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Viet Nam: The Quiet Economic Success Story Of Asia Viet Nam: The Quiet Economic Success Story Of Asia

The signs of Viet Nams economic development are visible on the skyline of HCM City, or Saigon as it is still referred to by most who live here.


TPP officially signed, promising benefits for Asia Pacific citizens TPP officially signed, promising benefits for Asia Pacific citizens

Trade and economy ministers from 12 countries signed the Trans-Pacific Partnership (TPP), the biggest trade deal in history, in Auckland, New Zealand yesterday.


Clients warned about borrowing risks Clients warned about borrowing risks

Consumers have been urged to think twice before using borrowing for consumption from commercial banks and financial companies as they rush to prepare for Tet (Lunar New Year Festival).


Real estate inventory drops as market deals taper off Real estate inventory drops as market deals taper off

The real estate sector reported a reduction of VND1.75 trillion (USVND1,738,386 million) in inventory in January from last month to an estimated value of VND49.1 trillion VND (VND48,906 billion).



Automobile sales, manufacture enjoy surges Automobile sales, manufacture enjoy surges

(Feb 06, 2016)

Manufacture, assembly and sales of automobile products of Toyota Vietnam and Honda Vietnam in the northern province of Vinh Phuc have had a sharp gain in recent years thanks to new strategies from the manufacturers.

Car rental prices to double during Tet

The cost of automobile rentals has risen as much as 20-100 per cent as Tet (Lunar New Year) approaches, according to rental car agencies.

Petrolimex admits fuel causes engine failure, claims mix-up

Gasoline distributor Petrolimex Sai Gon yesterday admitted their A95 fuel had caused engine failure in several cars.

Vinamotor has new general director

The Management Board of the Viet Nam Motor Industry Corporation Joint Stock Company (Vinamotor) appointed Nguyen Hai Trung as the new general director of the company on February 2.

Low quality hits sale of made-in-China trucks

The import of made-in-China automobiles to the Vietnamese market were successful in 2015 as their prices were much lower than others in the same segment.

VN successfully negotiates automobile agreements with Russia, Belarus

Viet Nam has completed negotiations on bilateral agreements on automobile manufacturing and assembling with Russia and Belarus, according to the Ministry of Industry and Trade.

Euro Auto grows consistently in VN market

Euro Auto - the authorised importer of BMW brand – showed consistent growth in 2015, at over 40 per cent compared to 2014, in the Vietnamese market.

Pricol to set up auto component plants in Mexico and Vietnam

Coimbatore based automotive components manufacturer Pricol Limited plans to set up plants in Mexico and Viet Nam and looks forward to making acquisitions in Europe to access the market as part of its vision 2020.

Viet Nam's auto imports shoot up

Viet Nam imported 125,663 completely built-up units (CBUs) in 2015, worth more than US$2.98 trillion, marking a 77 per cent and 89 per cent year-on-year increase in quantity and value.

VEAM targets VND10.5 trillion in earnings this year

The Vietnam Engine and Agricultural Machinery Corporation (VEAM) targets earning more than VND10.5 trillion  (US$467.56 million) in revenue this year, a 6 per cent increase compared with last year.

Record sales for Ford Viet Nam in 2015

Ford Viet Nam saw record sales in 2015, selling 20,740 units, a significant rise of 48 per cent over the previous year.

Second Aeon Mall to open in HCM CitySecond Aeon Mall to open in HCM City

Aeon, the largest retailer in Japan, will open a second mall in the city's Binh Tan District in July, following the success of its first mall in Tan Phu District.

Consumer confidence holds back e-commerce growthConsumer confidence holds back e-commerce growth

Viet Nam News Agency reporter Tran Trung interviewed Tran Van Trong, deputy chief of the Viet Nam E-commerce Association, regarding the potential customers of e-commerce.

Viet Nam telecom firms all set for 4G race Viet Nam telecom firms all set for 4G race

On January 18 Viet Nam Posts and Telecommunications Group (VNPT) began commercial testing of its 4G, or fourth generation mobile telecom technology, services in HCM City and the Phu Quoc Island, with speeds reaching as high as 100 Mbps.

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