In fact, Vietnam is among the most developed snack markets in the ASEAN, joining Thailand, Indonesia, and Malaysia in the $3.5-billion club, according to a recent report from Japanese consultant Corporate Directions. This has attracted many foreign brands to capitalise on the market growth. Among them, snacking heavyweight Mondelez Kinh Do is taking the lead in the market. Other foreign snack brands such as Oishi (Liwayway), Poca (PepsiCo), and Choco Pies (Orion) have also stepped up their game to tap into Vietnam’s snack boom. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 7
Healthcare business news
CPI up 0.66 percent in June
Hanoi (VNA) – The June consumer price index (CPI) rose 0.66 percent month-on-month and 3.17 percent year-on-year but was down 0.59 percent against December 2019, the General Statistics Office reported on June 29. The average CPI in the first half grew 4.19 percent, while core inflation (CPI excluding grains, fresh foodstuffs, energy, and State-managed healthcare and education) was 2.81 percent higher than in the same period of last year, data reveals. Seven of the eleven groups of main consumer goods and services recorded month-on-month price hikes in June - transport (6.05 percent), food and restaurant services (0.44 percent), beverage and cigarettes (0.09 percent), household appliances and goods (0.07 percent), medicine and healthcare services (0.01 percent), education (0.01 percent), and other goods and services (0.19 percent). Three groups saw falling prices - housing and construction materials (0.42 percent), postal and telecoms services (0.04 percent), and culture, … [Read more...] about CPI up 0.66 percent in June
COVID-19 a once-in-a-century opportunity to boost digital transformation
Hùng spoke at a conference reviewing results in the first half of the year and setting orientations for the second half, saying that Việt Nam had a significant advantage in digital transformation, given a large number of strong information technology and telecommunications companies. … [Read more...] about COVID-19 a once-in-a-century opportunity to boost digital transformation
IFC lends Ho Chi Minh City-based property firm $75mn to recover from COVID-19
“Local businesses are the primary engines of job creation, which drive the national economy. With the COVID-19 situation, IFC’s support will enable us to extend financial relief to our local clients,” IFC quoted Gary Tseng, CEO of Phu My Hung, as saying. … [Read more...] about IFC lends Ho Chi Minh City-based property firm $75mn to recover from COVID-19
