The authorities say sharing a car with a stranger comes with risks that passengers should not ignore. It’s yet another bumpy ride for popular ride-hailing services Uber and Grab. Their new carpool versions in Vietnam, UberPOOL and GrabShare, have been blocked…
The industry’s growth for 2012-2016 period was 38%, the highest rate in the South East Asia. About 45% of the new cars were registered in Hanoi and HCM City. As of 2016, about 211,000 vehicles were registered in HCM City and 291,000 in Hanoi. 600,000 cars…
Vietjet reported continuous growth in its business performance in May with the addition of three new aircraft to its new generation fleet, the launch of new international routes and increased frequencies of international flights to meet the increasing travel…
According to a report issued June 26 by Binh Son Refining and Petrochemical Company (BSR), the operator of the US$3-billion Dung Quat Oil Refinery in Quang Ngai Province, the country is projected to consume 6.5 million tons of gasoline and 8.5 million tons of…
Discussions for the annual wage increase have started, and as expected, the business group at the table, the Vietnam Chamber of Commerce and Industry, has come in with a relatively low offer of 5 percent for 2018. That would be down from the 7.3 percent hike…
Hanoi will manage the operation of app-based taxi service, including Uber and Grab, in a way similar to traditional taxis to guarantee a fair business environment. The move followed Hanoi, HCM City and Danang taxi associations petitioning the Ministry of…
The developer expects the project, designed by renowned experts, to stimulate tourism in Quang Ninh Province. Sungroup plans to open its luxury resort complex Sun Premier Village Ha Long Bay at Wyndham Legend Halong Hotel in the northern province of Quang…
Although the buyers identity was undisclosed, the private source confirmed that the two sides are finishing the paper works. One Member Limited Liability Global Petroleum Bank (GPBank ), another zero VND bank, may be sold to a consortium of a foreign…
Repair work on the broken international cable won’t start until July 3 and will take at least 10 days to complete. International internet connections in Vietnam are likely to remain slow for another three weeks with repair work to a major internet cable which…
With supply exceeding demand, farmers are being told to hold on to their stocks and wait for prices to rise. Vietnam’s pepper shipments are forecast to reach around 101,000 tons for the first six months of 2017, up 13 percent on-year, but revenue is likely to…
With both local and international operators strongly expanding into co-working in Vietnam, the industry is expected to develop rapidly, experts have said. An office building for lease in Ha Noi. Co-working offices are in great demand thanks to the…
Restructuring the textile and garment industry involves drawing up a new development strategy, using new technologies, and closing fiber and textile factories that use outdated technologies. The Nam Dinh Textile & Garment JSC has undergone ‘major surgery’.…
With a slate of brands operating nearly 2,000 stores, the remaining space for expansion is limited. The first outlet of 7-Eleven, the largest convenience store chain in Japan, opened in Vietnam last week with a lot of fanfare. Thousands of people lined up and…
Minister of Agriculture and Rural Development, Nguyen Xuan Cuong said the export potential of fruits and vegetables is huge, with the products key to restructuring the sector. Cuong said the ministry has focused on promoting the use of modern technologies in…
Japanese cosmetic brand Nars has landed in Vietnam, opening a brand new store in Ho Chi Minh City. Located on Dong Khoi Street inside Vincom Center mall, Nars’ debut store offers Vietnamese customers all of the makeup brand’s newest and most popular items.…
The firms have complained about supposed unfair competition with Uber and Grab. Vinasun said the average wage for drivers had dropped and many drivers had already quit. The firms demanded authorities apply measures to ensure fairer competition such as forcing…
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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