Saturday , March 23 2019
Home / Business (page 10)

Business

Business

Maximising advantages of the circular economy

Vietnam is making great inroads to reduce environmental pollution and pursue green growth, with the renewal of the growth model. Le Thanh Thao, country representative of the United Nations Industrial Development Organization in Vietnam, writes about the circular economy – a new method of creating value and ultimately prosperity as …

Read More »

Fitch revises Vingroup’s outlook to negative

The Negative Outlook reflects Vingroup`s heightened business risk and Fitch estimated that leverage, defined as net debt/adjusted inventory, is likely to rise to 58% in 2018, before falling to 36% in 2019. Fitch Ratings has affirmed Vietnam’s largrest privately-run conglomerate Vingroup’s long-term foreign- and local-currency Issuer Default Ratings at ‘B+’, …

Read More »

Vietnam Motor Show to be held in October

Vietnam Motor Show 2018 (VMS) will be held from October 24 to 28 with 15 brands such as Audi, Chevrolet, Ford, Jaguar, Lexus, Maserati and Toyota in HCM City. This year, VMS is jointly held by the Vietnam Automobile Manufacturers Association (VAMA) and Vehicles Imported Vietnam Association (VIVA) at Saigon …

Read More »

E-commerce looks towards sustainable development

E-commerce has rocketed in Vietnam over the past five years, with online retail sales expanding 20 percent annually, according to the Department of E-commerce and Digital Economy under the Ministry of Industry and Trade. Le Thi Ha, head of the department’s policy office, said Vietnam’s e-commerce retail sales had reached …

Read More »

Smart homes becoming more popular in Vietnam

Smarthome becomes more popular in Vietnam

As the apartment market in Vietnam is becoming saturated, real estate developers are trying to improve competitiveness of their products by integrating smarthome technology. With smart device prices on the decrease and convenience on the rise, the smarthome market is expected to develop rapidly with the growth rate of 20-30 …

Read More »

The hot market for bottled drinks

The bottled drink market is getting hotThe bottled drink market is getting hot

The domestic bottled drink market is getting ‘scorching hot’ because of the increasingly high demand for drinks that are good for health. Retailers say that food and drinks are two categories of products witnessing stable sales growth. It is estimated that bottled drink products are found in 4-5 out of …

Read More »

Once-famous brands struggle for revival

Many decades-old brands have been revivied

Many decades-old Vietnamese brands which were familiar to millions of Vietnamese consumers have been revived after a long period of hardship. At its 2018 shareholders’ meeting, An Duong Thao Dien Investment & Trade JSC, the new owner of Co Ba (Ms Ba) soap, unexpectedly announced a plan to revive the …

Read More »

Trade war shifts FDI flows to Vietnam

Vietnam remains a hot destination for foreign direct investment in the region and is expected to top the ASEAN region’s growth rates due to its diversified export markets and an increasingly attractive investment and business climate. Vu Tien Loc, chairman of the Vietnam Chamber of Commerce and Industry, felt excited …

Read More »