Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Domestic auto assemblers and parts suppliers are showcasing their latest products at the 14th International Automobile and Supporting Industries Exhibition (Auto Expo 2017), which opened in Hanoi today. The four-day event, sponsored by the Ministry of…
Before bananas, white-flesh dragon fruits and mangos were constantly shipped to the Japanese market. Meanwhile, red-flesh dragon fruits reached Japanese consumers in March shortly after they were licensed for export to the East Asian country. Hidekatsu…
Uber launched a service package at the flat price of VND150,000 to carry passengers from any location in the inner city of Hanoi. In HCM City, Grab sometimes has a promotional fee of VND20,000 for trips to the airport. “You will have to pay VND130,000 for…
In five years, Grab’s network has grown from 40 drivers in one country to over 930,000 across 55 cities in seven countries including Vietnam. Ride-hailing firm Grab, Uber Technologies Inc’s largest rival in Southeast Asia, is likely to embark on a round of…
At a recent working session with the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), President and CEO of Mizuho Financial Group Yasuhiro Sato said Vietcombank is one of its most successful investments. He hoped the two sides will…
Today in Tokyo, Vietjet and Mitsubishi UFJ Lease & Finance Company Limited (MUL), a member of Japan’s leading finance group Mitsubishi UFJ Financial Group (MUFG), signed a strategic agreement as witnessed by Vietnam’s Prime Minister Nguyen Xuan Phuc and…
The convenience store chain reportedly plans to open 100 stores in Vietnam in the next three years. Seven & i Holdings, which operates Japan’s biggest convenience store chain 7-Eleven, will open its first outlet in Ho Chi Minh City this month, according to…
Air conditioners and fans have been going at full blast as locals take cover. Vietnamese people have been draining the national power grid in an effort to keep cool over the past few days as temperatures climb to record highs, especially in the north.…
Dao and her husband recently returned to Hanoi from Cambodia. “The way they (Cambodia) promote tourism is really professional, though the infrastructure and utilities are worse than Vietnam,” she said. “There are so many Vietnamese travelers in Cambodia. You…
Hot on the heels of the launch of the sensational promotion campaign of “Free summer, Fly for free”, Vietjet announces a three-golden-day promotion on 06, 07, 08 June 2017, which offers 800,000 promotional tickets priced from only HKD0 within the golden hours…
Hanoians favor Hanoi beer, Sai Gon beer and Heineken. There are no official statistics about the consumption of beer products, but analysts are sure the three brands dominate the Hanoi market. Hanoi Beer Alcohol and Beverage Corp (Habeco) has the Hanoi Beer…
Most online transactions in Vietnam involve cash, which is difficult to track and tax. District tax departments in Ho Chi Minh City have sent out tax demands to nearly 13,500 Facebook retailers in a move to target tax avoidance by online businesses. Since…
Vietnam exported 2.3 million tons of rice worth US$1 billion in the first five months of the year, up 1.6% in volume and 1.2% in value year-on-year. China remained Vietnam’s largest rice importer, accounting for 47.5% of the nation’s total rice exports. More…
Some are being forced to offload their assets and close with the weight of massive loans bearing down on them. Major private hospitals in Ho Chi Minh City are struggling to turn a profit despite making massive investments in infrastructure and equipment. Some…
Japanese air conditioner manufacturers are set to expand in Vietnam, touting their high-quality products and appeal to the country’s growing urban middle class. Leading Japanese electronics corporation Panasonic is ready to manufacture air conditioners in…
Vietjet Aviation Joint Stock Company yesterday signed an agreement with CFM International – a joint venture of GE and Safran, in Washington on supporting 215 engines to power the airline’s fleet under the witnesses of Vietnam’s Prime Minister Nguyen Xuan Phuc…
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