Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
That’s the maximum jump allowed for stock price on its debut day by Ho Chi Minh Stock Exchange. Vietnam’s biggest private airline, jumped by the maximum 20 percent limit in early trading on debut on Tuesday to hit 108,000 dong ($4.74), data from Ho Chi Minh…
“The size of Vietnam’s e-commerce market may reach $10 billion within the next five years,” he added. Ms. Dang Thuy Ha, Chief Representative at market researcher Nielsen in Hanoi, said the e-commerce market was worth up to $4 billion last year. Of Vietnam’s…
The assessment was released at an event to introduce the Mekong Beauty Show 2017 in Ho Chi Minh City on February 23. Statistics show that Vietnam’s cosmetics market is potential with revenue of 26 trillion VND (1.14 billion USD) in 2015 and has maintained a…
Previously, casinos were only open to foreign passport holders and gambling was illegal in Vietnam. The prime minister recently signed Decree 6 that allows eligible firms to sell tickets and provide betting services on horse and dog racing and betting on…
According to GDC, in January 2017 alone, Vietnam imported 1,000 cars from India, worth $3.7 million in total. The average import price was $3,700 only, or VND85 million, the price level described as ‘surprisingly low’ and ‘dirt cheap’. The imports from India…
Huong, an office worker in Hoang Mai district in Hanoi, said she reserves a budget of VND2-3 million for buying new clothes every month. But she does not want products bearing Vietnamese brands, but preferably orders Zara and Mango products from overseas…
Malaysia’s Chatime bubble-tea stoush continues, with a fresh argument regarding outlet loyalties. Taiwanese Chatime franchise owner La Kaffa International says nearly 50 outlets will stay with it, while former Malaysian master franchisee Loob Holdings claims…
A giant container vessel arrived at Cai Mep International Terminal in Vietnam’s southern region Monday, helping mark the port on the world’s shipping map. The 194,000-DWT Margrethe Maersk of 399 meters long of the world’s biggest container ship family was…
Ta Long Hy, chairman of HCM City Taxi Association, told a conference on Thursday that the taxi market has seen unfair competition between traditional firms and foreign companies with strong financial potential and state-of-the-art technologies. Hy said the…
Prestigious real estate developer Phu My Hung plans to launch its new apartments, developed in cooperation with three leading Japanese partners, in Ho Chi Minh City in the coming weeks. The Grande is built over 5,540 square meters. The 26-floor building, with…
A leaked picture would suggest Samsung’s latest smartphone, the Galaxy S8+, is being manufactured in Vietnam, despite last year’s Galaxy Note 7 saga. The picture shows the back panel of a phone tagged with “Made in Vietnam” below the “Galaxy S8 6” branding.…
Vietnamese consumers’ higher confidence late last year has helped lift the country to be among the world’s five most optimistic nations, Nielsen said. The ranking is measured for the fourth quarter of 2016, with Vietnam’s Consumer Confidence Index moving up…
Japan’s convenience store chain 7-Eleven has started hiring staff for its Vietnam operation, as it seeks to expand retail business to one of Asia’s fastest-growing economies. The retailer is looking for full-time staff, including shop manager, salesperson,…
The Ho Chi Minh City government should work with Facebook on how to collect tax from businesses running on the social media site, officials said. The city currently hosts a dynamic e-commerce scene with more than 80,000 websites, half of which have stable…
Fast moving consumer goods (FMCG) sales showed the best improvement in three years in the last quarter of 2016, with 7.3 percent growth against the same period last year, according to the latest Market Pulse quarterly report released by Nielsen on Thursday.…
H&M Vietnam has revealed it will open its first store in Hanoi, not Ho Chi Minh City, the nation’s largest population base. The Swedish-headquartered fast-fashion giant has already commenced recruiting staff. According to the recruitment ads, H&M will open…
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