Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Vietnam plans to have at least 10 hi-tech agriculture production zones comprising 200 enterprises by 2020. To date, it has attracted 20 enterprises. 1. Vietnam-Australia JSC, a foreign invested enterprise with a branch in Bac Lieu province, has pioneered…
Though the market is relatively small, growth in most beauty and personal care categories is expected to continue to expand over the next decade as per capita spending rises commensurate with the upward trend in GDP per person per year and the country moves…
Analysts repeatedly warned that the competition in Vietnam would be fiercer as more and more big players, including foreign ones such as Asahi (Japan), Singha (Thailand), Corona (Mexico) and Royal (the Netherlands), have joined the market. However,…
After years of deliberation, Vietnam has finally made a historic decision to legalize sports betting. A new decree released on the government’s official website on Friday will allow citizens to bet on international soccer games and horse and greyhound races…
John Wu has been the ‘technology pillar’ of Alibaba for almost 10 years. The former technology director and a leading group of investors have poured nearly $3 million into Vntrip.vn – a Vietnamese startup operating in online hotel reservations. Le Dac Lam,…
In Vietnam today there are three popular e-commerce models: C2C (which connects customers to customers), B2C (business to customer) and Marketplace (which provides a platform to process transactions). In the pure C2C model, similar to classified…
The decree, titled 03/2017/NĐ-CP, allows foreigners and overseas Vietnamese situated abroad with a valid foreign passport to gamble in casinos in Vietnam. Vietnamese citizens can now also be admitted into domestic casinos, on a three year trial basis. After…
Car trading in 2016 saw the number of projects in the sector increasing sharply. About 505 projects in the field were licensed, ranking second in terms of foreign direct investment (FDI), just after real estate, according to the Ministry of Planning and…
Firms such as Agoda and Expedia will have to pay a 10 percent duty. The Ministry of Finance has told foreign accommodation booking services to pay taxes if they wish to continue operating in Vietnam. A document recently released by the ministry asked booking…
The daily flight was launched in December 2016 and is operated with an Airbus A320. “We congratulate VietJet on the launch of this exciting new service to Ho Chi Minh, which provides access to an important destination for our customers,” said Mark Whitehead,…
Young companies looking for their first home are spiking the demand for small-sized office space. Tan, a self-employed real estate broker, paid $5,000 per month for the use of a six-story building in downtown Ho Chi Minh City. He then turned it into 15 office…
Favourable transport infrastructure and the beautiful landscape are expected to boost tourism in the northern port city of Hải Phòng. Cát Bi International Airport and the Hà Nội-Hải Phòng expressway, which were put into service in early 2016, have helped…
Out of the three undersea internet cables that crashed in January, one still remains adrift. The repair work on the notorious Asia America Gateway (AAG) undersea cable system was completed on Thursday, quoting service provider CMC Telecom. The same day,…
Việt Nam expects to achieve US$3 billion as its total export value of vegetables and fruits this year, exceeding the vegetable and fruit industry’s target of $2.4 billion. “After many years of export value under $1 billion, in recent years, the export value…
Vietnam’s hottest buzzword for 2016 must have been startups, as never before have millions of young Vietnamese been so warmly encouraged to innovate and start their own business. To show its commitment to young entrepreneurs, the Vietnamese government named…
Hoang Thanh Van, director of the Ministry of Agriculture and Rural Development’s (MARD) Animal Husbandry Department, said MARD plans to boost trade promotion to export chicken. In 2016, Dong Nai provincial authorities sent a delegation of businessmen to Hanoi…
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