Vietnamese consumers second-most optimistic in Asia-Pacific
Vietnamese consumers are the second-most optimistic in Asian-Pacific markets, according the latest survey on consumer confidence conducted by MasterCard.
Vietnamese consumers second-most optimistic in Asia-Pacific (Photo: VNA)
Hanoi (VNA) – Vietnamese consumersare the second-most optimistic in Asian-Pacific markets, according the latestsurvey on consumer confidence conducted by MasterCard. Vietnam’s Consumer Confidence Index stood at ahigh level of 90.8 points, just after Cambodia with 93.1 points.
The average points for Asian-Pacific countrieswere 66.9, a slight increase from 62.7 points reported six months ago, mainlydue to bright prospects of the stock and job markets.
From April-June 2017, MasterCard asked over9,000 consumers aged 18-64 years from 18 Asian-Pacific countries to give asix-month outlook on five economic factors, including the economy, employment,income prospects, stock market and quality of life.
𝔉The index is calculated on a scale of 0 to 100,with zero as the most pessimistic, 100 as the most optimistic and between 40and 60 as neutral.-VNA
Vietnam ranks the fifth most optimistic country globally with an index score of 117 in the latest Consumer Confidence Index released by Nielsen, its highest score in the past five years and up five points from the last quarter of 2016.
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The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Vietnamese consumers second-most optimistic in Asia-Pacific (Photo: VNA)
