Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Twenty-four-year-old Ms. Trinh Van Anh, the manager of an international school in Hanoi, does not have a life insurance policy and hasn’t thought about getting one, even though her monthly salary of $1,000 is higher than most of her peers. “No one recommends…
Vietnam is well known for its tropical fruits, but it has to meet many strict requirements by importing countries in order to export its fruit. GDC said Vietnam’s fruit export turnover in 2016 reached $2.46 billion, a sharp increase of 33.6 percent compared…
About 700 000 hectares of rice and other agriculture crops in Vietnam were destroyed by climate-induced natural disasters in 2016, reports the Ministry of Agriculture and Rural Development. Consequently, rice production, which was hit the hardest, fell by…
The exhibition, the second edition, is being held with numerous challenges facing domestic manufacturers and importers. A wide range of models from commercial and sport bikes to motors were showcased at the exhibition. A number of activities were also held…
Vietnam’s Viettel is reportedly eyeing a foray into Indonesia and Nigeria as part of its international expansion drive. The military-run operator’s Viettel Global subsidiary is planning to enter the two markets due to their large populations. As of June last…
The KAfe, Coffee Inn and Saigon Café recently shut down, following the closure of big foreign chains Gloria Jean’s and NYDC in recent months. Discouraged by the departure of such chains, many investors have postponed their plans to open new shops. Meanwhile,…
Vietjet has just launched two new routes on both the international and domestic fronts in its continued service extension program. The new routes are expected to meet the increasing travel demand of individuals, travelers and businessmen, looking to boost…
Many private hospitals in HCM City are on the verge of shutting down as most average patients prefer cheaper prices at public hospitals. Diep Van Phat, chairman of the International Phuc An Khang Hospital (Ipak), ordered employees to stop receiving patients…
Following Shinhan Vietnam’s successful acquisition of ANZ Vietnam’s retail business, fellow Korean banks have also expanded their sizes and market share in Vietnam, seizing the lead in the foreign bank race on the Vietnamese market. Shinhan getting stronger…
Co-working spaces remain in the initial stages of development in Vietnam and are concentrated primarily in major cities like Hanoi and Ho Chi Minh City. Hanoi now has around 14 co-working projects providing more than 7,000 sq m while HCMC has around ten…
The Vietnam Association of Seafood Exporters and Producers (VASEP) is showcasing Vietnamese seafood products at the Seafood Expo Global, which is being held in Brussels, Belgium, from Tuesday to Thursday. In a 264sq.m. booth, the association introduced Viet…
Many companies in Viet Nam, such as FPT Group, BIDV, Bao Viet Life Insurance or Hoc mai online education portal, are using Facebook Workplace. Participants heard this at a workshop to share success stories of Workplace, an enterprise social network for daily…
Vietnamese consumers are the most socially-conscious in Asia-Pacific according to the Corporate Sustainability Report from Nielsen released on April 26. The report indicates that up to 86 per cent of consumers in Vietnam are willing to pay higher prices for…
For many Vietnamese, Indian cars prove to be the best choice. The products are described as ‘unprecedentedly low’ with the import price of VND84 million, CIF, not including tax. A GDC report shows that in January 2017, Vietnam imported 5,425 cars, worth $97…
Smartphone adoption in Vietnam is now at 72 percent and the same as in the US, but a far higher proportion of Vietnamese travelers use smartphones to research hotels and travel than people in the US do, according to Google’s 2016 Consumer Barometer report.…
Nearly 54 percent of online shoppers visited trading websites on mobile phones, higher than those accessing by desktop. The data was created from a survey of more than 27,000 client websites of Bizweb, an online commercial solutions platform. The results…
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