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Vietnam Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.

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3 Jan 2019

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Latest Vietnam retail stories

tony fernandes
Aiko TanakaLiving

AirAsia to freeze launches for next 3 years barring Vietnam

Malaysian discount carrier AirAsia Group won’t open any new airline in the next three years and will focus on current operations after its proposed Vietnam launch, Group CEO Tony Fernandes said Wednesday. “After Vietnam, we will focus on what we have,”…

Using artificial intelligence in the supply chain
Rajiv MenonLiving

Vietnam struggles with paucity of AI engineers

IT firms are offering artificial intelligence (AI) engineers salaries of $22,000 a year, but are still struggling to recruit enough people. IT recruiting firm TopDev said in a recent report that companies are having difficulty finding the right people due to…

startups
Minjun ParkStartups

Startups blooms in Vietnam, liked by youngster

An increasing number of young Vietnamese are taking the startup route, willing to take risks and wait for rewards. Pham Khanh Linh seemed to be all set on a rewarding career, finding a job at global financial firm Goldman Sachs after graduating from the…

vietnam trade
Maria SantosFinance

China Slowdown, Trade Disputes Weigh on Asia Factory Activity

Factory activity weakened across Asia in December as the Sino-US trade war and a slowdown in Chinese demand hit production in most economies, strengthening the case for a pause in interest rate hikes in the region in 2019. A series of purchasing managers’…

Fastgo App
Wei ZhangLiving

Vietnamese platform FastGo expands to Myanmar

FastGo, Vietnam’s first ride-hailing service, has kicked off operations in Myanmar as part of its Southeast Asia expansion plans. Its joint venture with Myanmarese conglomerate Asia Sun Group began offering services on December 28. CEO Nguyen Huu Tuat said at…

Airasia Load
Aiko TanakaLiving

AirAsia eyes Vietnam launch, turnaround India and Japan units

AirAsia Group chief executive Tony Fernandes says the group has no plans to establish new subsidiaries over the next three years, apart from a unit in Vietnam. In a series of tweets, Fernandes says the low-cost carrier will focus its efforts on launching…

vietnam usd currency
Sarah ChenFinance

Vietnamese banks deposit rates rise as usual at year end

Banks usually hike deposit interest rates and even offer promotions at the year end, and this year has been no different. On December 19 Sacombank announced a rise in interest rates on deposits of three months from 5.2-5.3 percent to 5.5 percent, and on…

bigc28
Rajiv MenonFood

Supermarket retailer Big C opens 147th hypermarket

Supermarket retailer Big C has launched its 147th hypermarket at Nakhon Si Thammarat. Big C Supercenter CEO Aswin Techajareonvikul said Big C’s business has continued to expand this year. “We are recruiting new employees to drive our promising business…

vietnam hanoi stock
Minjun ParkFinance

VN-Index ends year 10 percent lower

The VN-Index closed the last trading day of 2018 at 892.54 points, down almost 10 percent from the year’s outset. This was a drop of 93 points from January 2, the first trading day of the year. The benchmark closed below the 900-point mark on Friday, a drop…

grab
Rajiv MenonLiving

Vietnam court orders Grab to pay Vinasun $208,000

Grab should pay Vinasun VND4.8 billion ($208,000) for damage it has caused the top taxi firm, a court ruled Friday. The People’s Court of Ho Chi Minh City said in its verdict that Grab had committed many mistakes in its operations in Vietnam, tantamount to…

Bamboo
Rajiv MenonLiving

Bamboo Airways postpones maiden flight again

Vietnam’s newest airline Bamboo Airways will not operate its maiden flight Thursday as scheduled, the second time it has been delayed. Its CEO Dang Tat Thanh said Bamboo Airways could not take off since it is going through “the most difficult examination…

vietnam labor
Minjun ParkFinance

Vietnam GDP growth tops 7 pct, highest in a decade

Vietnam’s GDP growth of 7.08 percent this year retained its status as one of the best performing economies in the world. It was the highest growth the country has experienced since 2008 and compared with the median estimate of 6.9 percent in a survey of 12…

australi retail
Sarah ChenResearch

How the retail industry has fared in 2018

The overall retail market in India 2018 stood at Rs 43,251 billion and is forecast to grow by 6.4 percent CAGR in 2018-2023. Retailing in India still predominantly takes place in physical stores and shopping behaviour between urban and rural consumers…

vietnam labor2
Wei ZhangFinance

Vietnam FDI disbursement in 2018 tops $19 bln

Foreign direct investment disbursement in Vietnam reached a record $19.1 billion in 2018, a year-on-year increase of 9.1 percent. However, FDI pledges for new projects, capital supplements and stake acquisitions were down 1.2 percent from a year earlier to…

Retail Academy: Vietnam

Free background guides on how retail works in this market.

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    Retail in 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…

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    Consumers in Vietnam

    Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Vietnam.

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    Last mile in Vietnam

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    Malls and rents in 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

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