Local economists believe that the surge in modern retail locations will stimulate domestic consumption and enhance market access for Vietnamese products.
Viet Nam is on the list of countries subject to reciprocal tariffs of up to 46% by the US and is currently in the process of negotiation. People spending more money on...
Domestic consumption has rebounded positively, contributing to the 7.09% economic growth recorded last year. However, consumers continue to adopt a cautious approach to...
Enterprises importing aquatic raw materials for export production or processing for export transferred to domestic consumption encounter difficulties in implementing...
Enterprises importing aquatic raw materials for export production or export processing for domestic consumption encounter difficulties in implementing quarantine.
Prime Minister Pham Minh Chinh on August 27 signed a directive on the development of the domestic consumption, production-business, and market.
Domestic consumption is likely to lose steam as consumers face uncertainties, along with changes to shopping trends. Meanwhile, businesses have reported it's...
Since the beginning of this year, a diverse range of foreign products have entered the Vietnamese market, with Ho Chi Minh City experiencing a surge across various...
Domestic consumption is one among three drivers for growth, besides investment and export, and is the only pillar which finished the target last year with the total...
One of the "keys" to economic development in 2024 is to stimulate domestic demand in tandem with increased output, but numerous hurdles remain.
The food industry is one of the key industries prioritized for development by the Government of Vietnam from now to 2025, with a vision to 2035, playing an important...
Việt Nam has been focusing on exporting fruits rather than meet domestic demand, leading to a monopoly by imports, analyst said.
The service sector was strengthened in July by a pickup in domestic tourism and domestic consumption, which helped the economy recover.
Last October, Vietnam’s Government pivoted from a “Zero Covid” approach to a “Living with Covid” approach, which drove a reopening boom.
Investment, export and domestic consumption are defined as three main pillars of the country's economic development in 2022, according to economist Vu Vinh Phu.
Some service sectors, such as tourism, transportation, and others, have been hit hard in 2021 due to strict movement control. However, it is expected to recover in 2022.
The estimated sale of Vietnamese cement products reached 70.7 million tonnes in the first eight months of 2021, up 4 percent year-on-year, in which, domestic consumption...
Public investment, exports, and domestic consumption continue would be the three key factors for Vietnam’s economy this year.
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