The units that make and import motorbikes have to publicize information about the fuel consumption level before labeling. The energy labelling must be maintained by production, import and trade facilities until products are delivered to customers. 3/ Cars will have to satisfy the new emission standards. … [Read more...] about New policies to cause big changes to vehicle market in 2020
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Catfish firms seek to exploit domestic market
Catfish farmers and exporters experienced a tough 2019 year as the export markets were gloomy and the catfish prices fell sharply. By the end of November 2019, Vietnam’s catfish still could not escape the minus growth rate compared with the same period of 2018. According to Thien, this was foreseen two years ago. As the catfish prices escalated, farmers rushed to farm catfish. Some farmers even doubled their farming areas, thus leading to the oversupply. … [Read more...] about Catfish firms seek to exploit domestic market
Serviced apartments face fierce competition in Hanoi market
“The competition was strongest in the grade C serviced apartments. The serviced apartments face strong competition from apartments for sale. The individual investors had bought those Grade A and Grade B apartments for sale and then leased them. Those apartments have enough essential amenities,” Hang said. … [Read more...] about Serviced apartments face fierce competition in Hanoi market
Supply and demand for housing still imbalance
Within the next two decades, Vietnam will reach a “golden population” period, where 25 percent of the population would age between 10 and 24. As a result, hopes are high that the average housing segment will receive more support from the Government. … [Read more...] about Supply and demand for housing still imbalance
Shares retreat on low liquidity
BVSC said investors should take advantage of market’s prior Tet sessions to buy, sell and hold stocks. In addition, investors can safely hold and maintain a proportion of stock exposure through the Tet holiday with 80 per cent probability the market will continue to increase after Tet. The market often receives support from booming transaction volumes and values. … [Read more...] about Shares retreat on low liquidity
