Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Vietnamese now tend to prefer outbound tours instead of domestic ones as it has become less costly to travel abroad and foreign agencies are more professional in promoting tours. Travel firms including Vietravel, Saigontourist, Du Lich Viet and Tugo have…
United Overseas Bank is the first Singaporean institute to be given a license to start up shop in Vietnam. The State Bank of Vietnam has granted a license for Singapore’s United Overseas Bank Ltd (UOB) to open a fully-fledged foreign-owned bank in Vietnam,…
Netflix ended the rencent quarter with 103.95 million subscribers. Netflix on Monday reported that its number of subscribers climbed more than expected, topping 100 million worldwide and sending shares in the leading on-demand television service soaring.…
The new company is expected to improve logistics services at Vietnam’s northern port city of Hai Phong. Quang Binh Import and Export Joint Stock Company has inked a joint venture deal with Transworld GLS Vietnam Ltd, a unit of Transworld Singapore Group, to…
Drinkers are foaming at the mouth in ‘the next key battleground for brewers.’ With the Vietnamese thirst for beer seeming to know no limits, brewers are finding it hard to resist tapping into the country’s fertile market. Vietnam is forecast to lead Southeast…
With the rapid evolution of technology and the internet, consumers are changing their attitudes and behaviours. Therefore, moving fast to understand changes in consumer demands is crucial for any business to grow sustainably, according to research conducted…
Military-run telecom group Viettel, one of Vietnam’s three largest mobile service providers, recorded a pre-tax profit of VND1 trillion (US$41.2 million) from its overseas investments in the first half of 2017, a 156 percent year-on-year increase, according…
Vietnam’s tourism market offers huge opportunities for start-up companies if they promptly seize technological trends to create special and unique tourism products, heard a workshop in Ho Chi Minh City on July 20. A report delivered at the workshop, jointly…
DHL eCommerce, a division of the world’s leading logistics company, Deutsche Post DHL Group, has launched its nationwide domestic delivery operations in Vietnam. The domestic delivery network will offer a high quality delivery service across Vietnam and a…
International brand names are starting to grab the attention of HCM City’s fashion-conscious people, clearing the way for more ready-to-wear clothing stores in Vietnam. More than 50 well-known brand names, such as Giordano, Mango, Zara, Topshop, Gap and Old…
Vietnamese government has given the greenlight to the German automobile manufacturer BMW to access and run maintenance services on a batch of 700 BMW cars being held at Vietnamese ports after Euro Auto—BMW’s official distributor in Vietnam—was charged with…
Phone distribution chains are selling many other products together with mobile phones to earn extra money. On its website, in addition to mobile phone and laptop models, Hnam Mobile displays 30 perfume products of different brands, priced at between hundreds…
Vietjet Aviation Joint Stock Company’s (HOSE: VJC) Board of Directors today approved a resolution for a dividend advance payment with the rate of 20% in cash of US9 cents per share (VND2,000) for the first stage of 2017. The registration deadline is July 31,…
The Vietnamese stock market has surpassed its counterparts in the Philippines, Indonesia and Thailand to become the fastest-growing market in the region in the first six months of the year. In late May, Thang, an investor in Hanoi, decided to re-activate his…
While the Ministry of Industry and Trade (MOIT) and experts have decided that Vietnam needs to develop an automobile industry of its own, other experts believe that the ‘automobile dream’ is ‘far away’ and that Vietnam should focus on making 2-wheel vehicles.…
Lower outflow from Vietnam, coupled with falling exports from Brazil, could reduce the downward pressure on prices created by ample stocks in importing nations. Vietnam’s coffee exports fell last month by more than a fifth from the same period last year,…
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