Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Drastic state divestment initiative The total revenue gained from state divestment activities in 2017 is expected to add at least VND19 trillion ($835.62 million) to the national budget. The above figure was calculated based on the par value of the portion of…
Aeon Mall Vietnam has started construction work on a mixed-use complex in the port city of Hai Phong, its third outlet in the north. A groundbreaking ceremony for Aeon Mall Hai Phong Le Chan was attended by Vietnamese Prime Minister Nguyen Xuan Phuc. Covering…
Some companies have been forced to shut down due to prolonged losses. Multiple online retailers in Vietnam have been struggling to gain profits for years due to high operational costs in a competitive market. Tiki.vn, one of the most popular e-commerce firms…
The number of convenience stores in Vietnam has quadrupled over the last six years, according to global data analytics firm Nielsen released at a press conference on Thursday. “Convenience stores in Vietnam have become popular destinations for young consumers…
Global burger behemoth McDonald’s opened its first branch on Saturday (Dec 2) in the historic heart of communist Hanoi, a conservative city renowned for its traditional – and cheap – Vietnamese staples beloved by food-obsessed locals. Hungry customers lined…
Fashion and lifestyle goods retailer Mumuso Vietnam has been accused of selling Chinese goods as Korean products. The allegation surfaced on South Korean SBS News, which reported that the Shanghai-based company has been duping customers into thinking it is a…
AirAsia is flying directly to two popular Asean destinations from Penang – bringing the popular Malaysian state closer to Hanoi in Vietnam and Phuket in Thailand. Starting from July 1, flights to Hanoi will operate four times weekly while flights to Phuket…
Japanese fast-food brand Ringer Hut will arrive in Vietnam in the next four months. Vietnamese instant-noodle manufacturer AceCook has signed a franchise agreement to run the chain in Vietnam. Ringer Hut Vietnam will serve the original Japanese menu including…
Grab Vietnam is the first ride-hailing service in Southeast Asia to expand to GrabFood deliveries. Starting today in Ho Chi Minh City, the service enables consumers to order food from nearby restaurants that have signed up to the new app. Merchant partners…
Toyota remained the leading brand last month, with sales rising 3 percent from a year earlier to 4,234 units. Vietnam’s car sales fell slightly in April, declining 4 percent from a year earlier to 20,557 units, according to data released by the Vietnam…
Factories in Vietnam produced 44 percent of Adidas footwear volume in 2017, up from 31 percent in 2012. The chief executive of Adidas expects a shift in its sourcing of footwear from China to Vietnam to continue although he shrugged off concerns on Wednesday…
Some have no idea about the requirement, others find it invasive while network providers can’t guarantee help in English. Expats are having issues with Vietnam’s new regulation which asks phone users to submit a profile picture to their network provider. The…
The firm claimed to have a license to trade the cryptocurrency, but was hit by a $1,750 fine. Vietnam’s information ministry has fined a company that claimed to be the first website to be certified to exchange bitcoin in Vietnam for illegal social networking…
Vietnamese restaurant chain Truly Viet has arrived in Australia under a franchise model. The chain, owned by Vietnamese RedSun and operated by a joint venture between RedSun and an Australian partner, has opened its first outlet in Melbourne. The menu…
Productivity is rising, but not as fast as wages, creating the risk of an economic imbalance. Vietnam’s labor productivity last year was among the lowest in Asia despite showing growth, according to a report published on Tuesday. Average productivity in…
Welcome the coming of summer with Vietjet’s biggest promotion of the year, “Free up your summer with Vietjet”, which comes with millions of super promotional tickets priced from only HK$0 during the period of May 9 to July 31, 2018. On the first week of this…
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