Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
IT recruitment firm TopDev has secured a million-dollar investment from South Korea’s leading recruitment company Saramin HR. The Ho Chi Minh City-based company said in a statement Monday that the deal, whose exact value it did not reveal, would be used to…
Le Hoang Diep Thao has transferred all shares in the Trung Nguyen empire she ran with her ex-husband, pursuant to their final divorce ruling. Thao, former deputy director of Trung Nguyen Group (TNG), is no longer on the company’s list of shareholders, TNG…
Vietnam’s share of US apparel imports has benefited as China’s share in the market is slipping in the wake of the Sino-US trade war. According to the US Department of Commerce’s Office of Textiles and Apparel, Vietnam’s share increased to 14.26 percent last…
January automobile sales fell by 52 percent over the previous month and 53 percent year-on-year, according to the Vietnam Automobile Manufacturers Association (VAMA). A total of 15,787 vehicles were sold last month, including 12,807 passenger cars, 2,757…
Seafood exports in January fell 25 percent year-on-year and are set to continue falling due to the novel coronavirus outbreak. They fell to $556 million, with exports of pangasius fish falling by 64 percent, octopus by 50 percent and tuna by 30 percent, the…
Former CEO of Grab Financial Group Vietnam, Nguyen Tuan Anh, is the new general director of Vingroup’s loyalty program VinID. Tuan Anh, who had left the ride-hailing firm last month, confirmed his new appointment with VnExpress, saying he had taken over last…
Retail sales in Vietnam’s commercial capital Ho Chi Minh City surged 11.2 percent last month to an estimated US$4.8 billion. But celebrations may be short-lived with the coronavirus impacting spending patterns in February and the early timing of Lunar New…
Vietnam’s central bank has decided not to cap foreign ownership of e-payment companies at 49 percent after consulting with experts. Foreign investment plays an important role in payment intermediaries’ functioning since they rely on technology, and limiting…
Textiles businesses, including several with no prior experience, have begun producing antibacterial masks after authorities announced a daily need of 10 million. At the beginning of last week, Toan, an employee of the Dong Xuan Knitting Company in the…
To meet rising demand for air travel between Vietnam and India as well as across the region, Vietjet has announced three new direct routes connecting Vietnam’s three largest hubs, Da Nang, Hanoi and Ho Chi Minh City, with two of India’s largest economic,…
Over 200 container trucks full of fruit stand idle near a northern border gate as the new coronavirus outbreak halts cross-border trade. Lees ook: Lippo Group Launches Web-Based E-Procurement Service Mbiz.co.id Lees ook: Globe Telecom Enhances Efficiency and…
Vietnam’s largest telecommunication service provider Viettel has climbed 126 positions to be ranked 355th most valuable brand in the world in 2020. Currently valued at VND134.9 trillion ($5.8 billion), up 34 percent compared to 2019, Viettel was placed 102nd…
Vietravel reported a VND14.1 billion ($606,000) loss in the last quarter of 2019 largely due to rising financing costs. Its profit margin slipped in the final quarter, with sales rising by 9.13 percent to VND1.45 trillion ($62.33 million) but cost of goods…
Vietnam’s largest pharmacy retailer Pharmacity has raised VND730 billion (US$31.8 million) in a fresh funding round as it ramps up its expansion plans. According to a statement, the new funding will be used for further store network expansion. However, the…
Vietnam Airlines and Jetstar Pacific will stop flights on some routes to China and reduce them on others amidst the ongoing coronavirus outbreak. National flag carrier Vietnam Airlines will suspend routes between Vietnamese localities and China’s Beijing,…
The consumer price index (CPI) in January jumped 6.43 percent year-on-year, the biggest increase seen in 7 years. It also rose 1.23 percent over last December, with the high increase this year attributed to the surge in eating out, shopping and travel demands…
Free background guides on how retail works in this market.
Vietnam
A young, urbanising market where modern trade is growing quickly, convenience and mini-supermarkets are the battleground, and Hanoi and Ho Chi Minh City beha…
Asia Market Guides · 10 min read
Vietnam
Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Vietnam.
Asia Market Guides · 8 min read
Vietnam
How last-mile delivery works in Vietnam, what drives cost per drop, and how to set a service promise you can keep.
Asia Market Guides · 8 min read
Vietnam
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Vietnam.
Asia Market Guides · 8 min read
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.