Domestic retailers come into their own
09:31 | 29/07/2019 Trade
(VEN) - Saigon Co.op recently took over 15 retail outlets, an e-commerce site and more than 200 employees of Auchan in Vietnam. Before that, Vingroup acquired 87 Shop&Go convenience stores. These deals show the development potential of Vietnamese retailers.
Growth seen for textile, garment exports to EU
09:37 | 26/07/2019 Trade
(VEN) - The textile and garment industry is said to be one of the major beneficiaries of the recently inked EU-Vietnam Free Trade Agreement (EVFTA). Vietnam Economic News’ Viet Nga spoke with Cao Huu Hieu, Executive Director of the Vietnam National Textile and Garment Group (Vinatex), about the trade deal’s impact.
Vietnam launches first anti-dumping wood sector probe
11:09 | 20/07/2019 Trade
(VEN) - The Ministry of Industry and Trade (MoIT) recently promulgated Decision 940/QD-BCT, launching an anti-dumping investigation into industrial medium density fiberboard (MDF) imported from Thailand and Malaysia. This is an unprecedented decision since the wood sector became a key exporter of the Vietnamese economy.
AEON targets US$1 billion in Vietnamese goods sales
09:06 | 19/07/2019 Trade
(VEN) - Under a memorandum of understanding (MoU) signed in 2018 between the Ministry of Industry and Trade (MoIT) and the AEON Group, the Japanese retail giant pledged to support the export of Vietnamese goods via its distribution system, targeting US$500 million by 2020 and US$1 billion by 2025.