Vietnam’s eighth Hurom Juice Cafe has opened in the central coastal city of Danang. Close to the tourism hotspot My Khe Beach, the cafe serves Korean desserts, tropical fruit bingsu (ice flakes), paninis, sandwiches and brunch as well as juices. A second…
The forecasts are in and Vietnam can gloat again after a scare in early 2017. Economic growth next year will reach as high as 6.7% in 2018, better than in 2017, the prime minister predicted in October 2017. The Asian Development Bank forecasts 6.5%, but…
GS25 Vietnam says it will open its first store in Ho Chi Minh City in mid-January, after a two-month delay. Three more stores will open soon afterwards. Last July, GS25’s parent company GS Retail signed a JV agreement with Vietnam’s Son Kim group to open 2500…
Several years ago, fans of Thai and Japanese goods had only several choices – either buying the products carried across border gates, or going to a few select shops. But now, they can freely choose products at many specialized stores. Specialized shops are…
Authorities in Ho Chi Minh City will be working with the country’s central bank to “handle violations” at several restaurants and coffee shops in the city that have been accepting Bitcoin as payment, an official from the bank said on Tuesday. Nguyen Hoang…
In partnership with the US National Basketball Association (NBA), sports merchandise e-commerce company Fanatics has launched official NBA online stores across Asia Pacific. Fanatics already runs the flagship NBA Store in New York City, the league’s global…
Vietnam is struggling to find international buyers for its tropical fruit, despite having been licensed to export by demanding markets such as the U.S, Australia, Canada and Japan. Starting December 29, the U.S. Department of Agriculture will allow imports of…
Thai Beverage has won an auction to buy a majority stake worth $4.84 billion in Vietnam’s top brewer Sabeco SAB.HM, a lofty deal that adds a major asset to the beer-to-property empire of Thai magnate Charoen Sirivadhanabhakdi. The deal is a big step for…
Today, at Tan Son Nhat Airport (Ho Chi Minh City), Vietjet held a jubilant inaugural ceremony to celebrate the debut of the airline’s Ho Chi Minh City – Phuket (Thailand) route. On the inaugural flight, passengers were thrilled to receive lovely, surprise…
Salaries in Vietnam are rising faster than in any other Southeast Asian country, according to a recent survey released by employment website Jobstreet.com. The average annual growth rate of Vietnam’s payroll stands at 20-24 percent, compared to 14-20 percent…
Nine European press agencies, including AFP, called Wednesday on internet giants to be forced to pay copyright for using news content on which they make vast profits. The call comes as the EU is debating a directive to make Facebook, Google, Twitter and other…
Google announced Wednesday that it will open a new artificial intelligence research centre in Beijing, tapping China’s talent pool in the promising technology despite the US search giant’s exclusion from the country’s internet. Artificial intelligence,…
Vietjet was recently honoured with the title of “Most Favourite Airline” at the “2017 Trust and Use Award” ceremony organised by the Vietnam Economic Times – the leading economic publication in Vietnam. This marks the airline’s second consecutive year of…
Vietnam hopes to raise a total of more than $570 million by selling stakes in an oil refinery, an oil distribution firm and a power company, the government website said on Saturday. The country has accelerated its privatization program in recent weeks, partly…
The World Bank (WB) has increased its growth forecast for Vietnam this year from the 6.3 percent it projected in October to 6.7 percent, matching the government’s annual target following steady progress during the first nine months. Stronger domestic demand,…
Bakery cafe Tous Les Jours Vietnam has launched a new brand identity at its Hai Ba Trung outlet in Ho Chi Minh City’s District 1. Months in preparation, the refreshed store features a cafe-inspired interior and takes its inspiration from the “just baked”…
Retail Academy: Vietnam
Free background guides on how retail works in this market.
A young, urbanising market where modern trade is growing quickly, convenience and mini-supermarkets are the battleground, and Hanoi and Ho Chi Minh City beha…
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Vietnam.
Asia Market Guides · 8 min read
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