News

Hanoi (VNA) – Deputy Prime Minister Vuong Dinh Hue has asked the Ministry of Industry and Trade and relevant departments to join hands to increase the value of Vietnamese brands to make inroads into international markets.

The Hanoitimes - The Vietnamese retail market would hardly attract more European retail groups in the mass segment due to the harsh competition.

The Hanoitimes - The local demand for pharmaceutical products has rapidly expanded as a consequence of high economic growth, rising per capita income, and an increasingly large population, which has made it more attractive to potential investors.

The Hanoitimes - In 2018, the government targeted to remove at least 50% of administrative procedures, simplify 61% business conditions and reduce 60% of specialized inspection for trade activities.

The Hanoitimes - Real estate is considered the backbone of Vietnam`s economy in the transition to a major industrial hub.

As a part of its commitment to sustainable development in the Vietnamese market, Suntory PepsiCo Beverage Vietnam Limited (Suntory PepsiCo Vietnam) invested in the implementation of the most advanced Enterprise Resource Planning solution (SAP S/4HANA).

Singapore - Sabre Corporation has announced a new long-term agreement with national carrier Vietnam Airlines, which has adopted the industry-leading, Sabre AirVision In-Flight solution. In line with a recently announced memorandum of understanding describing Vietnam Airlines' intention to significantly expand their existing strategic relationship with Sabre, In-Flight is expected to drive substantial efficiencies and cost savings for the airline.

The Vietnamese government has advanced about $97 million to a state-owned company to cover debts related to a failed paper project.

Vietnamese shares dipped on Thursday morning as selling increased amid worries about the US-China trade war.