Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Despite robust growth in passenger numbers, the state-owned Airports Corporation of Vietnam (ACV), which operates the country’s civilian airports, generated only $81 million from non-aeronautical businesses such as airport retail in 2016, or 15 percent of the…
Singapore developer CapitaLand plans to build a 240 metre tall office tower in downtown Ho Chi Minh City, apparently anchored by at least four storeys of shopping mall. While CapitaLand has already established a strong presence in Vietnam in the accommodation…
The Ministry of Labor, Invalids and Social Affairs said in its report that the ministry has focused efforts on looking for solutions to develop the labor export market as the domestic market is having trouble. Around 1.6 million people were offered jobs last…
Meat and Livestock Australia (MLA) has unveiled that the first large-scale purchase of an Australian cattle ranch – for beef production – by a Vietnamese company has been made, in the Northern Territory, south of Katherine. The purchase of the US$13.6 million…
VietJet Air has gone from start-up to Vietnam’s largest private airline in five years. Now it is pushing overseas to keep up that growth and absorb a bumper order of more than 200 planes – no easy task in a cutthroat Asean market. The airline, which was set…
Vietnam – known for its deep-rooted coffee culture – has become one of the most diverse markets in Asia for the uplifting beverage, with scores of global giants, local chains and small cafés severing a wide variety of freshly roasted beans. Domestic chains…
Airport Corporation of Vietnam (ACV), which manages the 22 airports across the country is basically done negotiating the sale of a 20 per cent stake to Aeroports de Paris (ADP). According to a source of VIR, the two companies are on their way to sign the…
Vietnam’s Mobile World – the electronics retailer – says it plans to open 300 more grocery stores under the Bach Hoa Xanh banner this year. The convenience store chain targets time-poor Vietnamese housewives who prefer small stores to crowded supermarkets or…
Several commercial banks have in the early days of 2017 posted positive business performance for 2016, with profits much higher than the previous year. The Bank for Foreign Trade of Vietnam (Vietcombank) was the first bank to report pre-tax profit in 2016,…
Viet Nam Textile and Garment Group (Vinatex) on Monday signed a strategic co-operation agreement with Japanese firm Itochu, witnessed by PM Nguyen Xuan Phuc and his Japanese counterpart Shinzo Abe in Ha Noi. Itochu is expected to help Vinatex make a change in…
Despite a large number of Internet users, investment for online advertisement in Việt Nam remains modest, a conference heard on Thursday. The Institute for Brand and Competitiveness strategy co-ordinated with the Việt Nam Internet Association and Việt Nam…
Customers must be at the centre of banks’ attention as they make a move towards digital transformation in an effort to adapt to a changing landscape of financial innovation and disruptive technologies. This was said by head of Retail Banking at VP Bank,…
Nearly 200 Vietnamese enterprises are participating in the component supply chain used by three Samsung plants in Việt Nam, including 20 tier-1 vendors and 178 tier-2 vendors. Also, Samsung plans to raise the number of level-1 suppliers in Việt Nam to 29 this…
Myanmar has formally awarded its fourth and final nationwide telecoms license to a joint venture consisting of Vietnamese military-run operator Viettel and local ICT companies. The consortium has been awarded a 15-year license to offer nationwide services in…
Taiwanese bubble-tea brand Sharetea has launched into Vietnam with a store on the walking street of Nguyen Hue in central Ho Chi Minh City. Sharetea has more than 450 stores in more than 18 countries. Its drinks are made from tea leaves and ingredients…
Big bonuses are being offered by airlines to woo more pilots. Vietnamese airlines are grappling with what they believe to be a serious shortage of professional pilots, so to keep the pilots they currently have on their payrolls and to lure new ones, they are…
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