(VOVworld) - A national campaign to encourage Vietnamese people to buy made-in-Vietnam products has significantly changed Vietnamese buying habits. Vietnamese products now account for a large proportion in shopping malls, supermarkets, and stores, both urban and rural. The campaign has worked because it has encouraged domestic businesses to improve their products’ quality and competitiveness. VOV reports…
(VOVworld) – The Da Nang Association of Small and Medium-Sized Enterprises has launched a program to select 100 promising businessmen. This is one of the city’s programs to encourage students to start businesses while they are still at school.
(VOVworld) - Vietnam has attracted more than 11 billion USD in foreign direct investment so far this year, much of it poured into the processing and manufacturing industries. The Republic of Korea’s Samsung group alone has invested billions of dollars in contracts to make mobile phones and components and has become Vietnam’s biggest investor.
(VOVworld) – In recent years, Vietnam has emerged as a franchise market. Rapid economic growth and increases in personal income, population, and consumer spending have made Vietnam attractive to franchises. Vietnam’s membership in the World Trade Organization has created more favorable conditions for Vietnamese businesses to get involved in franchising.
(VOVworld) – The Ministry of Agriculture and Rural Development has asked its branches to map out detailed plans for implementing the government plan to restructure agriculture and rural development. The plans must focus on three areas – cultivation, husbandry, and aquaculture.
(VOVworld) - TPP negotiations concluded in Hanoi last Wednesday. Joining the Trans-Pacific Partnership agreement will provide Vietnam both opportunities in investment and exports and new challenges.
(VOVworld) – In the 5 years of a program urging Vietnamese people to prioritize made-in-Vietnam goods, domestically manufactured garments and textiles have become more popular with consumers. Meanwhile garment enterprises have increased their investment in production and expanded their distribution system to gain market share.
(VOVworld) – Vietnam has earned 17.4 billion VND from exports of agricultural produce so far this year, up 12% against on the same period last year. When the Trans-Pacific Partnership Agreement and the Free Trade Agreement with the EU are finalized by the end of this year, Vietnam is likely to enjoy more opportunities to expand the market and reduce the dependence on certain markets to ensure sustainable growth.
(VOVworld) – The Law on public investment which was approved by the National Assembly in June will be enforced on January 1st, 2015. The law’s implementation aims to avoid scattered investment and imbalance through which to reduce losses and wastefulness in public investment.
(VOVworld) – Mechanical engineering is a fundamental industry in Vietnam’s industrialization and modernization process which has received special attention from the government, particularly in increasing the localization ratio. Since the development strategy for Vietnam’s mechanical engineering industry was implemented a decade ago, the sector has gained encouraging achievements.
