Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Vietnam received an estimated $16 billion in foreign direct investment (FDI) in the first 11 months of this year, up 11.9 percent from the same period in 2016, the government said on Monday. FDI pledges for new projects, increased capital and stake…
The Philippines’ San Miguel Corp (SMC.PS) is looking to bid for Vietnam’s largest brewer Sabeco (SAB.HM), the conglomerate’s president said on Wednesday. “Yes,” Ramon Ang said when asked if San Miguel is looking to join the bidding for the Vietnamese brewer.…
Vietnam said Wednesday it would sell a majority stake in the country’s largest state-owned brewer next month but limit foreign ownership to 49 percent, as the government seeks to pay off public debt. The long-delayed sale shares in Sabeco, the leading brewer…
Vietnam retail sales will exceed US$484.58 billion annually by 2025 and nearly $1.938 trillion by 2035 according to figures from the Ministry of Industry and Trade. In a draft strategy document released for public comment, the ministry expects an annual…
Last September, Bolloré Logistics organized a conference gathering approximately 50 members from Vinacas – Vietnam Cashew Association – in its Ho Chi Minh Head Office, to share about the upcoming Cashew Campaign 2017 in Tanzania. Then, and in order to…
Subsidiaries of Mitsubishi Materials have falsified product data, the company said Thursday, becoming the latest major Japanese firm to admit problems with quality control. Affected products included rubber sealing materials used for packing and gaskets,…
Korean retailer Lotte Mart has launched its Speed Lotte shopping app in Vietnam. The app allows smartphone users to buy more than 1000 items from categories including fresh food, lunch boxes and Korean products as well as Lotte Mart’s Choice L home-brand…
Ten aspiring Vietnamese start-ups went head-to-head on Thursday at the final of UberEXCHANGE, a nationwide competition offering a $4,400 prize and two tickets to visit Silicon Valley. Logivan, a two-month-old start-up, emerged as the winner with its plan to…
Korea’s Lotte Duty Free will open its second Vietnam airport store in Nha Trang next year. The store is set to locate at Cam Ranh International Airport’s new terminal which is now under construction, and on track to be complete in first half of 2018. The…
Fashion house Calvin Klein Vietnam has opened a store in Vincom Ba Trieu, Hanoi. The store is located on level two of the shopping centre, and offers items from latest collections including jeans, underwear and accessories for women and men. Inside the 147sqm…
New route launches by Thai Vietjet is expected to bring significant increases in passenger traffic between Thailand and Vietnam starting next month. This follows the official announcement that Thai Vietjet has just received the recertified AOC (Air Operator…
Vietnam’s aviation agency has proposed a plan to upgrade three international airports near popular tourist destinations Ha Long, Hoi An and Hue over the next three years. The project is expected to cost VND23.3 trillion (more than $1 billion) and includes new…
People with a literal taste for the outdoors will be pleased to know that more street food zones are expected to open in downtown Saigon following the success of the first two areas and the need to keep the city’s sidewalks in order. Seven out of ten wards in…
Le Thu Trang recently switched from a Gucci bag to a Prada design for a fresh look, but the decision did not put a massive dent in her bank account. Both of her bags are counterfeits and cost 20 times less than the originals that can be found in the stores of…
Vietnamese people consumed more than 4.9 million packs of instant noodles last year, behind China, Indonesia and Japan, new data shows. Vienam has held fourth spot since 2012 in the rankings compiled annually by the World Instant Noodle Associations (WINA).…
Sky Villas Tower is at the heart of the EverGreen Project, ideally located on Nguyen Luong Bang Street in Phu My Ward, District 7 with 3 sides facing rivers. The project’s main investor is Tai Nguyen Company with total investment capital of about VND8…
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