Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Sugar output in 2015-2016 drops to 1.2 million tons as a drought damaged sugarcane areas last year. The Vietnamese government has set a target to fully divest from sugar mills by the end of this year, which is aimed at raising the competitiveness of the sugar…
The country could become one of the next outsourcing hubs for software development, industry players said. Vietnam’s growing information technology (IT) is seen driving recruitment demand and boost salaries for tech jobs, a recent survey found. As many as 81…
Vietnamese private budget airline VietJet’s market cap surpassed that of state-owned Vietnam Airlines on Monday. VietJet grabbed headlines with bikini-clad flight attendants when it was launched in 2011 and its success on the Ho Chi Minh stock exchange…
The country is number one in the world for local content, but scores poorly on internet education. A new index that measures a country’s internet for its availability, affordability, relevance of content and public access has found that Vietnam is doing…
Some major brands in Việt Nam had to stop advertising on the world’s largest online video site, YouTube, when these brands’ advertisements were linked to clips containing poor content. According to information from the Authority of Broadcasting and Electronic…
In a proposal submitted to the Da Nang Department of Information and Communications, the local Traffic Safety Committee wrote that the unauthorized operations of Uber and Grab could worsen traffic in the city. The committee asked the department to have…
Japanese enterprises in banking and finance are now the biggest foreign shareholders in Vietnamese banks, financial and financial leasing companies, and their Vietnamese partners highly regard their expertise and support. Recently, Sumitomo Mitsui Trust Bank…
Both The Vietnam Posts and Telecommunications Group (VNPT) and Vietnam Bank for Agriculture and Rural Development (Agribank) plans to auction their holdings in Maritime bank and Ocean Bank (OCB) in March. VNPT has registered to offload its entire holding of…
On March 3, Uber lost to Transport for London (TfL), the local government agency managing the city’s transport system, in its case to challenge the latter’s requiring all taxi drivers to take a written English test. TfL introduced the requirement, which is…
They include YG Entertainment, which manages many of Korea’s biggest stars like Big Bang, 2NE1, PSY, Epik High, Choi Ji Woo, Black Pink and Lee Jong Suk, its subsidiary YGKplus, the country’s leading modelling agency, and Naver.com, the country’s biggest…
One in four Crocs stores will be closed globally as the maker of the world’s ugliest shoes plots a survival plan. The store cull was announced along with another quarterly loss: the shoemaker finished its last three months US$44.4 million in the red, albeit a…
Hong Kong-headquartered multi-format retailer Dairy Farm International has celebrated its 130th anniversary with a strong set of results, with food, home furnishings and restaurants delivering higher profits. Total sales, including those of associates and…
South Korean conglomerate Lotte is to build a second Hanoi mall. It will be in a 200,000 sqm complex near West Lake in the Vietnamese capital, The Korea Heraldreports. Included in the mall will be a department store, supermarket and a cinema, all to be…
Nearly 30 firms and 20,000 farmers will take part in producing 25,000 tonnes of tea of international standards in a project to promote the private-public partnership (PPP) model in tea production. The information was released at a conference to launch the…
More than 14,450 enterprises were set up in the first two months of this year, with a total registered capital of over VND152.5 trillion (US$6.71 billion), up 3.9% in terms of number of enterprises and 35% in terms of registered capital over the same period…
Techcom Việt Nam Real Estate Investment Trust (TCREIT) made debut on the HCM Stock Exchange (HOSE) yesterday under the code FUCVREIT at a par value of VNĐ10,000 (44 US cents) per fund certificate. Five million FUCVREIT fund certificates were floated on the…
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