Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Vietnamese-French businessman Pascal Pham said he plans to invest in tourism startups in Vietnam. Club director of leading French communications group Skyboard, Pham said the first element that alerted him to Vietnam was the extraordinary Vietnamese diaspora…
Prices of oil and petrol products continued to decrease from 3pm on Saturday, following the latest price adjustment by the Ministry of Industry and Trade and the Ministry of Finance. The prices of RON 92 gasoline slightly dropped by VNĐ211 per litre, while…
Vietnam-based technology corporation CMC on May 19 released its anti-data encryption software CMC CryptoShield, which offers protection from ransomware. Ransomware is software that blocks access to a computer system until the hackers behind the attack are…
Hà Nội Beer Alcohol and Beverage Joint Stock Corporation (Habeco) targets total revenue of over VNĐ8.8 trillion (US$390 million) in 2017, up 9.1 per cent year-on-year. The brewer plans to earn pre-tax profit of VNĐ1 trillion this year, up slightly from 2016,…
The Philippines is likely to import an additional 250,000 tonnes of rice from Vietnam and Thailand. The Philippines government on Tuesday said the country would import more rice to boost its stocks ahead of the lean harvest season. The National Food Authority…
The Australia and New Zealand Banking Group (ANZ) plans to sell its Việt Nam retail business, a source close to the matter has told the Saigon Times Online. According to the source, three foreign and two local banks are hoping to acquire ANZ’s retail business…
Sakura Park is part of the Phu My Hung Midtown complex, Phu My Hung’s first development in cooperation with leading Japanese real estate companies. Designed by Bangkok-based Land Sculptor Studio, Sakura Park is a perfect combination of Japanese and Vietnamese…
Thailand is way ahead of the game, but Vietnam welcomed record tourism revenue in 2016. Tourists arrivals in Vietnam past the 10 million mark last year, and the $18 billion in revenue collected by the sector contributed around 7.5 percent to the country’s…
Samsung Electronics and three other units of the tech giant in Vietnam target combined sales of $60 billion this year. South Korean conglomerate Samsung expects that its strong smartphone business will boost sales in Vietnam by 33 percent this year. Four…
Amid a growing interest in Vietnam from global garment and technology companies, foreign logistics firms are expanding cross-border transport services between Vietnam, China, and other countries in the region to meet the growing demand. Dao Trong Khoa, head…
The electricity industry must improve its management and technology to reduce losses in the transmission grid as well as eradicate power stealing, which are very serious in rural and remote areas, delegates heard at a seminar in Con Dao Island in the southern…
With growing innovation in the sector, experts and investors note that wind power projects in Vietnam will be feasible with an 8-9 US cent per kWh feed-in-tariff. Vu Chi Mai, senior project officer at Geman Technical Cooperation (GIZ), highlighted at a wind…
Amazon, leading online shopping channel, has the potential to become a window for Vietnamese textile and garment products to gain access to European Union market. This was stated in Hanoi at a seminar, organised by Vietnam Textile and Apparel Association.…
Farmers need to be rescued again as prices of yet another item collapses. In recent days pork prices have dipped to a record low and also the lowest in the world. Pig on the hoof is sold at VND25,000-VND28,000 (US$1.11-1.24) per kilogramme. The situation is…
Following recent complaints that several banks in Viet Nam have stopped providing ATM services at night, the State Bank of Viet Nam (SBV) has ordered all banks nationwide to provide ATM services 24/7. Local media reported that many ATMs on the outside of…
Vietjet continues its international route extension program with the announcement of the launch of the Hanoi to Yangon (Myanmar) route, with tickets priced from only HKD70 (USD9). The new service, commencing August 31, 2017, is expected to meet the increasing…
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