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Update news consumer goods
Although gasoline prices have dropped sharply, many products have merely decreased slightly or kept their old prices.
An online trade exchange conference on consumer goods between Vietnam and Japan will be held by the Ministry of Industry and Trade on June 30 to help domestic producers gain broader access to the Japanese market.
Consumer goods, health care, energy, construction materials, infrastructure, and technology are among the sectors with enormous potential for investment in Vietnam once the COVID-19 pandemic subsides, an expert has said.
The global spread of COVID-19 has had an insignificant impact on An Phat Bioplastics JSC’s performance in the first three months, shareholders were told on March 25.
Supermarkets in HCM City have worked with suppliers to ensure there is sufficient supply of goods at steady prices for the next two to three months, diminishing public fear of shortages.
Vietnamese conglomerate Vingroup said on December 3 it has entered into a share swap agreement to merge its retail and agriculture arms with Masan Consumer Holdings, to create the country’s biggest retail company.
The Gioi Di Dong, the largest mobile phone distribution chain, collects nearly VND1 trillion from selling kitchenware, while Vietjet, the second largest in aviation market share, is growing rapidly from selling rice and sandwiches.
Retail, consumer goods, and real estate are forecasted to lead the Vietnamese mergers and acquisitions (M&A) market in 2018. In addition, the value of the M&A market is forecast to stay above $6 billion.
VietNamNet Bridge - More and more players have joined the ice cream market recently.
VietNamNet Bridge – Recruitment demand for mid- and senior-level staff rose by 73 per cent in the first quarter compared to the same period last year,
VietNamNet Bridge - Priced at slightly above the selling prices of Chinese goods and better in quality, Thai consumer products have dislodged Chinese goods out of Vietnam and competed fiercely with Vietnamese products.
VietNamNet Bridge – Vietnam’s great potential in its mounting middle income class has become a target for future merger and acquisition deals.
VietNamNet Bridge - Vietnamese, the citizens of a low-average income country as listed by the World Bank, are known in the world as spendthrifts, a National Assembly deputy has said.
VietNamNet Bridge – Businesses have been mobilizing capital from all possible sources to pour into essential goods manufacturing projects and existing manufacturers have been scaling up their business.
VietNamNet Bridge – The Vietnamese M&A market heated up again in 2014 after a chilly 2013 with a higher number of deals completed and higher transaction value.
Thailand billionaire Charoen Sirivadhanabhakdi, who recently bought Metro Cash & Carry, a German distributor in Vietnam, is moving ahead with a plan to buy Sabeco, a brewery, and Vinamilk, a dairy producer.
VietNamNet Bridge – Masan Consumer Holding, the consumer goods arm of Masan Group (MSN), plans to spend VND1.62 trillion to buy back 18 million shares of the company by the end of this year.
VietNamNet Bridge – Pharmaceutical, consumer goods and chemicals have become the top industries in terms of wage increases in Vietnam this year,
VietNamNet Bridge – Large corporations have been silently pouring their money into other business fields after they can get a firm foothold in their core fields.
Despite the economic recession and the gloomy stock market, the shares of consumer goods enterprises have always been attractive in the eyes of foreign investors.