Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Japan’s Mitsubishi Corporation will develop Southeast Asia’s largest wind farm in Laos to supply electricity to Vietnam, where demand is expected to grow continuously. The 600-megawatt onshore project, the first wind farm in Laos, will be located in the…
Vietnam plans to tax 1.5 percent of annual e-commerce revenues of VND100 million ($4,297) and higher as part of leveling the field between traditional and online retail merchants. A decree with new regulations is set to take effect on August 1, but…
The Philippines is set to import a lot of rice from India at $100 cheaper per ton than Vietnamese rice as it diversifies its supply sources. A report by the Agricultural Products Processing and Development Department (Agrotrade) shows that in the first five…
Airlines have strengthened freight services and offer charter services and discounts on passenger fares as they seek to recover from the slump caused by Covid-19. Vietnam Airlines recently converted one of its Boeing 787-9 aircraft to transport 40 tonnes of…
National flag carrier Vietnam Airlines has received permission from U.S. authorities to conduct 12 repatriation flights this year, the first of which is scheduled for this month. The first flight will leave Hanoi on June 22 for Washington D.C. with a stop in…
Vietnam’s overloaded main bourse, the Ho Chi Minh Stock Exchange, next week will begin testing a new system from South Korea which it plans to use later this year. The system would have the capability to handle “many times more” transactions than now, Le Hai…
Capital gains taxes on securities surged 320 percent year-on-year in the first five months as new investors flocked to the stock market. They were one of the major contributors to personal income tax collection in the first five months, which rose by nearly…
Pegatron Corp, an assembler for Apple, Microsoft and Sony, plans to increase its investment in Vietnam for electronics production by $101 million. Taiwan’s Ministry of Economic Affairs, which has to approve overseas investments by local companies, as saying…
A fully-fledged cargo airline in Vietnam would boost logistics development and stir up competition in the aviation sector amid an e-commerce boom, experts say. “Vietnam needs a cargo airline to boost the transport of goods domestically and internationally. It…
Vietnam’s largest private company, Vingroup, has established pharmaceutical company Vinbiocare with a charter capital of VND200 billion ($8.6 million). Its focus will be on medicine, vaccines. Vingroup owns 69 percent of Vinbiocare Biotechnology JSC, its…
Vietnamese ride-hailing platform Emddi has raised $2 million at online fundraising event Virtual Investment Day hosted by venture capitalist ThinkZone Ventures. The fund will be used to invest in human resources and expand its market share, Emddi spokesperson…
Fares on Hanoi’s first metro will range from VND8,000-15,000 ($0.35-0.65). City authorities have also decided that a day pass on the Cat Linh – Ha Dong metro line for unlimited trips will cost VND30,000. A monthly pass will cost VND200,000 and half that for…
Private budget carrier Bamboo Airways plans to open flight routes to the U.S. with transit in Taiwan or Japan starting Q3. The airline has proposed to the U.S. Department of Transportation that is allowed to operate regular connecting flights – four to seven…
Vietnam’s benchmark VN-Index has surged 34.51 percent in the first half of this year, marking the highest increase in the world. Abu Dhabi was second with its stock market rising 33.06 percent, followed by Austria with 32.65 percent, according to China-based…
The Ministry of Industry and Trade wants employees at retailers selling essential goods to be prioritized for Covid-19 vaccination, saying they face a high risk of infection. It has made the proposal to the Government following demands from large retail…
Vietnamese exporters are struggling to send goods abroad despite high demand because of a nearly five-fold year-on-year surge in container shipping costs. Shipping costs from Asia to Europe rose above $10,000 per container for the first time on record last…
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