Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Upscale Vietnam hotels are struggling to hire and retain skilled staff, as even those with hospitality training switch careers. Nguyen Huu Tho, chairman of Vietnam Tourism Association, estimated a 40 percent staff shortage in the hospitality industry. The…
A long-awaited proposal to extend a key pricing incentive for solar power projects in Ninh Thuan Province has been approved. The Government has issued Resolution No. 115/NQ-CP that allows solar power projects in the central province of Ninh Thuan to enjoy a…
In for the long haul, online retailers are willing to ignore losses, focusing on promotions to attract more customers. Hoang has recently been able to buy a few electronic items online at a mere VND500,000 ($20), a fraction of what they would have cost at…
A recent survey found that 217 out of 504 questioned businesses in various sectors could not get bank loans for lack of collateral. The survey was done last May for the “Assisting Vietnamese businesses with increased access to credit through improving…
Vietnam National Shipping Lines, a state-owned shipping firm, raised VND54.3 billion ($2.33 million) from an initial public offering (IPO) on Wednesday. The figure was far below its target of VND4.89 trillion, the Hanoi Stock Exchange said on Wednesday. The…
Phuong Nam Culture Joint Stock Co. planned to sell its remaining 7.5 percent stake in Vietnam’s largest cinema chain, CGV. The firm said the sale would be worth for VND101 billion ($4.5 million). In June the Vietnamese private firm had sold a 12.5 percent…
The volatility seems to have ended in the Vietnamese stock market, and it has been rising for several weeks now. The 30-day volatility in the benchmark VN-Index at the Ho Chi Minh Stock Exchange (HOSE) has fallen to the lowest level since last November. The…
Uniqlo Vietnam will launch next year. The Japanese fast-fashion brand says it will open its first store in Ho Chi Minh City in the second quarter of next year, with the exact location to be advised later. The Uniqlo Vietnam launch announcement follows…
Vietnam’s airport operator has recommended a VND56.7 trillion ($2.4 billion) upgrade of 16 of the 21 civilian airports in the country. The Airports Corporation of Vietnam (ACV) wants to renovate Tan Son Nhat Airport in Ho Chi Minh City, Noi Bai in Hanoi; Da…
Vietnam won’t increase its fuel tax before 2020, Finance Minister Dinh Tien Dung has directed. Dung has ordered a proposal to increase environmental tax on petrol and diesel to be removed from next year’s plan. Earlier this year, the ministry had proposed…
Vietnam is among the top ten major makets that receive the most attention from Chinese belt and road property investors, according to a recent report. On August 31, 2018, Uoolu, the leading platform for cross-border real estate transactions in China, released…
The increasing investment of small sums in HCMC by foreign businesses is worrying experts. In the first eight months this year 658 new FDI projects were licensed, but they only had a combined capital of $581.8 million, according to the General Statistics…
Vietnamese can trade in yuan at the border with China, the State Bank of Vietnam has decreed. It means the transactions that traders and residents have been doing informally in the yuan for long along the border gets legal sanction from October 12. Economist…
Vietnam might exceed several annual socio-economic development targets set by the parliament, PM Nguyen Xuan Phuc said Thursday. The government’s assessment is that eight of 12 targets assigned by the National Assembly, the national legislature, will be…
Traders Fair & Gala night – financial event for traders and investors, which is going to take place in Vietnam on the 24th of November 2018 (Windsor Plaza Hotel, Saigon). The best trading experts, companies, money brokers and banks from all over the world are…
A survey of 1,100 IT workers by VietnamWorks has found that 82 percent want to start their own companies in future. However, 58 percent said they have never been involved with a startup. Forty one percent had been involved with startups at least once. They…
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