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Vietnam Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.

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15 Mar 2018

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Latest Vietnam retail stories

steel US tariffs
Rajiv MenonGeneral

Vietnam wants exclusion from US steel tariffs

The Ministry of Industry and Trade (MoIT) has urged the US Government to consider excluding Vietnamese products from its newly announced tariff measures on imported steel and aluminium. The ministry stressed that Vietnamese steel and aluminium products sold…

mobifone vietnam
Maria SantosTelecom

Vietnam’s MobiFone, AVG cancel acquisition agreement

Vietnam Mobile Telecom Services Corporation (MobiFone) and shareholders of multimedia company Audio Visual Global (AVG) on Monday decided to cancel the share transfer agreement between the two companies. The decision was made several days after the Party…

lazada
Rajiv MenonE-Tailing

Lazada comes with idea to simplify selling system

To help Southeast Asian entrepreneurs ride the e-commerce boom, Lazada has rolled out measures to make doing business online easier, faster and more financially rewarding. Already in effect, the moves benefit new sellers and about 135,000 merchants already on…

ho chi minh vietnam
Minjun ParkReal Estate

Vietnam aims to reduce property speculation in HCMC

The People’s Committee of HCM City has proposed to impose a tax on apartments and houses which are sold within one year after purchasing, aiming to reduce speculation and ensure stability in the estate market. The People’s Committee has submitted the proposal…

vietnam seafood export
Rajiv MenonGeneral

Vietnam records US$33.62bn in export value in Jan-Feb

Vietnam had six groups of export commodities gaining at least US$1 billion in export value in the first two months of 2018. This was revealed by the General Department of Customs. The result was one more group than that in the first two months of 2017. The…

car export
Maria SantosAutomotive

Floodgates could open as Honda imports cars

After stopping car exports to Việt Nam for more than a month, Japanese auto giant Honda Motor suddenly decided to import around 2,000 vehicles from Thailand in early March. This is the first batch of automobiles exempt from import tax under the ASEAN Trade in…

phuc long
Rajiv MenonFood

Phuc Long Danang to open soon

Vietnamese coffee and tea chain Phuc Long is expanding into Danang next month. The brand will open two stores inside Lotte Mart and on Nguyen Van Linh Street in the city’s Hai Chau district. The chain has also enriched its food menu, offering traditional…

vietnam property
Wei ZhangReal Estate

Japan invests big in Vietnamese real estate

Việt Nam’s real estate sector has witnessed significant participation from Japanese investors through cooperation with Vietnamese businesses recently, promising to bring benefits to the real estate market. According to real estate company Savills Việt Nam,…

vietnam airlines 2
Minjun ParkGeneral

Vietnam Airlines to introduce flights to Singapore, Taiwan

National carrier Vietnam Airlines will add four flights per week from HCM City to Singapore and Taiwan each from March 27. A spokesperson of the carrier said the firm wanted to diversify its products to meet the demand of passengers as Singapore and Taiwan…

giordano
Minjun ParkFashion

E-business of Giordano International looks good

E-business last year was particularly strong for apparel retailer Giordano International. Overall, consolidated sales reached HK$5.4 billion, up 5.2 per cent. Group comparable-store sales and comparable-store gross profit rose by 5.2 and 5 per cent…

vietjet womans day
Sarah ChenLiving

Happy Women’s Day flying with Vietjet’s 1.5 million HKD0 tickets

Celebrating International Women’s Day on March 8, Vietjet is to offer a 3 golden days promotion from March 6 to 8, 2018 with 1,500,000 tickets priced from HKD0. The promotional tickets are for all domestic and international routes flying from Vietnam to Hong…

vietnam bank
Wei ZhangFinance

Asset quality, profitability of Vietnam banks improved: Moody’s

The asset quality and profitability of 14 Vietnamese banks rated by Moody’s improved moderately year-over-year, driven by robust macroeconomic conditions and growth in core income, Moody’s Investors Service said on Tuesday. However, the banks’ capitalisation…

amazon
Aiko TanakaE-Tailing

Amazon to enter Vietnam

The world’s leading e-commerce player, Amazon, is planning to enter the Vietnamese market, announced the Việt Nam E-commerce Association (VECOM). Amazon will also support Vietnamese enterprises in exporting online through the platform, VECOM chairman Nguyễn…

exotic tropical fruit
Aiko TanakaFood

Vietnam’s fruits getting popular in Japan

Vietnamese fruit is making its presence felt in the Japanese market, with the country registering a turnover of US$170 million in 2017 through the export of fruits and vegetables, a year-on-year increase of 70 per cent. This was revealed by Tạ Đức Minh,…

vietnam rice fields
Aiko TanakaFood

Vietnam expects to export 6.5 million tonnes of rice in 2018

The Ministry of Agriculture and Rural Development expects Việt Nam to export 6.5 million tonnes of rice in 2018, Deputy Minister of Agriculture and Rural Development Hà Công Tuấn said at the ministry’s monthly meeting on Friday in Hà Nội. To get high export…

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