Business and marketing news

According to a representative from Tpcoms, being verified to use VMware technology helps TPCloud easily provide customers with a wide range of products, including public cloud, private cloud, hybrid cloud, and multi cloud for many different kinds of companies, from small and medium-sized enterprises (SMEs) to large-scale corporations. Combined with its long-term experience in providing connection infrastructure for large businesses throughout the country, TPCloud can become a breakthrough in the domestic cloud market. … [Read more...] about BUSINESS NEWS OCTOBER 11

The Vietnam Association of Seafood Exporters and Producers (VASEP) said the US and Europe have the largest demands for tuna. A survey by US-based firm Tri Marine, which is now owned by Italy’s Bolton Group showed that canned tuna, which is a key export item of Vietnam, is favoured over other tuna products in the US market. … [Read more...] about BUSINESS NEWS OCTOBER 12

According to Trinh Quoc Vu, deputy head of Energy Saving under the Ministry of Natural Resources and Environment, with some 6,000 factories employing more than 3 million people, the industry is both economically and socially important for the country. However, the sector has an adverse environmental impact. Intensive water extraction, use and discharge of wastewater and high energy consumption for water heating and steam generation are all environmental concerns. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

The departure of the "big names" in the market shows their struggle to acquire market share in Vietnam. Even existing businesses like Big C or Lotte Mart cannot avoid these difficulties. Since falling into to the hands of a Thai boss, Big C has recorded poor business results. The latest financial statements of the three Big C supermarkets of Thang Long, An Lac and Dong Nai show that the profits of some Big C supermarkets have dropped by 10% compared to the pre-transfer period in 2016. Besides, the Korean retail giant Lotte Mart is also reporting accumulated losses of up to VND800 billion. … [Read more...] about Vietnamese retailers seize opportunities to conquer domestic market

GDC reported that by the end of August, Vietnam had spent $2.136 billion, or VND50 trillion to import 95,929 cars of different kinds, of which imports from Thailand accounted for 50 percent. At least 56,792 products were imported from the country, worth $1.1 billion. … [Read more...] about Thai autos flooding Vietnamese market

Both indices were weighed down by market caution as investors waited for statements from the two-day US-China trade talks which closed on Friday (local time) in Washington. The two sides reportedly came up with a deal to postpone their dispute, but analysts and businesses remained uncertain about the feasibility of the agreement. … [Read more...] about Trade war worries lifted, but market growth flat: analysts