The U.S. dollar fell against the Vietnamese dong Monday morning as it inched up against major peers. In a notable shift, Vietcombank set the dollar at VND26,370, reflecting a 0.08% decline compared to the previous weekend’s rate. Meanwhile, in the black…
In a significant development for Vietnam’s consumer finance landscape, F88 has secured approval to list on the Unlisted Public Company Market (UPCoM), starting August 8 at VND634,900 (approximately US$24.21) per share. The listing will consist of over 8.26…
Vietnam is embarking on an ambitious initiative to establish an International Financial Center (IFC), a move poised to attract medium and long-term financial investments that will serve as a cornerstone for the nation’s socio-economic development. In tandem…
On Saturday, the price for gold bars from Saigon Jewelry Company surged by 1.73%, hitting VND123.5 million (approximately US$4,710.14) per tael, tantalizingly close to the historic peak of VND124 million set on April 22. Gold rings also saw a bump, climbing…
Tuan Anh, a seller operating his online printed T-shirt shop in Ho Chi Minh City, has made the difficult decision to close his business after struggling to make sales. Despite his hopes of earning some extra money on the side, Tuan Anh found the competitive…
Vietnam Airlines has reported a significant boost in its pre-tax profit for the first half of 2025, achieving VND6.68 trillion (US$255 million), marking a robust 19.3% increase compared to the same period last year, driven by soaring demand. According to the…
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has secured a substantial $350 million term loan facility in collaboration with Sumitomo Mitsui Banking Corporation (SMBC) and various development finance institutions, marking a significant stride…
This month, Hanoi’s government announced a bold initiative to ban fossil-fueled motorbikes from the city’s Ring Road 1, an area that encompasses much of the bustling downtown, with the prohibition set to take effect by mid-2026. However, the Motorbike…
Vietnam’s lychee exports are soaring, with figures revealing a remarkable $27 million in sales to China alone—an astonishing 3.63 times increase compared to June of the previous year, according to customs data. Even in premium markets like France, Australia,…
Vietnam’s e-commerce landscape is booming, with sales across four major platforms — Shopee, Lazada, Tiki, and TikTok Shop — soaring to VND202.3 trillion (approximately US$7.8 billion) in the first half of 2025. The surge in online shopping also shone a…
Ducati has temporarily paused its motorcycle sales in Vietnam and is on the hunt for a new distributor. According to sources close to the situation, customer requests for new products will be logged and subsequently transferred to the new distributor.…
Hanoi is not just the heart of Vietnam; it’s rapidly becoming a beacon for dental tourism in Asia. In recent years, the sector has exploded, drawing in over 100,000 foreign patients annually, with revenue soaring past US$150 million, according to Global…
In a notable shift, Vietnam’s gold prices saw a slight decline on Tuesday morning, while global benchmarks remained largely stable amidst fluctuating market sentiments. The Saigon Jewelry Company reported that the price of gold bars dipped by 0.08%, settling…
The U.S. dollar gained slightly against the Vietnamese dong Tuesday morning. Vietcombank listed the U.S. dollar at VND26,400, marking a 0.11% increase. Meanwhile, the State Bank of Vietnam raised its reference rate by 0.09% to VND25,206. On the black market,…
Vietnam is gearing up for a pivotal moment in its telecommunications landscape, re-launching the auction of two crucial frequency bands in the 700 MHz spectrum. This re-auction follows an earlier attempt that did not meet expectations, indicating a renewed…
In a significant step towards enhancing the security and transparency of its digital landscape, Vietnam has officially launched NDAChain, its national blockchain platform. Developed by the National Data Association and overseen by the Data Innovation and…
Retail Academy: Vietnam
Free background guides on how retail works in this market.
A young, urbanising market where modern trade is growing quickly, convenience and mini-supermarkets are the battleground, and Hanoi and Ho Chi Minh City beha…
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Vietnam.
Asia Market Guides · 8 min read
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