Competitive days ahead for retail sector
(Oct 16, 2014)
Viet Nam will be opening its retail market in 2015 in line with its commitments to the World Trade Organisation.This is expected to create challenges for the domestic retail market, as
well as opportunities for the domestic retail property market. Ngo Thi
Huong Giang, Savills Viet Nam senior manager for research and
consultancy, discusses the issues with Viet Nam News.
A member of the Bayer AG board, Michael Koenig,
paid his first visit to Viet Nam recently. Viet Nam News asked him and
David Champion, general director in Viet Nam, about their company's
mission of ‘science for a better life'.
Viet Nam News speaks with Marko Walde, the chief
representative of AHK Viet Nam / German Industry and Commerce Viet Nam,
about investment flows from Germany into Viet Nam and trade between the
Viet Nam will be exporting litchi and longan to the United States and is
preparing to export more fruit when it joins the ASEAN Economic
Community (AEC) next year.
Roland Berger Strategy Consultants and DKSH have published their latest
Global Market Expansion Services (MES) report, which highlights
digitization and how it is impacting corporate business models. Leonard Tan, General Director, DKSH Viet Nam, speaks about the role of digitization in the MES industry.
Nguyen Mai, president of the Viet Nam Association of Foreign Invested
Enterprises (VAFIE), talked to reporters about the development needs of
domestic support industries.
ONP-Viet Nam, a US company that manufactures wood products for exports,
has been in Viet Nam since 2010. Patrick McNeal, its President and
General Director, speaks to Viet Nam News about entering foreign markets
and his company's experience with exports.
The steel industry is the key to the development of heavy industry,
including car making and shipbuilding. However, the sector is facing
many difficulties. Viet Nam News reporter Mai Huong interviewed An Sung Gu, chief
representative of one of Viet Nam's largest steel producers, Posco-South
Asia Ha Noi, about the issue.
Viet Nam's cement production has met domestic demand since 2010 but has
surpassed it since 2012 because of declining consumption resulting from
Mechanical engineering is the key to the growth of Viet Nam's
underdeveloped car industry, which is plagued by too many small
operators, limited production of sophisticated components and a low
The Government has signed Decision 888/QD-TTg
approv-ing the restructuring plan of the Viet Nam Post and Telecom Group
(VNPT) for the 2014-15 period.