Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
‘Between Nivea’s ‘white is purity’ ad and Pepsi’s ‘Black soda matters’ ad, I think it’s time to open my ‘Ask a Black person’ consulting firm.’ Recent high-profile advertising missteps by Pepsi and skin-care company Nivea underscored anew Madison Avenue’s…
The ride-hailing firm has now secured approval from local authorities after two previous rejections. The Vietnamese government has finally approved Uber’s application to trial its ride hailing services, a minister said, after having rejected requests from the…
Vietnam’s richest woman with an estimated net worth of $1.2 billion says she’s not used to the new title yet. CEO of Vietnam’s rising budget carrier VietJet said her main goal in business is not money or a “billionaire” title, which she received last month as…
At the AGM on March 25, LienVietPostBank’s shareholders agreed on this year’s development plan, aiming to reach US$66.2 million in pre-tax profit, 10 per cent higher than that of 2016 (US$59.5 million). Furthermore, the expected dividend rate was raised to…
The airline will have to wait for Tan Son Nhat International Airport to complete expansion. Vietstar Airlines, a military-run company, will have to wait for the completion of an expansion project at Ho Chi Minh City’s Tan Son Nhat airport before it can get a…
The Government removed price ceilings on dairy products for children under six from April 1, 2017 according to the Ministry of Industry and Trade’s proposal. The Government has direct the ministry, other ministries and related agencies to manage prices of…
Ride-hailing firm Grab Indonesia has acquired e-commerce startup Kudo for an undisclosed amount, striking its first deal since pledging to invest US$700 million in its largest market. Kudo helps consumers without bank accounts to shop online by connecting…
Chanel Vietnam has opened its first dedicated cosmetics and perfume boutique. The 133 sqm store is located on the ground floor of the Saigon Center shopping mall in the heart of Ho Chi Minh City. It is decorated with a three-color theme of black, beige, and…
The Vietnam Logistics Association (VLA) on Wednesday launched a ceremony to implement the Government’s first national action plan to improve the country’s competitiveness and its logistics sector by 2025. Lê Duy Hiệp, VLA chairman, said that VLA had been…
A Lotte Group executive says the retail giant will continue to invest in its China business despite diplomatic tensions. Chinese authorities last month closed dozens of Lotte stores following inspections, ramping up pressure on South Korea’s fifth-largest…
The Ministry of Agriculture and Rural Development in turn estimated the export volume in the first quarter when compared against the same three months last year to have dipped 5.4% to 449,000 tons with revenue jumping 25.6% to US$1 billion. Average prices in…
A shortage of capital is the key problem of both Line 1 (Ben Thanh – Suoi Tien) and Line 2 (Ben Thanh – Tham Luong) urban railway projects. The Ho Chi Minh City People’s Committee is the developer responsible for the two projects. At the Metro Ben Thanh-Suoi…
The iPhone maker warns of legal action against copyright infrigement and distribution of unauthorized products. American tech giant Apple has requested unauthorized shops in Vietnam to stop using its logo and trademarks and selling smuggled products. Vo Tran,…
Vietjet Aviation Joint Stock Company and Boeing [NYSE: BA] have finalized an order for 100 737 MAX 200 airplanes, the largest ever single commercial airplane purchase in Vietnam aviation. His Excellency Mr. Trần Đại Quang President of the Socialist Republic…
The company expects its annual sales to rise 3 percent against last year. Vietnam’s biggest brewer Sabeco is aiming to push sales to more than 1.7 billion liters this year, an increase of 3 percent against 2016, in a bid to raise its annual revenue by 9…
Talking to VIR, an official from the Department of Enterprise Management under the Ministry of Transport said that AirAsia has yet to submit an official application to establish a joint venture with Gumin and Hai Au Aviation. Civil Aviation Authority of…
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