Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
VCAR, a new generation Limousine of Vietnam, has been launched at a recent ceremony with the participation of nearly 300 businessmen and investors from many Southeast Asian countries like Malaysia, the Philippines, Thailand and Singapore. Since the limousine…
Imported coal is currently cheaper than what’s available on the domestic market, so which industry should the government support? Thousands of workers at Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) could lose their jobs if…
Farmers are growing more food than the population can eat due to a breakdown in communication. Vietnam’s Ministry of Agriculture and Rural Development (MARD) launched a new department on Wednesday aiming to “rescue” the country’s farm products. Despite its…
The plight of traditional taxis has received little sympathy from members of the public, who say they are fed up with unreliable services. Vietnam’s second biggest taxi firm Vinasun said it lost over 4,200 drivers in the first quarter of 2017 while more than…
FPT Corporation Chairman Truong Gia Binh and Asanzo Vietnam CEO Pham Van Tam share their outlook on the Industry 4.0 trend. Industry 4.0, short for emerging technologies like cloud, artificial intelligence and machine learning, is considered the fourth…
Yesterday, at the Paris Airshow 2017 held in Paris – France, Vietjet signed with Safran the SFCO2 agreement for fuel efficiency solution. The SFCO2 service contract spans five years, starting in 2017, and covers the entire fleet of the Ho Chi Minh City-based…
Tax collectors have reached out to more than 13,400 businesses, following a similar move by their peers in Ho Chi Minh City. The Hanoi Department of Taxation has sent text messages to 13,422 Facebook accounts that use the social media network as a retail…
Many subscribers say they have already provided copies of their ID cards, so why is the new regulation necessary? Mobile subscribers in Vietnam are objecting to a government regulation which requires them to provide a portrait photo of themselves when they…
Successful business owners would have faced up to two years in jail if they failed to register under the previously flawed law. Vietnam’s lawmakers have officially removed a controversial clause from the Penal Code that would have allowed criminal proceedings…
At the carrier’s annual shareholder meeting on Tuesday, it was said that the 191 million shares with a par value of VND10,000 (44 US cents) per share could be sold in the fourth quarter or at any other time that the management board decides. Current…
To successfully deploy big data in the banking sector, there must be a comprehensive strategy using professional teams who have deep understanding of both finance and technology, said Nguyen Kim Anh, Deputy Governor of State Bank of Vietnam. At a conference…
Dinh Trong Thinh, an economist, said that listing shares on foreign stock markets is the goal of many enterprises because joining transparent financial markets will help them become global companies. However, Vietnamese enterprises will have to satisfy strict…
In June, Bibica announced that it has received PAN Food’s offer to purchase 7.27 per cent of its outstanding shares in the market, an equivalent of 1,121,670 shares, at the price of VND112,800 ($5) apiece. It means that PAN Food will have to spend about…
Fashion lovers will have yet another reason to go shopping with the brand’s first store opening in the Vietnamese capital. High street retailer Zara has announced plans to open its first store in Hanoi in October. The world’s leading clothing and accessories…
Inflation this year is forecast at 2.6 per cent amid fluctuations in prices on world markets and adjustments in the cost of public services, according to the latest report from the government watchdog, the National Financial Supervisory Commission (NFSC).…
A high salary bill and increased competition dragged on the carrier’s income last year. Vietnam’s national flag carrier Vietnam Airlines (VNA) has set a revenue target of VND87.9 trillion (nearly $4 billion) for 2017, up 22.7 percent from last year. A report…
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