic retailers urged to team up to compete with foreign rivals
A corner of Co.op mart — Photo: Tuoitre Competition between was likely to remain fierce this year, requiring Vietnamese businesses to co-operate in order to maintain their market shares,...
Trade war a boon or bane for ASEAN: experts
The U.S.-China trade war is going to affect all the world, especially trading nations. The fact is that these accumulating tensions would be a boon or bane for ASEAN...
Retail, services sales hit $156b
The country’s total retail sales and services revenue reached US$156 billion in the first 11 months of the year, rising 11.5 per cent over the same period last year,...
