Rising expenditure follows Vietnam’s growing market of internet users. The country ranked 14th in the world in its number of smartphone users at 43.7 million last year, a rate of 44.9 percent. … [Read more...] about Retail, e-commerce biggest marketers in Vietnam
Sapa lao cai vietnam
BANGKOK -- Thailand’s largest retailer, Central Retail Corporation Pcl (CRC), plans to expand domestic online sales as well as its business in Vietnam, as the coronavirus outbreak slows economic growth at home, its top executive said on Thursday. … [Read more...] about Thailand’s Central Retail eyes growth in Vietnam after trouble at home
Most-favored-nation treatment (MFN) is the basic principle in WTO’s international trade, whereby a member country must be given the same treatment as all other WTO members, regardless of developed countries or developing countries. However, he affirmed that the change won’t have impact on Vietnam in reality. … [Read more...] about What if the US no longer considers Vietnam a ‘developing country’?
A person holds a stack of Vietnamese banknotes. The country’s two largest cities, HCMC and Hanoi, are still seeing a large number of customers using cash for food payments - PHOTO: THANH HOA HCMC - The country’s two largest cities, HCMC and Hanoi, are still seeing a large number of customers using cash for food payments, with over 80% of customers making cash payments at restaurants and for takeaway food. … [Read more...] about Cash payments for food remain high in Vietnam’s two largest cities
The Ministry of Industry and Trade is focusing on increasing the industrial sector’s added value. Specifically, the ministry is working with other ministries and sectors on policies and solutions for developing such potential prioritized industries as automobile, textile and garment, leather and footwear, electronics, minerals, and supporting industries. “Small and medium enterprises need to be supported by the state until they are able to compete in the global market and become reliable manufacturing partners of the global production chain, including assistance in innovation, production management, and access to preferential credit, new technology and high quality human resources,” Industry Agency Director Truong Thanh Hoai said. … [Read more...] about Vietnam’s industrial development, exports dogged by low added value