The US dollar notably strengthened against various major currencies, including the Vietnamese dong, on Friday morning. The upward trend was observed as Vietcombank, a leading Vietnamese retail bank, increased the selling price of the dollar by 0.04% to…
Vietjet Aviation Joint Stock Company, a leading player in the commercial aviation sector, experienced robust financial and operational outcomes in the second quarter and first half of 2026. This growth was fuelled by stable travel demand, the airline’s…
FLC Group, the parent company of Bamboo Airways, has appointed former Boeing Vietnam country director, Michael Vu, as vice chairman. Vu formally assumed his position on Saturday, as announced by FLC, and will supervise the group’s aviation business and…
As of mid-July, businesses in Vietnam have allocated over US$3 billion towards the importation of raw cashew nuts, primarily sourced from Cambodia. This represents the highest recorded amount for the same period. According to customs data, Vietnam had…
In the first half of this year, Indonesia witnessed a significant surge in sales of gold bars and coins, amounting to 38.1 tonnes, according to the newly-released statistics. This figure surpasses the combined sales of Thailand and Vietnam, which stood at…
In the most recent quarter, Vietnam became the only Southeast Asian country to experience a decrease in the demand for gold bars and coins. This drop in interest from consumers is largely attributed to the steep decline in gold prices. In the second quarter,…
Extended periods of rainfall have negatively impacted dragon fruit production, resulting in a doubling of farm-gate prices since May to VND15,000 (US$0.57) per kilogram. The price of the red-fleshed variety has seen an increase to VND20,000 in the Central…
India recently greenlit fresh durian imports from Vietnam. This move gives exporters the opportunity to tap into a market boasting 1.47 billion consumers, and also offers them an alternative to their traditional target destinations. The decision to include…
In Vietnam, gasoline and diesel prices soared to their highest levels since May 28 on Thursday afternoon. The popular fuel E10 RON95 rose by 6.6%, reaching VND22,850 (US$0.87) per liter, while Biofuel E5 RON92 experienced an increase of 7.2%, costing…
AI-supported comprehensive health screening is becoming increasingly accessible in Vietnam, granting both local and overseas Vietnamese the opportunity to access preventative diagnostic services. In the past, these services were usually sought after in…
The Vietnam Chamber of Commerce and Industry (VCCI) recently rolled out a leadership advancement initiative aimed at fostering a new cohort of globally competitive CEOs within the nation. The undertaking, dubbed “CEO Vietnam The New Era,” aims to imbue top…
During the first half of this year, Vietnam emerged as the leader in Southeast Asia for battery electric vehicle (BEV) sales, with 115,986 units sold. This impressive figure marked a 71% increase compared to the previous year. Furthermore, BEVs accounted for…
Gold prices in Vietnam experienced a downturn on Tuesday as the dollar gained strength, affecting the value of the precious metal in global markets. The Saigon Jewelry Company reported a 1.05% decrease in the price of gold bars, now valued at VND141.5 million…
The State Bank of Vietnam has adjusted its central USD/VND exchange rate to an unprecedented high, reflecting a strong U.S. dollar in global markets. The central bank’s rate has escalated to VND25,306, marking a 0.05% increase from the previous day. Notably,…
In the first half of 2026, Ho Chi Minh City (HCMC) received over $4 billion in remittances, marking a considerable decrease of almost 23% compared to the same period in the previous year. Factors contributing to this downward trend include a sluggish global…
On Thursday, petrol prices in Vietnam saw a significant hike due to a surge in global fuel prices. The country’s most widely consumed fuel, E10 RON95, experienced a 4.28% price rise, bringing its cost to VND21,430 (US$0.81) per litre. There were similar…
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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