Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
On May 31, the FLC Group announced that they will set up Viet Bamboo Airlines with VND700bn (USD31m) in charter capital. Viet Bamboo Airlines will also invest in the real estate and other sectors. The capital is just enough to allow FLC Group to join both…
The overall business climate index has fallen 7 points since the last quarter. The number of European businesses and companies with links to Europe that have a positive outlook about their futures in Vietnam has fallen slightly, according to the Vietnam…
The news that Thai Aerospace Services has been chosen by Honda as the distributor of HondaJet in the SE Asian market has caught public attention. HondaJet was launched in December 2015; the manufacturer received 100 orders from all over the world. The plane…
Most recruiters in Vietnam are thirsty for candidates to fill managerial and junior positions. Seven out of 10 employers in Vietnam are planning to recruit more staff in 2017, much higher than the regional average, according a market survey recently published…
The Ho Chi Minh City Department of Taxation has said recently that its data center is checking Facebook accounts used for conducting business, with a view to determining any tax obligations. Not all individual Facebook accounts, however, have to pay tax on…
The rice price is forecast to continue soaring in near future, buoyed by the higher demand for rice of some countries, but Vietnam is having difficulty boosting rice shipments, heard a seminar in Hanoi last week. A study conducted by the Institute of Policy…
The ride hailing company releases business data for the first time, one year after launching its motorbike service in Vietnam. More than 20,000 Vietnamese men and women have registered to work as motorbike taxi drivers for Uber, a representative of the ride…
The plan comes amid the government’s easing of rules to potentially allow more foreign investment in the aviation market. VietJet Aviation Joint Stock Co., which controls almost half of Vietnam’s domestic airline market, is in talks to become the first…
The Ministry of Finance has recently updated the list of registration fees for automobiles and mortobikes, which has increased the price of many luxury models. In Vietnam, the registration fee is between 10 per cent and 12 per cent of the car value in…
Vietnam ranks eighth among the countries in the world with the highest gold consumption in the first quarter of 2017, shows a recent report by the World Gold Council. Vietnam ranks eighth among the countries in the world with the highest gold consumption in…
Coffee exports for the 2016/2017 season have already fallen nearly 7 percent, based on government data. Vietnam, the world’s largest exporter of robusta coffee, will ship an estimated 120,000 tons (2 million bags) of coffee this month, the lowest volume in…
It is now in a race with budget carrier VietJet to become the first Vietnamese company to list abroad. Vietnamese online gaming and messaging firm VNG Corp said Tuesday that it has signed a preliminary agreement with U.S. bourse operator Nasdaq Inc to explore…
Vietnamese wood companies will not exploit, transport, process, produce or trade in illegal wood and wooden products, according to the Viet Nam Wood and Forest Association (VIFORES). With a view to achieve sustainable development of its exports, the wood…
The money market has been seeing unexpected happenings in the last two weeks. Until two weeks ago, the liquidity of the banking system had been in a state of tension because lending was higher than mobilized capital. According to the National Finance…
Industry leaders have called on distraught and anxious pepper farmers to remain calm and refrain from selling their produce at low prices, saying the current price plunge is most likely a fleeting phenomenon. Do Ha Nam, Chairman of the Vietnam Pepper…
According to the National Finance Supervision Committee, the deficit is likely to be 3.5% of exports. The trade deficit with China rose from US$3.7 billion in 2013 to US$28 billion last year. The US Federal Reserve (FED) is expected to increase the interest…
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