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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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26 Nov 2018

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Latest Vietnam retail stories

Casino Vietnam
Rajiv MenonLiving

Vingroup to open casino in Pho Quoc Island

A Vingroup-invested firm has been allowed to include a casino in a hotel-amusement complex on Vietnam’s largest island Phu Quoc. The People’s Committee of Kien Giang Province announced that the Prime Minister has approved in principle the casino’s inclusion…

people browsing
Aiko TanakaLiving

Vietnam leads Southeast Asia in digital economy development

Vietnam’s internet economy is the largest relative to GDP in terms of gross merchandise volume in Southeast Asia this year. A study by Google and Temasek, a Singaporean holding company owned by the Government of Singapore, said gross merchandise volume (GMV)…

oil refinery
Wei ZhangLiving

Vietnam’s new oil refineries to quadruple capacity by 2023

Vietnam’s total oil refining capacity will nearly quadruple by 2023 as two new refineries go on stream, market data provider Fitch Solutions reports. The Dung Quat refinery in the central province of Quang Ngai operated by the state-owned PetroVietnam’s…

Bubble Tea
Sarah ChenFood

Women can make or break Vietnam’s F&B industry

With more women spending more on eating out, they have become linchpins of the F&B industry, a study indicates. A new survey by HCMC-based market research firm Decision Lab finds that female consumers can make or break the food and beverage industry of…

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Maria SantosReal Estate

Vietnam’s biggest airport start building in 2020

Work on Vietnam’s biggest airport would start in 2020 and it will become operational in 2025, the Airports Corporation of Vietnam (ACV) says. ACV, which manages and operates civil airports in the country, also says that it will complete business appraisals…

unilever
Minjun ParkLiving

Unilever Vietnam owes over $25mln in back taxes: state audit

The state auditing agency says Unilever Vietnam should pay over $25 million in back taxes for the 2009- 2013 period. Speaking at a National Assembly session on the draft bill on Tax Administration, State Auditor General Ho Duc Phoc pointed to the…

4490328 VinFast Fadil xe.tinhte.vn 1
Rajiv MenonAutomotive

Vietnam’s VinFast presents models, prices

VinFast, a subsidiary of Vietnam’s biggest private firm Vingroup, presented three models and their prices at its maiden show in Hanoi Tuesday afternoon. Its five-seat sedan Lux A2.0 and seven-seat SUV Lux SA 2.0, which had already been revealed to the public…

private Jet rent
Sarah ChenLiving

Vietnam’s first private airport set for Christmas launch

Vietnam’s first private airport near the world-renowned Ha Long Bay is getting finishing touches for a Christmas day opening. The 325-hectare (803 acres) airport at Van Don District, northern Quang Ninh Province cost VND7.7 trillion (more than $330 million)…

544564s
Aiko TanakaLiving

Hanoi revives $500 million horse racing, entertainment complex

A $500 million complex including horse racing in Soc Son District is off the shelf after 10 years. Hanoi authorities have approved the addition of the long-delayed Soc Son multi-purpose entertainment complex and horse racecourse project to the city’s master…

bamboo airways
Wei ZhangLiving

Bamboo Airways plans a year-end take off

Bamboo Airways, Vietnam’s newest airline, is expected to make its maiden flight on Dec. 29, its founder said Friday. The first routes of the country’s fifth carrier would connect Hanoi and HCMC, and from Hanoi and HCMC to central Quy Nhon City, said Trinh Van…

balinese furniture
Sarah ChenLiving

Foreign names dominate Vietnam’s high-end home interiors market

Foreign home interior brands and designers are present in force and dominating the increasingly affluent Vietnamese market. Brands like Cassina, Badari Lighting, Cantori, Diemme Cucine, Formitalia, and Versace Home have entered the high-end interior market in…

gordon ramsay food fine dining restaurant
Sarah ChenFood

Full service eateries threaten fast food in Vietnam

A survey has found full service restaurants outshining the quick service segment in Vietnam since 2017’s third quarter. Full service restaurants (FSR) or sit down eateries where food is served directly to the customers’ table, have been far better patronized…

vietnam traffic car
Aiko TanakaAutomotive

Vietnam’s 2018 monthly car sales highest in October

October sales of 28,899 cars made it the best month of the year so far, according to Vietnam Automobile Manufacturers’ Association (VAMA). This was 3,811 cars more than the 25,088 sold in September or a 15 percent rise, a VAMA report says. October sales of…

vinataxi
Rajiv MenonLiving

Transport giant to withdraw capital from leading HCMC taxi firm

In an apparent u-turn, transport giant Tracodi has approved divestment of its 30 percent stake in Vinataxi. Just months after saying it intends to increase its stake in Vinataxi, renew its fleet and install driver software, the Transport and Industry…

Retail Academy: Vietnam

Free background guides on how retail works in this market.

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    Retail in Vietnam

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    Consumers 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.

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