Vietnam is a huge potential market for the bubble tea business as it is gradually becoming a favourite and popular drink among generations Y and Z. Bubble tea lovers in Vietnam spent 360 million USD on bubble tea and similar "new tea" drinks in 2021, making the nation the third largest market for bubble tea in Southeast Asia.(Photo: VNA)...

The domestic paper industry has achieved good growth in the past five years and expects to maintain the momentum until 2025 driven by demand for tissue and packaging paper, according to the industry business group. The paper industry expects to maintain high growth momentum until 2025 driven by demand for tissue and packaging paper. (Photo: tapchicongthuong.vn) Hoang Trung Son,...

Russian firms want to navigate more parts of Vietnam, one of the most promising markets in Asia, they said at the Vietbeauty & Cosmobeauté Vietnam 2022 event underway in Ho Chi Minh City. At the event (Photo: VNA) Solomatin Alexey from the government centre for export support in Moscow said nine participating Russian firms specialise in health and beauty...

Overseas shipments within the first seven months of 2022 earned more than 14 billion USD for the leather and footwear sector, an annual increase of 13%. Illustrative photo (Source: VNA) During the period, the export revenue of the products from North America and the EU grew by 24% and 17.5%, respectively. The export value also saw good recovery...

Vietnam raked in nearly 16.8 billion USD in foreign direct investment (FDI) as of August 20, down 12.3% year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. Illustrative image (Photo: VNA) In the period, a remarkable decrease was seen in the value of newly-registered capital, down 43.9% to 6.35 billion USD. Meanwhile, additional...

The Vietnam – Laos Trade Fair 2022 (VIETLAO EXPO 2022) officially kicked off in Vientiane, Laos on August 25. At the opening ceremony (Photo: VNA) This is the biggest trade promotion event held annually by the two countries' Ministries of Industry and Trade in the Lao capital city, with the aim of promoting exports and expanding the sale network...

Vietnam is among exhibitors at the 11th edition of the World Chili Pepper Trade Fair (Fiera Campionaria Mondiale del Peperoncino) in the city of Rieti, central Italy from August 24 – 28, introducing not only its best chili pepper products but also other farm produce, such as pepper, tea, coffee, wood ear, shiitake mushrooms and galangal. Vietnamese chili...

More than 50 suppliers, technology companies and universities attended the first Vietnam Aerospace Industry Forum on August 25 to seek cooperation opportunities with Boeing, a leading global aerospace company. Micheal Nguyen, country director Boeing Vietnam addresses the Boeing Aerospace Industry Forum held in August 25 in Hanoi. (Photo coutersy of the company) Held by Boeing, the forum was part...

As the coronavirus pandemic has spread through Vietnam, so has the number of drugstores operated by major chains, Nikkei Asia reported on August 24. Long Chau, an affiliate under Vietnamese tech group FPT (Photo: VNA) The number of drugstores run by the three major chains has increased eightfold since 2019 as Vietnamese residents become more health conscious in the...

Masan Consumer had neither exported nor sold Omachi shrimp flavoured instant noodles directly to Qianyu Co., Ltd to export to Taiwan (China), the Vietnamese firm said on August 24 after a batch of the noodles was returned for destruction as reported by the Taiwan Food and Drug Administration (TFDA). Illustrative image (Source: Internet) A day earlier, TFDA said on...