Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
A report by the Standard Chartered Bank says Vietnam will top ASEAN economic growth this year. The report, released Friday, attributed this to manufacturing and agriculture sectors. Titled Vietnam: fast, not furious, growth,” it said the economy will grow by…
Foreign investors currently own majority stakes in about 50 percent of high-end office buildings in downtown Saigon. A newly-released Savills Vietnam report said investors from Singapore, Hong Kong, Japan, South Korea, Germany and Slovakia own stakes in nine…
Last weekend’s increase in fuel prices has stoked fears that Vietnam might not meet its 2018 inflation target. The ministries of Industry and Trade and Finance upped fuel price last Friday, and prices of biofuel E5 RON 92 went by VND675 per liter to VND20,906…
Capital city authorities have outlined this plan in a recent report to Prime Minister Nguyen Xuan Phuc, saying the upgrade is required because the condition of Hang Day stadium on Trinh Hoai Duc Street has severely deteriorated in recent years. The new…
Nokia has completed a demonstration of its smart city management solution IOC for Vietnamese military-run operator Viettel in support of the government’s smart city ambitions. Nokia demonstrated its Integrated Operations Center to the operator during a trial…
When you think of the startup scene in Southeast Asia, places like Singapore and Indonesia may come to mind, but Vietnam is another tech ecosystem on the rise. With a domestic market of over 95 million people and an economy that has grown 6% on average in the…
E-commerce exporters in China and Australia, consumers in Malaysia, Thailand and Vietnam, and DHL eCommerce are all expecting benefits from the introduction of a Cross Border Cash-on-Delivery (COD) system by Deutsche Post DHL Group. The DHL e-Commerce Cash on…
High-rise buildings in downtown HCMC have seen monthly rents rocket to $70 per square meter, the highest in five years. A report on the Ho Chi Minh City office market in the third quarter of 2018 said the main reason for rising prices is that office supply is…
Experts say VinFast’s sedan and SUV should cost below and just above $50,000, respectively, to be competitive in Vietnam. VinFast’s debut at the Paris Motor Show this month has sparked much speculation among Vietnamese customers on the selling price of the…
With huge demand driving Vietnam’s merchandise, food delivery market, investors are keen on a piece of the action. After operating for a year in HCMC Lalamove, a logistics company headquartered in Hong-Kong specialising in same-day delivery and courier…
Global coffee prices recovered but markets were subdued in Vietnam and Indonesia due to low stocks in both the countries, traders said. In Indonesia’s Lampung province, exporters quoted premiums for the grade 4 defect 80 robusta at $25 to $30 premium a ton to…
Several experts and industry insiders are advising caution over judging carmaker Vinfast too highly, too soon. VinFast, a unit of Vingroup JSC (VIC.HM), Vietnam’s largest business conglomerate, officially showcased its first two vehicles: the LUX A2.0 sedan…
E-commerce giants Amazon and Alibaba are looking to sign up more Vietnamese sellers for their online marketplace. U.S.-owned Amazon last month collaborated with the Vietnam E-commerce Association (VECOM) to organize a workshop called Selling Globally on…
European companies’ business sentiment in Vietnam is at the highest level in 18 months, EuroCham’s Business Climate Index shows. The latest index (BCI), which the business group released Wednesday, is at just two points below the all-time high achieved in the…
Experts say it will be difficult to implement an age-based ban on selling liquor, better options are needed. They are also saying that an emphasis on education and raising awareness will have greater impact in dealing with the problem of liquor abuse. A draft…
Low-tech, polluting FDI firms will try to set up shop in Vietnam as the U.S.-China trade war escalates, experts have warned. Nguyen Bich Lam, head of the General Statistics Office, said that small-scale Chinese firms are likely to eye a shift to Vietnam to…
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