Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Vietnam Airlines and Jetstar Pacific will sell nearly one million seats on 4,700 domestic and international flights during the Reunification Day (April 30) and Labour Day (May 1) holidays from April 26 to May 5. Vietnam Airlines will sell nearly 800,000 of…
Lexus Vietnam on Monday introduced new Lexus RC 2019 – a luxury sports coupé. Taking the driving concept of “sharper and more graceful” that defined the LC, Lexus engineers have succeeded in making the new RC fun to drive by focusing their attention on…
Việt Nam’s insurance industry maintained positive growth in the first quarter of this year, with total premiums surging by 17 per cent year-on-year, according to reports from the General Statistics Office. Life insurance surged by 23 per cent, while non-life…
Vietnamese manufacturers are set to increase their selling prices following the 8.36 per cent hike in electricity price that launched from March 20. Việt Nam Cement Industry Corporation (VICEM) Bút Sơn announced it would increase the price of its cement by…
Vietnamese National Assembly Chairwoman Nguyen Thi Kim Ngan and her fellow dignitaries from the National Assembly attended the delivery ceremony for Vietjet’s brand new A321neo, registered as VN-A600 at Airbus’s factory in Toulouse (France) yesterday. This…
Vingroup has acquired 87 Vietnamese Shop&Go convenience stores for just US$1. Vingroup’s retail arm VinCommerce, which manages Vinmart supermarkets and Vinmart+ convenience stores, will upgrade infrastructure, staff and goods at the acquired stores by the end…
Central Group has closed its Robins Vietnam online fashion store to concentrate on its physical stores. On its website, Robins Vietnam announced the end of online business from this week, referring customers to its two Robins department stores, at Vincom…
Vietnam will not import plastic scrap from 2025 and will deal with the scrap consignments stuck at ports, the government has said. It has ordered the Ministry of Natural Resources and Environment to work with other government bodies to eliminate unnecessary…
Vietnamese tech giant FPT and Singaporean ride-hailing firm Grab will work together on smart city solutions, AI and smart payments. The two companies signed a strategic partnership agreement to this effect Friday. Specifically, they will cooperate on piloting…
Vinamilk’s bid to acquire a 49 percent stake in GTN Foods, which owns 51 percent of Moc Chau Milk, has been rejected. The board of GTN Foods passed a resolution turning down the public offer made by Vinamilk, Vietnam’s largest dairy company. It would have…
Japan’s J Trust has expressed interest in acquiring a stake in Vietnam Construction Bank, one of three weakest state-owned banks in the country. Nobiru Adachi, senior managing director and executive officer of finance firm J Trust, told Deputy Prime Minister…
Go-Viet has confirmed that its general director and deputy general director have quit their positions. General director Nguyen Vu Duc and deputy general director Nguyen Bao Linh have resigned from their positions, the Vietnamese ride-sharing firm announced…
Vietnam’s coffee exports in Q1 are expected to fall 15.3 percent from a year earlier to 477,000 tonnes, government data showed Friday. Coffee Coffee exports from Vietnam will likely fall an estimated 15.3 percent in the first quarter of this year from a year…
It was one of four initiatives the company outlined in the “Future of Security” roadmap it launched. Visa said the roadmap focuses on a number of key initiatives that would enable security to evolve at the same pace as the technologies changing the way of…
ComfortDelgro Savico Taxi, a joint venture between a Singaporean transport corporation and Vietnamese motor vehicle dealer, lost $103,000 last year. This figure is mentioned in the latest financial statement published this month by local retail, motor vehicle…
The aim of both My and Tri was to open shops that sell high-end made-in-Vietnam fashion products in the US. “What I am concerned about is whether we can approach a new market after the event. I attended fashion week not just to polish the brand name, which…
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