Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
The total loans of the banking system are expected to grow by 16.33 per cent in 2017 against December last year, lower than the Government’s limit of 18 per cent. The State Bank of Viet Nam released the information this week after conducting a survey on…
Vietnamese farmers have been hit by a glut in supply for months.
The superb performance of Vietjet in its operations, services and management has gained the appreciation of the Council of the International Civil Aviation Organization (ICAO). The ICAO delegation, led by president Dr. Olumuyiwa Benard Aliu and ICAO APAC…
The influx of foreign fast fashion brands into Vietnam is threatening local retailers’ market share, forcing the firms to move to keep their foothold in the market. Le Thi Quynh Trang, General Director of the Multimedia JSC – which runs many fashion…
Forbes Vietnam on Monday announced the Vietnam Dairy Products Joint Stock Company (Vinamilk) topped the 40 most valuable companies in the country with a value of more than US$1.7 billion. This is the second time Vinamilk has reached the top in the Forbes…
Low-cost carrier AirAsia Bhd will begin offering daily, non-stop service between Nha Trang, Vietnam and Kuala Lumpur on Sept 14. In a statement today, AirAsia said the new service will mark the airline’s fourth route into Vietnam, after Ho Chi Minh City, Da…
With PasGo, you can make online restaurant reservations and enjoy a wide range of discounts for free. Restaurant reservation application PasGo was launched in Vietnam in 2014 to present a complete tech solution for both diners and restaurants. When you have…
The Vietnam National Textile and Garment Group (Vinatex) must innovate its technologies as soon as possible in order to increase its market share, said Le Tien Truong, the group’s General Director, at its share-holders’ meeting held in Hanoi on June 29.…
There were 61,276 newly-established enterprises in Vietnam in the first half of this year with total capital of VND596.196 trillion ($26.22 billion), according to the Ministry of Planning and Investment (MPI). Numbers were up 12.4 per cent year-on-year while…
The country, at number 47, is now only behind Singapore and Malaysia in Southeast Asia. Vietnam has been named the 47th most innovative economy in the world, its best performance to date, according to this year’s Global Innovation Index report. The country…
In the past, convenience stores differentiated themselves from privately run groceries by position, diverse goods and modern services. Now, they tend to set up large stores integrated with fast food shops to attract youth and office workers. HCMC residents…
Vietnam is trying hard to become a startup nation. The country kicked off its own “Silicon Valley” with the hope of transforming from a software outsourcing haven to a major tech hub last year. This complex, with total investment of $21.5 million, is aimed at…
Nielsen has forecast that the Vietnamese e-commerce market will grow 22 per cent this year and 13.2 per cent by 2020. According to the Vietnam E-commerce Association (VECOM), the local e-commerce sector will become a 10-billion-dollar business in the next…
They include 12 brands of 10 members of the Viet Nam Automobile Manufacturers Association (VAMA) including Chevrolet, Ford, FUSO, Honda, Isuzu, Mercedes-Benz, Mitsubishi, Nissan, Suzuki, Toyota, and Do Thanh. The exhibition will also feature over 50 companies…
Thirteen provinces and cities in Mekong Delta received 7.6 million travelers in 2016, including 900,000 foreign travelers, or 10 percent of total foreign travelers to Vietnam. Under the plan for Mekong Delta tourism development, the region would have turnover…
In recent years, professional systems that take care of breeding, veterinary services, and the buying and selling of pets have emerged in the province. Tran Tan Dat, a resident in Chau Thanh District’s Huu Dinh Commune, for example, invested in a pet-raising…
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