Posts Tagged ‘ Foreign-made ’

Consumers shell out cash for foreign goods

December 22, 2009
Consumers shell out cash for foreign goods

LookAtVietnam – Vietnamese consumers are so fond of foreign made products that they would purchase the goods at exorbitant prices. The cookies on saleConsumers are now turning to purchase of foreign-made products carried to Vietnam by travelers. They believe that foreign made goods are always superior and also cheaper since they are not subject to [...]

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Suppliers of foreign dairy products may still be forced to register prices

October 16, 2009
Suppliers of foreign dairy products may still be forced to register prices

The Price Control Agency under MOF is attempting to force foreign dairy product suppliers  to register prices. In an attempt to control dairy product prices, the Tax Policy Department previously attempted to set a ceiling price on dairy products. However, the plan was criticised by experts as unfeasible. Deputy minister of MOF Tran Van Hieu said [...]

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Vietnamese businesses complain public procurement favors foreigners

September 22, 2009
Vietnamese businesses complain public procurement favors foreigners

LookAtVietnam – The success of the ‘Buy Vietnamese goods’ campaign depends heavily on the purchasing decisions of government agencies. Government agencies prioritize foreign salesmen bearing gifts Though it calls on citizens to show their patriotism by using Vietnam-made goods, the biggest consumer of all, ironically, has not given prioritiy to purchasing Vietnamese goods. While that’s the case, [...]

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As demand for luxury grows, can Vietnam’s fixture makers grow with it?

September 15, 2009
As demand for luxury grows, can Vietnam’s fixture makers grow with it?

LookAtVietnam – Vietnamese bathroom faucet and fixture manufacturers make high quality products, but not yet for the domestic market. High quality – for export only Do Duc Duy, Chief Representative of the southern branch of Viglacera, a famous name brand in Vietnamese bath fixtures, explained: “We focus on medium-class products with reasonable prices. Viglacera is also [...]

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Losing control over traditional markets, domestic products unsalable

September 10, 2009
Losing control over traditional markets, domestic products unsalable

VietNamNet Bridge – Nearly 90 percent of goods in Vietnam are being distributed through traditional distribution channels. Meanwhile, Vietnamese producers have lost control over traditional markets. Vietnam’s retail network distributing foreign-made products Dong Xuan, one of the most famous wholesale markets in Vietnam, located in the central area of Hanoi, now looks like a Chinese market. According [...]

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The paradox in the domestic market

August 28, 2009
The paradox in the domestic market

LookAtVietnam – Vietnamese businesses have focused on making products to sell abroad at low prices, while they have not paid much attention to selling products in the domestic market. Van, who works for a telecom company in Hanoi, said that she purchases ‘made in Vietnam’ clothes and leather shoes made by Vietnamese companies under outsourcing [...]

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‘Buy Vietnamese goods’: Necessary to create confidence in Vietnamese goods

August 18, 2009
‘Buy Vietnamese goods’: Necessary to create confidence in Vietnamese goods

LookAtVietnam –  Economist Le Dang Doanh said that in order to persuade Vietnamese consumers to use Vietnamese goods, producers have to provide high-quality products and win consumers’ confidence. Well-known economist Le Dang Doanh Doanh: Launching the ‘Buy Vietnamese goods’ campaign is a right way of thinking. First of all, I think that the Government needs to [...]

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Made-in-Vietnam goods to dominate supermarkets?

August 17, 2009
Made-in-Vietnam goods to dominate supermarkets?

LookAtVietnam – Vietnamese goods have returned to the more prominent positions on store shelves these days; some say this heralds a growing trend of buying local. Though the import tariff on materials used for making dairy products has increased by 14 percent, Hancofood, a domestic dairy producer, does not intend to raise sale prices.   The [...]

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Government should set an example in the ‘buy Vietnam’ campaign

August 11, 2009
Government should set an example in the ‘buy Vietnam’ campaign

VietNamNet Bridge – The call to use Vietnam’s goods should spur people to find ways to develop inner strength. Senior economist Pham Chi Lan Pham Chi Lan is former Deputy Chairwoman of the Vietnam Chamber of Commerce and Industry, a former Member of the Prime Minister’s Research Team, and Deputy Director of the Institute for Development [...]

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In the clothing market, domestic brands struggle

July 16, 2009
In the clothing market, domestic brands struggle

Up to now, companies like Legafashion, Mot, Viet Tien, Ninomaxx and Nha Be have not been able to wrest signficant market share from high end foreign brands. Experts still talk about the ‘P’ fabric company’s failed launch of a high class tee shirt line a few years ago.  The company planned to sell shirts made [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...