Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Exports of plastics are expected to grow by 12–15 per cent this year, according to the Việt Nam Plastics Association (VPA). Hồ Đức Lam, chairman of the association, said the country’s key export markets this year would be Japan and the US, which has high…
Many supermarkets are launching attractive promotion programmes in the days ahead of Tết (Lunar New Year) to attract customers. Tết falls on February 16 this year. In addition to cutting prices on more than 5,000 essential items from January 11 to February…
Australian skincare brand G&M Cosmetics has expanded into Vietnam, with a presence in Aeon supermarkets and at Ho Chi Minh City’s airport. This follows the company exporting to Asian markets such as China, Hong Kong, Taiwan, Thailand and Singapore in the past…
Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) and Nghi Sơn Petrochemical and Refinery LLC (NSRP) on Thursday signed a Memorandum of Understanding (MoU) on converting bank service. Under the MoU, Vietcombank will be the sole bank to…
Vietnam is the fastest-growing market in South East Asia in terms of mobile e-commerce growth, says the latest report on Southeast Asia’s 2017 e-commerce status by iPrice. In the past 12 months, mobile phone usage in Việt Nam has grown on an average of 19 per…
Trade promotion in Việt Nam is facing many difficulties as many importers, such as the US, China, Japan and the European Union, were now protecting their own farm production. Trần Văn Công, deputy director of the Agro Processing and Market Development…
Việt Nam imported US$682.1 million worth of paper products last year, a year-on-year increase of 10.86 per cent, reported the Việt Nam General Department of Customs. In December 2017 alone, Việt Nam imported $58.8 million worth of paper products, down 10 per…
HCM City People’s Court commenced trial looking into the suit initiated by the local domestic taxi operator Vinasun against the popular ride hailing service, Grab, on accusations of unfair business practices. Vinasun, once a dominant player in taxi transport…
Việt Nam’s rice export volume in 2018 is expected to increase by 400,000 tonnes from 2017 to reach 6 million tonnes, due to increased demand from Southeast Asia, especially from the Philippines, with China expected to be the country’s largest rice market. The…
Bilateral trade between Việt Nam and Cambodia last year surged 29.7 per cent against the previous year to nearly US$3.8 billion, the General Department of Customs reported. Of the total, Việt Nam’s export turnover to this market was $2.77 billion, rising 26.1…
Some 1,000 cars worth US$94 million were imported to the Vietnamese market in January, reports the General Statistics Office. This marks a record drop of 86.2 per cent in volume and 38 per cent in value compared to the previous month. The drop comes after…
Saudi Food and Drug Authority (SFDA) has decided to temporarily suspend the import of fish and shrimps from Việt Nam. The ban, effective from March 1, is in accordance with the regulatory procedure for fish and other aquaculture export establishments of SFDA,…
Korean childrenswear brand UniFriend Vietnam is planning expansion into Ho Chi Minh City via franchising. After opening three stores in Hanoi towards the end of last year, the brand is seeking franchisees and agents to sell its products in Ho Chi Minh City…
GS Retail, which runs South Korea’s GS25 convenience store chain, is facing questions over its profitability after it posted contracted numbers in its earnings last year. According to its regulatory filing, GS Retail logged KW30.9 billion (US$28.4 million) in…
While the Hilton hotel complex is still under construction in Da Nang, there was a queue all morning despite chilly weather when Starbucks Vietnam opened an outlet on the site on Saturday. On the ground floor of the unfinished building, it is the US coffee…
Several Vietnamese companies have introduced Việt Nam’s cultural features, natural landscapes and cuisine to visitors at the 60th Brussels Holiday Fair that is being held in Belgium’s capital city from February 1 to February 4. At the event, representatives…
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