Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Vietnamese military-owned operator Viettel has announced that its subsidiary in Laos Unitel has become the first mobile operator in the market to launch eSIM technology. The Unitel eSIM service was introduced at the beginning of March, and Unitel is aiming to…
Coffee farmers in Vietnam, the second biggest producer of coffee in the world, can reduce their carbon (CO2) footprint by growing different plant species alongside coffee. These are the findings of a new report titled Source or sink? The carbon footprint of…
Gido has launched an express cross-border delivery service from China to Vietnam, promising three working day turnaround. All parcels shipped by Gido are offered at the price US$1.95, including customs clearance. Customers can submit information about the…
Vietnam’s deputy prime minister Vu Duc Dam has thrown his support behind the adoption of 5G in the nation, stating that 5G will be crucial to Vietnam’s development. During the recent ASEAN Conference on 5G, the deputy prime minister acknowledged that the…
Soy-milk retailer Mr Bean has entered into a franchise agreement with EGroup to launch 200 stores in Vietnam. The stores will be rolled out gradually over the next decade, following the first five locations in Hanoi and Ho Chi Minh City, which opened…
Vietnamese ride-hailing firm FastGo is set to launch Singapore operations in April as part of its regional expansion plans. The nine-month old Vietnamese start-up has announced that drivers will be able to register on its ride hailing application from April…
Forty-eight percent of Vietnamese consumers buy premium products online from local retailers, with cosmetics the top category, a report says. Although the majority of survey respondents, 69 percent, said that they still purchase their premium products at…
From an e-hailing app, Grab has made great steps forward, providing many different services. Most recently, it started the payment service GrabPay and lending service Grab Financial. The consumer lending market in South East Asia is very large. As estimated…
A former ANZ Bank employee will be tried for allegedly falsifying customers’ signatures and misappropriating over VND91.3 billion ($4 million). Ho Chi Minh prosecutors have submitted to the court an indictment against Nguyen Pham Gia Tho, a former employee of…
Vietnam’s power prices went up 8.36 percent Wednesday after remaining unchanged for two years. A senior official of the Ministry of Industry and Trade told that prices have gone up from VND1,720 (7.4 cents) per kWh to VND1,864 (8 cents), exclusive of VAT. The…
The number of Vietnamese people making mobile payments in stores this year has grown fastest globally by 24 percent. A survey by the audit, tax and consulting services provider PwC found 37 percent of the respondents making mobile payments in 2018, but it…
Hanoi is considering limiting the registration of new motorbikes in the downtown area from next year to reduce traffic jams. It will start with the districts of Hoan Kiem, Hai Ba Trung, Ba Dinh, Dong Da, and Tay Ho, and will expand to the districts of Cau…
With 53 per cent of its population using the internet and nearly 50 million smartphone subscribers, Vietnam’s e-commerce market is expected to beat the previous revenue forecast of $10 billion in 2020 and may reach $15 billion, according to experts. The…
The Hanoi People’s Council has proposed 15 days of free travel after the first metro line opens. The proposal, released for public comment Friday, will apply once the Line 2A: Cat Linh-Ha Dong elevated railway starts operating commercially. The city also…
Vietnamese consumers are embracing digital payments as a faster and more convenient way to pay, with consumers using their credit and debit cards more often for in store and online purchases, according to figures released by Visa, the world’s leader in…
The core of the doi moi (renovation) in Vietnam is the shift from single-ownership into a multi-ownership economy, where the central planned regime no longer exists. The 1987 Law on Foreign Investment, the 1990 Corporate Law & the Law on Private Enterprises,…
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