Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Elite Vietnamese students are increasingly opting for South Korean universities like Seoul National University and KAIST over institutions in the US and Europe, driven by interest in advanced tech and strong industry links. South Korea is now the top…
Cosco Shipping International (Singapore) is setting sights on increased investment in Vietnam, Malaysia, and Indonesia within the next three to five years, in anticipation of a surge in Southeast Asian trade. The firm’s president, Jiang Kai, expresses a…
The U.S. dollar experienced a slight increase against the Vietnamese dong early Friday, while maintaining a stable position against other major global currencies. The uptick saw the dollar traded at VND26,270 by Vietcombank, reflecting a 0.08% rise from the…
The average price of hotel rooms in Ho Chi Minh City (HCMC) experienced a 20% increase on a year-by-year basis in the second quarter, reaching VND2.4 million (US$92) per night as a result of robust demand. This surge in demand was largely fueled by…
Citi Research has increased its prediction for Vietnam’s GDP growth in 2026 to approximately 8%, motivated by the country’s better-than-predicted economic performance and sturdy exports. This new forecast was announced during Citi’s economic prospect seminars…
On Thursday, gasoline prices in Vietnam experienced a modest decline compared to the previous week. The widely used E10 RON95 gasoline dipped by 0.94%, bringing the price down to VND22,110 (approximately US$0.85) per liter. There was a slightly larger drop in…
In the first seven months of this year, Vietnam experienced a significant boost in its pepper export industry, achieving a total value of US$1.08 billion, which reflects a 10.1% increase from the same period last year. According to data from the Vietnam…
In July, Vietnam experienced a significant boost in its textile and garment exports, with an estimated total worth of US$4.7 billion. This figure represents a 4.3% increase compared to the same period in the previous year, per official data. The notable July…
In the first half of 2026, China increased its durian imports from Vietnam by 43%, reaching a sum of US$988 million. With a promising harvest, this robust growth is anticipated to persist. The General Department of Customs reported that durian represented…
The U.S. dollar experienced an increase against the Vietnamese dong on Wednesday morning while remaining largely stable against other major currencies. The greenback was sold at VND26,330 by Vietcombank, marking a slight increase of 0.04% from Tuesday’s rate.…
On Wednesday morning, gold bar prices in Vietnam observed an increase, correlating with the global surge in bullion rates. The gold bar price, represented by the Saigon Jewelry Company, saw a rise of 0.21%, reaching VND143.8 million (US$5,503.99) per tael.…
Over a year ago, Chinese fast-fashion retailer Shein embarked on an ambitious plan to make Vietnam its main export base. Shein started leasing 15 hectares of warehouse facilities near Ho Chi Minh City, which is approximately the size of 21 football pitches.…
The surge in international flights operated by Vietnamese airlines has led to a reduction in airfare, even during the peak summer travel period. This is evident from the noticeably lower fares to popular destinations like Singapore and Thailand which are…
The Vietnamese coffee chain Cong Ca Phe has announced its foray into the Indonesian market, with the opening of its first branch in Jakarta in the forthcoming months. This strategic move aims to cement the Hanoi-based brand’s global presence by penetrating…
Property buyers who invested in under-construction apartments in Hanoi are facing difficulties in selling their properties due to falling prices and high mortgage rates. These speculators had capitalized on the previously increasing prices, expecting to make…
On Saturday, Vietnam witnessed a surge in gold prices, reaching the highest level since July 22. This rise coincides with the global increase in the value of the precious metal. Vietnam’s Gold Market Saigon Jewelry Company’s gold bar experienced a price…
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