The One Commune One Product (OCOP) program implemented by the province over the years has contributed significantly to branding and market development for products. Among the criteria of OCOP products, “product story” is an important factor in promoting and attracting customers to the product. In the process of building and developing OCOP products of the province, many product stories...

The Ho Chi Minh Export Forum and Trade Fair 2023 opened at the Saigon Exhibition and Convention Centre (SECC) on May 25. At the opening of the event. (Photo: VNA) Jointly hosted by the municipal Department of Industry and Trade and the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade, the event aims to strengthen...

Vietnam has yet to lose its advantage as an attractive destination for foreign investment flows, although in the short term, investors are taking a careful consideration before making their decision, according to Lecturer Nguyen Xuan Thanh from the Fulbright School of Public Policy and Management. AEON has poured in Vietnam 1.18 billion USD in investment, making the country...

Prime Minister Pham Minh Chinh has signed a directive clarifying tasks and solutions to enhance the efficiency of foreign investment attraction in the new period. Producing automobile frame at Ford Vietnam factory in Hai Duong (Photo: VNA) Under the document, ministers and heads of minister-level agencies, Government agencies and chairmen of the People’s Committees of centrally-run cities and...

Deputy Prime Minister Le Minh Khai on May 25 asked the Vietnam National Chemical Group (Vinachem) to exert every effort toward effective restructuring, while working with the group to assess operations over the 2016-2020 period. Deputy Prime Minister Le Minh Khai addresses the event (Photo: VNA) Affirming the important role of Vinachem in the economy, Khai requested the...

The stock market is expected to see more investment opportunities for the medium and long term in the second quarter of 2023, according to analysts. A woman performs a transaction on mobile phone at Bao Viet Securities' office. (Photo: VNA) In its latest report, BSC Securities Company said that the market witnessed strong divergence among industry groups in...

The State Bank of Vietnam (SBV) is set to further reduce regulatory interest rates on May 25, the third cut in a row since mid-March, expected to give a boost to the stagnant real estate market. Apartment buildings in Hoang Mai district of Hanoi (Photo: VNA) Earlier, the central bank decreased regulatory interest rates on March 14 and...

Revenue in the luxury goods market in Vietnam will amount to 957.2 million USD in 2023, and grow annually by 3.23% in the 2023-2028 period, according to Statista, a statistics portal for market data. Trang Tien Plaza - the first and only luxury shopping centre in Vietnam (Photo: VNA) Increasing consumer demand is said to be a motivation for...

The Vietnam Electricity Group (EVN) is negotiating to purchase more electricity from China and Laos, according to EVN General Director Tran Dinh Nhan. Illustrative image (Photo: tuoitre.vn) The power source in the whole system has no more backup capacity, Nhan noted. Large power sources including hydro-electricity and thermal power all have decreased, so the available capacity of the...

Vietnam jumped 12 places in the Economist Intelligence Unit (EIU)’s latest business environment rankings which measure the attractiveness of doing business in 82 countries with 91 crucial indicators. Vietnam shows significant improvement in the business environment. (Photo: VNA) The report highlights that Vietnam, along with Thailand and India, is considered the Asian country that has made the most...