Demand survey

Vietnamese and Japanese firms receive support to expand operations The Japan Trade Promotion Organisation (JETRO) will host an online scheme on March 3 in Hanoi aimed at connecting Japanese businesses in the field of manufacturing and production, known as Monozukuri in Japanese term to facilitate co-operation amid the negative impacts caused the COVID-19 pandemic. According to a representative from the JETRO, the business matching programme will see the participation of 40 Japanese companies for the purpose of accelerating the development of the country’s supporting industry. At present, the scheme has received registration for 50 negotiations from enterprises from Japan, Vietnam, and Taiwan (China), whilst it is still receiving registration from businesses wishing to purchase and seek Japanese suppliers in the Monozukuri field until March 1. A recent survey conducted by the JETRO unveiled that Japanese businesses remain keen on the Vietnamese market as the … [Read more...] about VIETNAM BUSINESS NEWS MARCH 5

Authorities in Hon Quan District in the southern province of Binh Phuoc are warning buyers to be careful about land transactions, saying the proposed airport in the district, which has not been approved, has caused a “price bubble”. A land plot near the main road connecting An Khuong and Tan Loi communes, in Binh Phuoc Province's Hon Quan District, is cleared for development, with purported rumours of an airport in the province in the planning. — VNA/VNS Photo Sy Tuyen In the past few days, hundreds of people have been flocking to An Khuong and Tan Loi communes in Hon Quan District, causing land prices to surge after hearing news about the proposed dual-purpose airport. Beverage stalls have been set up along the roads to serve buyers, mostly from Hanoi, HCM City and Binh Duong Province. A local real estate broker said the “hotspot” area included street-side asphalt plots conducive to trading. A metre wide of land, which used to cost VND100 million (US$4,332), has … [Read more...] about Proposed airport sparks ‘land fever’ in Binh Phuoc

Household waste, stored in plastic bags, is piled in Hoàng Văn Thái Street, Hà Nội. —VNA/VNS Photo Tuấn Đức HÀ NỘI — The use of plastic bags and products in traditional markets and shops continues to plague Hà Nội. Phạm Huy, a small trader in a traditional market in Long Biên District, said plastic bags and products were selling in large quantities in local markets because they were not only cheap but also convenient. It costs VNĐ30,000 (US$1.3) per roll of 100 plastics bags and VNĐ20,000 ($0.8) for 50 plastic cups, he said. Huy said the number of people shopping at the market was very large and most of them asked for plastic bags. Few people carried their own bags to the market. “If we do not use plastic bags, we have nothing to store things for our customers,” he said. An owner of a food shop in Quán Thánh Street, Ba Đình District, said his customers often asked for takeaway food in plastic containers. Although he knew of the impacts of plastic bags and … [Read more...] about Plastic bags and products still plague Ha Noi