Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Thailand’s steamed-bun chain Phoenix Lava has erupted in Vietnam, opening with four stores in Ho Chi Minh City. Its flagship store is in District 3 with the other outlets in Districts 1 and 5, and one in the Vinhomes Central Park development in the Binh Thanh…
The domestic property market reported more sales in January compared to December 2017, according to the Ministry of Construction’s Housing and Property Market Management Department. It said that in January, Hà Nội had 1,650 transactions, an increase of 13.8…
Vietjet Aviation Joint Stock Company (HOSE: VJC) has received the “Best Vietnam Deal” award from Asia’s leading publication, FinanceAsia, for its IPO held early 2017. The prestigious award not only highlighted Vietjet’s highly successful IPO but also the…
Many goods imported from the Republic of Korea (RoK) into Việt Nam will be exempted from import taxes in 2018, due to the Việt Nam-Korea Free Trade Agreement (VKFTA). The Government recently issued Decree No149/2017/NĐ-CP, which regulates a new special…
Innisfree Vietnam today launches its first official online store, on Lazada. The South Korean cosmetics brand is offering its full range of products on the site, including bodycare, make-up tools, skincare and men’s categories. Online customers will be…
Vietjet Aviation Joint Stock Company (HOSE code: VJC) announced its consolidated pre-audited financial statement report for 2017 with all indicators growing strongly compared with 2016 and exceeding the plan approved at the company’s Annual Shareholder…
Vietnam’s newest shopping centre, Van Hanh Mall, has opened in Ho Chi Minh City, on Su Van Hanh Street in District 10. Built on a 90,000sqm site, the shopping complex has 55,000sqm of retail space, which is 90 per cent occupied already, by more than 200…
Shinsegae’s discount chain E-mart plans to enter the US by opening its premium food outlet PK Market. While mostly high-end products will be sold at the South Korean group’s outlet, some of its low-tier private brands such as No Brand and Peacock will also be…
Việt Nam maintained its position as an important investment destination for Japanese companies, with some 70 per cent of operational Japanese-invested firms making plans for business expansion here. This information was revealed by Hironobu Kitagawa, chief…
VinPro, the electronics retail arm of Vietnamese conglomerate Vingroup, may invest in mobile device retailer Vien Thong A. However, Vien Thong A GM Hoang Ngoc Vy has denied the media reports, before enigmatically adding that further information would be…
Dairy giant Vinamilk will continue to expand abroad, especially in emerging market like Laos and Myanmar, this year. “Vinamilk will build a plant in Myanmar and an organic cow farm of several thousand hectares in Laos this year,” Đỗ Thanh Tuấn, the company’s…
Customs data shows China became the second largest importer of phones and phone parts from Vietnam last year, just behind the European Union with US$11.96 billion, a year-on-year increase of 6.4%. Exports of the products to South Korea also rose by a…
Companies across the ASEAN bloc face a growing risk of cyberattacks, which can expose the region’s top-listed firms to a US$750 billion erosion in current market capitalisation. This was revealed on Tuesday in a new research commissioned by Cisco. Conducted…
Prudential on Tuesday announced that it had reached an agreement to sell 100 per cent of its Prudential Vietnam Finance Company (PVFC) to Shinhan Card Co Ltd, a subsidiary of the Shinhan Financial Group (Shinhan), at a cost of US$151 million. The United…
Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) has registered to sell 7.6 million shares of Vietnam Airlines Corporation, which is listed as HVN on the stock market. The transaction is expected to take place from January 24-February…
In continuation of Vietjet’s biggest promotional program of the year – “Enjoy Sky Festival”, the airline is offering 500,000 tickets priced from only VND0 (*) for three golden days starting 24 to 26 January 2018. The promotion is applied for all international…
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