ABB Robotics Technical and Service Centre in Bac Ninh province. Vietnam Economic Times reported that Sweden’s environmental solutions provider Saltec International AB (Saltec) has been fostering cooperation with Lam Son construction and trading limited company in executing a wastewater treatment project worth some US$50,000. The Saltec had previously set foot in the Vietnamese market via its provision of equipment for Bai Bang paper mill in the northern province of Phu Tho. The factory was built in late 1982. The firm wishes to grasp business opportunities in Vietnam as the local industrial waster and wastewater treatment industry remains fledgling and has strong demand for cutting-edge technologies and investments from European countries, said Denny Wallberg, CEO of the Saltec. Meanwhile, Marko Kunerus, sales director of Sweden’s wastewater treatment solution provider Hydria Water said his firm is managing to work with some local businesses in search for market … [Read more...] about Swedish firms eager to tap Vietnamese market
Vietnamese market
Korean investors make bigger influence in Vietnamese market
The Hanoitimes - Experts forecast South Korean investors will continue pouring more into the Vietnamese market by M&A or directly compete with local firms. South Korean’s ride-hailing app Tada to offer service in HCM City this month South Korea’s leading corporations tap into Vietnam’s finance - banking sector South Korea’s MBI Group heats up competition in Vietnam electric scooter market South Korean firms show CSR toward Vietnam Many Korean giants are boosting their investment in Vietnam with an aim to raise their influence in the local market. Lotte Center Hanoi trade complex began operations in 2014 After acquiring Ciputra Mall from Nam Thang Long Urban Area Development Co., Ltd in 2017, Lotte Group has recently prepared to kick off the construction of the US$600-million project in Hanoi. Designed to accommodate 1,200 shops, 48 restaurants and cafés, a supermarket of 8,500 square meters, a cinema, and 71,000 square meters … [Read more...] about Korean investors make bigger influence in Vietnamese market
Japanese-standard dairy products to enter Vietnamese market
Vietnam Nutrition Food JSC (NutiFood) and Japanese beverage group Asahi, announcethe establishment of Asahi-NutiFood joint venture.(Photo: news.zing.vn) HCM City (VNA) – Vietnam Nutrition Food JSC (NutiFood) and Japanese beverage group Asahi, the owner of baby food brand Wakodo, on January 10 announced the establishment of their joint venture, aiming to bring nutritional products for children that fit Japanese standards into Vietnamese market. The joint venture, called Asahi-NutiFood, is set up to take advantage of each side’s strengths, with NutiFood having long-term business experience, extensive distribution channels and deep understanding of Vietnamese children’s nutrition, and Asahi holding expertise in production of high-quality powdered milk and baby food. In the initial phase, the nutrition products, made under the advice of NutiFood experts to suit Vietnamese children, will be directly imported from the Japan-based factories of Asahi. According to … [Read more...] about Japanese-standard dairy products to enter Vietnamese market
Japanese goods make their own way to enter Vietnamese market
Consumers buy Japanese sushi at an Aeon Mall shopping centre in Ho Chi Minh City (Photo: VNA) Hanoi (VNA) – The Vietnamese market has seen an increasing amount of Japanese goods winning locals’ predilection. An array of supermarkets and convenience stores selling Japanese products have opened in Vietnam in recent years, including AEON, Ministop, Family Mart, Tokyo Deli, Gyu-Kaku and Osaka Ohsho. Experts said Vietnamese consumers are ready to spend big on safe and high-quality food, products Japan has strength in. The revenue of safe vegetables sold at Japanese supermarkets in Vietnam has surged by more than 200 percent annually in recent years, and it is predicted to keep growing sharply. Meanwhile, Japanese restaurant chains have also developed fast in a short period of time. According to the Asia-Africa Market Department of the Ministry of Industry and Trade (MoIT), Japanese products have gained the trust of global consumers, including Vietnamese, because they … [Read more...] about Japanese goods make their own way to enter Vietnamese market
Japanese consumer goods producers explore Vietnamese market
“Good Goods Japan 2018” was held in Ho Chi Minh City on December 4. (Photo: congthuong.vn) HCM City (VNA) – “Good Goods Japan 2018”, a business networking event for Japanese high-quality household commodities and consumer goods, was held in Ho Chi Minh City on December 4, drawing the participation of nearly 50 Japanese firms who want to boost exports to Vietnam, and some 100 domestic businesses. Organised by the Japan External Trade Organisation (JETRO), the event featured a wide range of top-quality and unique products, from child care, kitchenware to cosmetics and stationery. The Japanese enterprises met with Vietnamese importers and distributors to introduce the convenience and quality of their products. According to Chief Representative of JETRO Ho Chi Minh City Koji Takimoto, as this was the second edition of Good Goods Japan in Vietnam following the first in 2015, the event received special attention from Japanese suppliers and positive … [Read more...] about Japanese consumer goods producers explore Vietnamese market