Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
The first non-stop flights from Da Nang to Japan will begin on 28 October, the national flag carrier Vietnam Airlines has confirmed. The airline will use an Airbus A321 with services meeting 4-star standards to cover the 2,114 miles (3,403 kilometers) from Da…
DHL eCommerce has rolled out a fleet of electric motorbikes as part of Deutsche Post DHL Group’s commitment to Zero Emissions by 2050. DPDHL announced that it will operate 70% of its own first and last mile services with clean pick-up and delivery solutions.…
National carrier Vietnam Airlines is set to officially establish an inflight duty free service from October in cooperation with inflight specialist King Power Traveler, the Rakhita Jayawardena-run subsidiary of Hong Kong-based travel retailer King Power…
Vietnam could suffer collateral damage if Chinese businesses use made-in-Vietnam labels to avoid U.S. tariffs, experts warn. Economist Vu Dinh Anh said it is “highly possible” that Chinese businesses would seek to export their goods through Vietnam to the…
More than 2.24 billion Viettel Global shares will make their debut on Hanoi’s unlisted public company market, UPCoM, on Tuesday. The shares of Viettel Global Investment Joint Stock Company, with the sticker VGI, will be traded on the UPCoM at a floor price of…
Vinalines is seeking approval from the government for building two container terminals at Lach Huyen Port in northern Hai Phong City. Nguyen Canh Tinh, director of the state-run Vietnam National Shipping Lines (Vinalines), said its subsidiary, Haiphong Port…
SK Group will acquire a 9.5 percent stake in Vietnamese food and beverage company Masan Group to become its largest foreign shareholder. The Korean conglomerate announced Wednesday that it has agreed to acquire the stake at $470 million. The two companies…
Vietnam’s benchmark VN-Index closed at 1,004.74 points Thursday, reaching four figures for the first time in two months. It gained 9.2 points. The HNX-Index on the Hanoi Stock Exchange and the UPCoM-Index for unlisted companies rose by 0.75 percent and 1.01…
WeWork, the third largest startup in the U.S., and the sixth largest in the world, is set to open a new office in HCMC late this year. In its latest report on the co-working space market in Vietnam, real estate firm Jones Lang LaSalle (JLL) said WeWork is…
Rice export prices in India recovered this week after demand improved, while rates for the Vietnamese variety eased. Rates for top exporter India’s 5 percent broken parboiled variety edged up by $2 per ton to $373-$377 per ton this week, from their lowest in…
ANZ Vietnam’s profits fell 75 percent in the first half of this year following the sale of its retail arm to Shinhan Bank. The bank’s financial report shows its after-tax profits were VND41 billion ($1.76 million), down from VND171 billion ($7.33 million) in…
Electronic payments are becoming more and more common in Vietnam, according to Visa. Its data for the 12-month period until June 30 this year shows that the number of transactions on the Visa network increased by 45 percent from the previous year, the company…
Big moves by some players are exerting severe pressure on many e-wallet service providers in Vietnam. Twenty seven payment service providers had been licensed in Vietnam as of last March, with 20 of them offering digital wallets, according to the State Bank…
UK supermarkets group Morrisons has secured a supply partnership with Thai grocery chain Big C. The firm will be sending 100 branded products to feature on Big C shelves in what represents a major international partner for Morrison’s, which otherwise has a…
Many banks in Vietnam have reported about customers losing information about their accounts to criminals through phishing attacks and other methods. In a recent statement Techcombank said it had detected many cases of fraud and misappropriation of money by…
InterContinental Danang Sun Peninsula Resort has reaped a bumper harvest of prestigious awards at the World Travel Awards 2018. The resort, developed by the Sun Group, won Asia’s Leading Green Resort, Asia’s Leading Luxury Hotel Villa, Asia’s Leading Luxury…
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