Foreign brewers strengthening foothold in Vietnamese beer market
Competition is getting tougher for domestic brewers as foreign rivals are increasing their share of the country’s output. Last year, both Saigon Beer-Alcohol-Beverage Joint Stock Corporation (Sabeco) and Hanoi Beer-Alcohol-Beverage Joint Stock Corporation (Habeco), the biggest brewers in Vietnam in terms of output, saw a marked decrease in their share of the country’s beer market. […]
US leading trade partner of Dong Nai
The United States was the leading trade partner of southern Dong Nai Province in 2015, Deputy Director of the provincial Industry and Trade Duong Minh Dung said. Sewers make garment for export in Dong Nai Garment Joint Stock Company. – VNA/VNS Photo Van Khanh Last year, the province exported more than US$4 billion worth of […]
FTAs lay the groundwork for industrial zones nationwide
Vietnam has entered the global economy via a range of free trade agreements, some already signed, and others expected to be signed in the near future. Chi Tran, research manager at Cushman & Wakefield Vietnam, explains her forecast for the development of industrial property in this particular context. Currently, Vietnam has 299 established industrial zones […]
Samsung expands CE Complex by $600 million
On December 29, the Management Board of Saigon High-Tech Park (SHTP) approved Samsung’s plan to expand its existing $1.4 billion Samsung Electronics Ho Chi Minh City Complex (SEHC) by more than $600 million, increasing the complex’s total investment capital to over $2 billion. Licensed in September 2014, the construction of the complex was started in […]