Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Dickies Vietnam is planning to open its first Ho Chi Minh City flagship store. Meanwhile, the American apparel brand is paving the way by opening pop-up stores at Diamond Plaza, Parkson C&T, Parkson Hung Vuong, Parkson Saigon Tourist and Takashimaya from this…
TrueMoney Vietnam (“TrueMoney”), part of Southeast Asian Fintech company Ascend Money, has obtained the Intermediary Payment Services License from the State Bank of Vietnam to operate digital financial services in e-money, e-payment, wireless transfers, and…
Hanoi’s retail supply is growing outside the CBD area, reports real-estate company CBRE. With a total of 157,000sqm of retail coming from eight projects under development in fast-growing residential areas with good connecting infrastructure, CBRE says the…
Vietjet is to launch a 3 golden days promotion from April 4 to 6, 2018, with half a million tickets priced from HKD0. Available on its website www.vietjetair.com, the promotion is part of Vietjet’s Summer Promotion. The promotion applies for international…
Mobile payments platform Alipay is expanding its cross-border footprint with new outposts Cambodia, Myanmar, Laos and the Philippines. The deployment is aimed at connecting merchants with an estimated 520 million active users in China through its Alipay’s…
Vietnamese firms should expand their partnership to at least three markets to avoid sole dependence on a particular market, said economist Phạm Chi Lan. She also urged the firms to provide clear and transparent filings to meet the standards of exporting…
Vietnam’s tourism industry is booming and is fast becoming the driving force behind economic growth – but it also faces calls for reform to keep up with high standards. The “smoke-free” industry has witnessed spectacular success in the past few years with…
Saigon General Service Corporation (Savico) announced to the State Security Commission of Việt Nam and HCM City Stock Exchange that its taxi brand – ComfortDelgro Savico Taxi – has been closed to preserve funds and reengineer its taxi-related business plans.…
Condotels are becoming a hot development target in the real estate market, as international tourists flock to Việt Nam with increasing speed. Condominiums that are operated as hotels, with owners allowed to make their units available for short-term rentals,…
Since last year there has been a churn in the banking sector with some foreign investors selling their stakes in local banks and others buying in. France’s BNP Paribas, HSBC and Australia’s Commonwealth Bank have been among those pulling out. ANZ sold its…
A report on last year’s imports and exports was released on March 22 by the Ministry of Industry and Trade to provide accurate information on the country’s trade to management agencies, policymakers and businesses. It includes an overview of the Vietnamese…
Social networking site Facebook has confirmed the appointment of Lê Diệp Kiều Trang (Christy Lê) as director of Facebook Việt Nam. She will work at the company’s headquarters in Singapore. According to Kenneth Bishop, Facebook’s managing director for…
The European Commission is willing to cooperate with and support Vietnamese authorities in their reforms to fight illegal, unreported and unregulated (IUU) fishing. This was said by Karmenu Vella, Commissioner of the European Union for Environment, Maritime…
Sovico Holdings Company registered to purchase nearly 13.7 million shares of Vietjet Aviation Joint Stock Company (VJC) between March 26 and April 25. Sovico is a founding shareholder of the budget airline, owning 4.56 per cent of Vietjet’s capital. If the…
Vietnam’s leather and footwear industry will continue to develop in the coming years, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso). Speaking at the two-day Vietnam Footwear Summit which opened in HCM City yesterday, Diệp Thành…
The Ministry of Transport (MoT) will transfer its rights to purchase shares additionally issued by the Vietnam Airlines Corporation through auction at the Hà Nội Stock Exchange. Under its plan, the ministry, as Vietnam Airlines’ State stakeholder, will…
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