Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Just one of Japanese department store chain Takashimaya’s three overseas stores is currently trading at a profit. But the company says it believes it can make them all profitable by 2023, including a fourth store set to open in Bangkok late this year. The…
Vietnam should expand its agricultural exports to other markets instead of being dependant on China where standards on export items are being tightened, a meeting heard on Tuesday. China is now following international practices, tracing food origins and…
Recent reports of land fevers have raised concerns over the possibility of a real estate bubble in Vietnam similar to the historic one in 2008. Eight out of 10 signs of a real estate bubble have been identified in the Vietnamese market, said Tran Kim Chung,…
Indonesian ride-hailing and online payment firm Go-Jek on Thursday said it would enter Vietnam, Thailand, Singapore and the Philippines in the next few months, investing $500 million in its international push. The move will start with ride-hailing services…
Continuing the biggest promotion of the year “Free up your summer with Vietjet”, Vietjet offers a three-day series from today to May 25, 2018 with 1,000,000 tickets priced only from HKD0 during the golden hours of 13:00 to 15:00 (GMT+8) on its website. The…
Multiple banks in Vietnam have made bad investment decisions in recent years, according to a new report by the State Audit Office of Vietnam (SAV). Nine major financial organizations and banks were audited by the SAV in terms of management and use of state…
Most Southeast Asian stock markets reversed early gains to end lower on Monday with Indonesia marking its lowest close in more than 11 months while Vietnam shed 2.5 percent. Jakarta’s main index closed at its lowest since June 2017, with banking stocks…
Many big companies have failed to tap into Vietnam’s competitive beer market despite steady growth, industry experts said. Nguyen Van Viet, chairman of Vietnam Beer, Alcohol, and Beverage Association (VBA), said that only big brands such as Heineken and…
The U.S. Commerce Department on Monday slapped steep import duties on steel products from Vietnam that originated in China after a final finding they evaded U.S. anti-dumping and anti-subsidy orders. The decision marked a victory for U.S. steelmakers, who won…
Vietnamese authorities have launched an investigation into Grab’s acquisition of Uber’s Southeast Asia operations, which has shown signs of breaching local antitrust laws. The investigation is estimated to take 180 days, starting Friday and can be extended by…
Vietnam’s decade high growth in the first quarter is forecast to slow during the rest of the year, a parliamentary meeting heard on Monday. The country’s gross domestic product (GDP) grew 7.38 percent in the first three months thanks to strong performance in…
Indonesian ride-hailing app Go-Jek will officially launch in Vietnam this July, bringing more competition to the market currently dominated by Grab after it had acquired Uber’s Southeast Asia operations in March. Founded in 2010, the Indonesian transport…
Vinhomes JSC, the residential property developer of Vietnam’s biggest conglomerate Vingroup, saw its share price rise 20 percent from VND92,100 to VND110,500 ($4.85) per share in its first trading session after it was officially listed on the Ho Chi Minh…
Ha Noi City’s People’s Committee has approved the adjustments of detailed planning for Ha Noi’s hi-biotechnology park in Tay Tuu, Lien Mac, Minh Khai and Thuy Phuong wards, Bac Tu Liem District. According to the approval, the hi-biotech park has a land area…
In July, ERA Real Estate, a foreign broker, quietly opened five transaction points and one commercial office in the central business district of HCM City. The company now has 300 consultancy officers trained and certified in accordance with international…
A report on the cosmetics market released by Kantar Worldpanel shows that 80 percent of urbanites buy at least one beauty care product a year, with one-fourth of consumer spending on personal care items reserved for beauty care products. Oriflame, the brand…
Free background guides on how retail works in this market.
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…
Asia Market Guides · 10 min read
Vietnam
Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Vietnam.
Asia Market Guides · 8 min read
Vietnam
How last-mile delivery works in Vietnam, what drives cost per drop, and how to set a service promise you can keep.
Asia Market Guides · 8 min read
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
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.