Vietnam would remain a prime candidate for gains over the near term, according to Fitch Solutions.
Mondelez International – the world’s leading snack corporation and the parent firm of Kinh Do Mondelez Vietnam – announced that it would reduce its product portfolio by approximately 25 per cent.
Over the course of the past two quarters, Vietnam's export-import turnover declined by 2.1 per cent on-year to $238.4 billion, the very first instance of decrease.
The electronics industry in the last six months of the year is forecasted to be still greatly affected by the COVID-19 pandemic, which reduces demand in the US and European markets.
As the pandemic brings opportunities to the e-commerce sector, the local logistics industry also has a chance to grow.
Global cordless power equipment and floor care company Techtronic Industries Co. Ltd. (TTI) earlier this month organised its first-ever Vietnam supplier workshop together with the Saigon High-Tech Park to look for local suppliers for its manufacturing facilities in Viet Nam.
The central province has proposed a Private-Public-Partnership (PPP) model for calling on investment from the private sector in two key projects – the Chu Lai Airport and sea port systems in the near future.
Vietnam recorded a trade surplus $5.46 billion in the first half of this year, widening from a surplus of $1.72 billion in the same period last year, government customs data released on Monday showed.
Olive oil, the main element of the Italian cuisine, is similar to fish sauce in the Vietnamese cuisine.
With a scale of nearly US$180 billion and an annual two-digit growth rate, the Vietnamese consumer retail market is being squeezed by foreign investors.