Hanoi (VNS/VNA) - A crowded moon cake market has caused a drop in sales for many stalls ahead of Mid-Autumn Festival. The big day is on October 1 – the 15th day of the 8th month on the lunar calendar, but the moon cake market is still quiet. Popular moon cake brands like Kinh Do, Nhu Lan, Dong Khanh, Hanoi Confectionery and Thu Huong Bakery are traded on stalls in the most crowded areas in Hanoi and HCM City. Despite an increase in discounts and promotions, fewer people are shopping at moon cake stalls than last year. Nguyen Thi Huong, the owner of a moon cake stall on Pham Van Dong Street in HCM City’s Thu Duc District has struggled this year. “I have to use a 'buy 1 get 1' board to attract customers but some just stop to see the price list. Some still buy the products but they are much fewer than ever before," she said. Le Minh Tam, who runs a moon cake stall on An Duong Vuong Street, District 5, told Tin Tuc newspaper: … [Read more...] about Moon cake market competition heats up
Bonds vs money market
Vietnamese firms connect with potential partners at Singapore forum
Vietnamese Ambassador Tao Thi Thanh Huong beats the gong to open the trading session that marked the Singapore Exchange’s 20th anniversary. - Photo courtesy of SGX Addressing representatives of over 150 companies from Viet Nam, Europe, the US, the Republic of Korea and Japan, Vietnamese Ambassador to Singapore Tao Thi Thanh Huong noted the Vietnamese Government has been issuing policies to attract capital to new economic sectors while making efforts to equitise State-owned enterprises to attract more foreign investors. … [Read more...] about Vietnamese firms connect with potential partners at Singapore forum
Picky viewers keep filmmakers on their toes
On January 10, during a talk show about the movie industry in Ho Chi Minh City, film producer Charlie Nguyen said that his latest offering, "Nguoi Can Quen Phai Nho", released last Christmas, had earned just VND1.9 billion ($82,338), which was a huge failure. … [Read more...] about Picky viewers keep filmmakers on their toes