February 28, 2011
A cyclo driver talks on a cell phone in downtown Ho Chi Minh City. Local cell phone brands targetting the lower-end market segment are doing well in Vietnam. Business is blooming for local cell phone brands targeting the lower-end market segment. Handset retailers said cell phones priced at more than VND6 million (US$280) only account [...]
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August 26, 2009
LookAtVietnam – The brokerage service market for foreigners is still being controlled by leading companies. Meanwhile, there have been big changes with the market for domestic investors. There are two factors that decide which securities companies win in the race for market shares: brokerage services and capability of providing added services. The changing picture In the second quarter [...]
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April 28, 2009
Construction workers walk past the site of the Saigon Pearl project in Ho Chi Minh Cityâs Binh Thanh District. Property speculators are having a bad time in Ho Chi Minh City with buyers choosing to buy apartments directly from developers who are offering low prices, insiders said. Lam Van Chuc, director of Phuc Duc Real [...]
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April 8, 2009
March proved to be another dismal month for Vietnam automakers, as low consumer confidence and the ongoing economic decline kept car buyers away from showrooms. The 17 leading domestic automakers saw sales decline 14 percent compared to March of 2008, selling just 11,316 vehicles in the past month, according to the Vietnam Automobile Manufacturers Association [...]
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March 19, 2009
LookAtVietnam – Foreign brands topped the list of best-selling electronic products in Vietnam last year under the fifth survey conducted by the market research group GfK, which said the local technology market still fared magnificently despite the economic slump. In the segment of LCD monitors and LCD TVs, Samsung took the lead while Nokia continued [...]
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March 16, 2009
The U.S. space shuttle Discovery lifted off on Sunday from Cape Canaveral, Florida, on a mission of delivering the International Space Station’s (ISS) fourth and final set of solar array wings, completing the station’s truss, or backbone. Space shuttle Discovery astronauts (L-R) Koichi Wakata of Japan, John Phillips, Richard Arnold, Steve Swanson, Joseph Acaba, Pilot [...]
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