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Economy

Vietnam`s livestock, poultry meat market worth $18 billion

Vietnam`s livestock, poultry meat market worth $18 billion

 More than 3 million tons of meat were consumed in Vietnam in 2016, according to Euromonitor. With a value of $18 billion, Vietnam is the third largest market for meat in Asia, behind China and India.

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Vietnam Dong, among most stable in Asia this year: experts

Vietnam Dong, among most stable in Asia this year: experts

The Vietnam Dong (VND) is among the most stable currencies in Asia this year, said the US-based Bloomberg News, echoed by similar views from Vietnamese economists who were confident that the stability would remain until the year end thanks to the economy’s positive signs.

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Vietnamese fashion brands warned: innovate or shut down

Vietnamese fashion brands warned: innovate or shut down

 Many foreign fashion brands have entered the Vietnamese market, creating stiff  competition in the market for local brands.

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Cashew industry faces volatile weather, pests

Cashew industry faces volatile weather, pests

The cashew industry has achieved impressive growth in the past years with increasing exports, but unfavourable weather due to the impact of climate change and an increase of diseases and pests threaten its continued development, delegates told a seminar in HCM City last Saturday.

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VN industrial production index on growth track in ten months

VN industrial production index on growth track in ten months

The industrial production index rose by 17 percent year-on-year in October, pushing the ten-month increase by 8.7 percent, higher than a 7.3 percent rise from the same period last year and 7.9 percent growth recorded in nine months. 

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Vietnam cautious about economic growth for 2018

Vietnam cautious about economic growth for 2018

Though it believes a 6.7 percent GDP growth rate in 2017 is ‘within reach’, the Ministry of Planning & Investment (MPI) has set a 6.5 percent growth rate for 2018.

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VN`s food and beverage sector expected to grow further

VN`s food and beverage sector expected to grow further

The food and beverage market is expected to see potential for further development in the 2017-18 period, according to the Viet Nam Report Company (VNR).

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Cultivating technology

Cultivating technology

At the end of the winter-spring rice crop this year, farmers in Dien Chau district in north-central Nghe An province were very happy with the size of the crop grown under mechanized production. 

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Coast guards tasked to prevent illegal fishing

Coast guards tasked to prevent illegal fishing

The Vietnam Association of Seafood Exporters and Producers has worked with coast guards to stop illegal fishing activities by Vietnamese fishermen in other countries after the EU issued a yellow card warning to Vietnam.   

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Vietnamese fruit exporters seek opportunities in EU

Vietnamese fruit exporters seek opportunities in EU

A delegation of Vietnamese fruit and vegetable export firms will travel to three European countries -- France, Germany and Poland -- to explore business opportunities there, baodautu.vn reported.

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Storm over special tax regime

Storm over special tax regime

A special high tax proposed by some provinces and cities is being questioned by economists due to its controversial impacts on Viet Nam’s tax policies.  

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Honda Vietnam makes bank on Vietnamese motorcycle market

Honda Vietnam makes bank on Vietnamese motorcycle market

The convenience of riding a motorcycle and Vietnamese people’s admiration for Honda vehicles are bringing a mountain of profit to the company, with each year’s  profit figures doubling or tripling on-year. Particularly, Honda’s after-tax profit peaked in 2016, reaching the billion-dollar mark.

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Only 21% of Vietnamese SMEs join global value chain

Only 21% of Vietnamese SMEs join global value chain

A forum on supporting SMEs in joining the global value chain was jointly held by the Vietnam Chamber of Commerce and Industry (VCCI) and Facebook in Hanoi on October 19.

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Vietnam mulls ways of dealing with strict US anti-dumping duties

Vietnam mulls ways of dealing with strict US anti-dumping duties

The US has more than 10 times imposed anti-dumping duties on Vietnam’s catfish exports. If it continues installing new barriers, Vietnam may need to find new markets for the exports, experts say.

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Lam Dong to host first Vietnam Coffee Day

Lam Dong to host first Vietnam Coffee Day

The first Vietnam Coffee Day will take place in Da Lat city of the Central Highlands province of Lam Dong on December 9-11, announced local authorities and the Vietnam Coffee and Cocoa Association.

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Vietnamese retailers pay more to attract online buyers

Vietnamese retailers pay more to attract online buyers

 More Vietnamese businesses have decided to increase their investments in online sales as e-commerce continues to boom.   

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