Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Vietnam Airlines Group posted pretax profits of VND3.29 trillion ($142 million) in Jan-Sept, up 35.7 percent year-on-year. This is the highest profit it has earned in the last five years. The group, comprising Vietnam Airlines, Jetstar Pacific and Vietnam Air…
Apple’s market share fell to 5.6 percent in September, its lowest level this year, with buyers apparently waiting for its next product. This kept its iPhone in fourth place, behind Xiaomi, which had a 10.7 percent share, according to a report by market…
Smartphone maker VinSmart says it will launch its first 5G smartphone next July, and use its own 5G stations and equipment. “We have built a lab for researching and developing 5G smartphones and other 5G telecom equipment,” Ngo Hoang Anh, head of the…
Viettel Global has posted pre-tax profits of VND1.55 trillion ($67.1 million) this year, after seeing losses in Jan-Sept last year. The turnaround has happened thanks to strong revenues in Southeast Asia. Half of the telecom giant’s VND12.4 trillion ($537.3…
The operator of The Royal Casino in Ha Long Town posted VND8 billion ($345,000) in Q3 post-tax profit, mostly from its lodging business. This is the first quarterly profit that the company, Royal International, has made, even though all four quarters last…
Vietnam’s biggest brewer Sabeco reaped VND90 billion ($3.87 million) in revenue a day in January-September, a double-digit rise. In its latest financial report, the Saigon Beer Alcohol Beverage Corp reported revenues of over VND28.3 trillion ($1.22 billion)…
Vietnam’s aircraft fleet, at 200 now, will quadruple by 2038 as air travel demand increases and the market sees new players. These figures were cited by Darren Hulst, aircraft manufacturer Boeing’s marketing director for China & Northeast Asia, at a recent…
Vietnam restaurant chain Mon Hue has closed down without notice, evidently unable to pay its debt. Restaurants under the Mon Hue brand along with sister chains including Pho Ong Hung and 99 House of Pho, have been shuttered and the company’s websites and…
Japanese department-store operator Takashimaya is banking on its Vietnam and Thailand flagships to drive growth this year as it seeks to achieve profitability in its Southeast Asian business. To date, Singapore has been the sole profitable store outside…
VinFast, which aims to become Vietnam’s first domestic car manufacturer, said it has secured a 12-year credit facility for as much as $950 million to help buy machinery and equipment from German suppliers. The company, a unit of Vietnam’s largest conglomerate…
Saigon retail rents are rising with space in the CBD hitting an average of US$135.50 per square meter in the third quarter, up by 5.8 percent year-on-year. According to a report by real-estate company CBRE, the average monthly rents outside the CBD were only…
Coffee chain Starbucks has temporarily closed seven outlets in Hanoi, Vietnam as the city copes with serious oil contamination of its water supply. According to a customer service staff member, the Starbucks Hanoi stores are closed in areas where water comes…
Japanese casual wear retailer Uniqlo plans to open a 3,000-square-meter store in downtown HCMC at the end of this year. Its first store in the country, at Parkson Saigon Tourist Plaza in District 1, would be one of its biggest in Southeast Asia, the company…
The textile industry, Vietnam’s key exporter, faces hurdles to further development since it is stuck in the low-value segment of the supply chain. Nguyen Thi Xuan Thuy, director of the Ministry of Industry and Trade’s Centre for Supporting Industrial…
Coffee shop giant Starbucks has temporarily closed seven stores in Hanoi’s southwestern districts over the ongoing oil contamination crisis. A customer service agent said Friday that the closed stores are located in Cau Giay, Ha Dong and Nam Tu Liem…
A senior Amazon official says the firm sees Vietnam’s potential but has not decided on a time to launch services for Vietnamese buyers. Bernard Tay, head of Amazon Global Selling Southeast Asia, Australia and New Zealand, said at an event Thursday that the…
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.