Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Rosatom, Russia’s state-owned nuclear company, has proposed offering its cutting-edge technology to assist in the construction of Vietnam’s Ninh Thuan 1 nuclear power plant. In a recent phone call, Rosatom’s CEO, Alexey Likhachev, assured Vietnamese Prime…
The Vietnam Mobility Show 2025 is slated to take place in Hanoi from December 26 to 28. This event will present the latest models of cars, motorbikes, and accessories, showcasing cutting-edge technologies and sustainable practices in the automotive industry.…
Gold bar prices in Vietnam experienced a significant increase on Monday morning, tracking the global rise in bullion rates. The price of Saigon Jewelry Company’s gold bars soared by 0.32%, reaching a record high of VND156.8 million (US$5,959.48) per tael. The…
On Friday, Vietnam’s key VN-Index experienced a significant drop of 3.06%, settling at 1,656.89 points, the lowest it’s seen since November 19. This marked the fourth consecutive session that the index has ended in negative territory. Trade Volume Soars on Ho…
In response to global trends, Vietnam witnessed a reduction in gasoline prices on Thursday afternoon. The well-known fuel RON95 observed a decrease of 1.86% from the previous week, resulting in a new price of VND20,080 (US$0.76) per liter. Biofuel and Diesel…
The National Assembly of Vietnam has directed the government to construct a strategic plan for establishing a gold trading exchange. This endeavor is in response to the escalating prices of gold and aims to control and regulate the bullion market. The Need…
Australian-imported Kaimana lychees are fast becoming a hot commodity in Vietnam, fetching as much as VND800,000 (US$30.35) per kilogram despite a scarcity of local varieties during the off-season. High Demand Despite High Prices Phuong, a fruit vendor in the…
Vietnam’s seafood exports have consistently shown strong growth, and they are on track to reach an unprecedented high this year, despite certain obstacles. In the initial 11 months of 2025, the total revenue from seafood shipments was over US$10.5 billion,…
Casino operators are voicing their concerns over a proposed plan by regulatory bodies to increase the monthly casino entry fee to VND50 million ($1,900). Some operators suggest this amount should instead be set as the annual entry fee. Increased Entry Prices…
As per a newly enacted legislation on Wednesday, sales of gold bars will now be subjected to a 0.1% tax, as declared by the National Assembly. However, the responsibility of determining the tax threshold and the schedule of implementation has been delegated…
By the end of November, Vietnam had exported approximately 225,000 tonnes of pepper, generating over US$1.5 billion in revenue. Despite a 4.4% year-on-year reduction in export volume, there was a 24.4% increase in revenue due to robust demand and consistently…
South Korean company Hyundai Rotem, a subsidiary of the Hyundai Motor Group, has entered into a technology transfer agreement with Thaco, a Vietnamese automaker. The deal will enable Thaco to manufacture rolling stock for metros and high-speed railway systems…
Vietjet is stepping into the regional travel season with its strongest operational readiness to date, marked by the arrival of a new A321neo ACF, registered VN-A580, and the airline’s unprecedented milestone of taking delivery of 22 aircraft within a single…
The price of gold bars in Vietnam witnessed a surge on last Friday morning, while global bullion rates continued to remain steady. The Saigon Jewelry Company saw a 0.72% increase in its gold bar pricing, reaching VND154.9 million (US$5,875.79) per tael. The…
On a recent Friday morning, the U.S. dollar experienced a minor depreciation against the Vietnamese dong, continuing its trend near a five-week low against major global currencies. Vietcombank, one of Vietnam’s most significant financial institutions,…
On Friday morning, the strength of the U.S. dollar saw a slight decrease against the Vietnamese dong, trading near a five-week low against major currencies. The Vietnamese-based commercial bank, Vietcombank, traded the U.S. dollar at a rate of VND26,408, a…
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