Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
In a significant meeting held in Hanoi on Wednesday, Ali Ijaz Ahmad, chairman and CEO of Makara Capital Partners, expressed strong interest in expanding the firm’s footprint in Vietnam. Joined by other company executives, Ahmad highlighted the group’s…
Vietnam has embarked on a transformative journey by officially launching its National Data Center (NDC), a significant step toward overhauling the digital framework pivotal for the nation’s governance and data management. This initiative follows the recent…
Authorities have launched an investigation into the five-star Quinter Central Nha Trang Hotel, located in the resort commune of Nha Trang, following reports that its massage services may be linked to prostitution. Police Crack Down on Suspected Illegal…
Vietnam’s export landscape has painted a promising picture, showcasing a remarkable 14.4% rise in export earnings, while imports surged by 17.9%, culminating in a notable trade surplus of $7.63 billion, according to the National Statistics Office (NSO) under…
The U.S. dollar has reached a striking new high against the Vietnamese dong, even as it maintains a steady presence in global markets this Friday morning. At Vietcombank, the dollar is selling at VND26,370, reflecting a modest increase of 0.09%. Meanwhile,…
Vietnam’s durian export market has experienced a staggering decline, plummeting 58% year-on-year in the first five months of 2023, with total revenue dropping to $386 million. Once celebrated as the golden fruit of the nation, durian’s dominance in Vietnam’s…
In a surprising twist, Vietnam’s gold prices have dipped despite a global rally in bullion values this Friday morning. Vietnamese Gold Prices Diverge from Global Trends The Saigon Jewelry Company reported a 0.33% decrease in the price of gold bars, bringing…
Vietnam has taken a significant step forward in its digital evolution with the launch of its National Data Center (NDC), a pivotal initiative aimed at enhancing the nation’s digital infrastructure and governance. This launch comes in the wake of the 2025 Data…
In a significant shift for the retail landscape, tariff reductions between the U.S. and Vietnam are set to ease the financial pressure on companies like Uniqlo, the popular casualwear brand that heavily relies on Vietnamese manufacturing. This move comes at a…
Oh!Some has recently unveiled a striking flagship store in Ho Chi Minh City, spanning a generous 2,000 square meters. This new outlet elevates the brand’s footprint in Southeast Asia, showcasing a modern shopping experience tailored to attract today’s…
Vietnam is rapidly positioning itself as a go-to destination for foreign direct investment (FDI), yet many international businesses are still grappling with the complexities of payment operations. Issues such as local collections, disbursements, and…
Nam Long Group has officially commenced the next chapter of its EHomeS social housing initiative in Can Tho City, reinforcing its commitment to social responsibility and sustainable growth on June 25. The groundbreaking ceremony for 671 new apartments…
On Wednesday morning, the U.S. dollar surged to an all-time high against the Vietnamese dong, intensifying its ascent while remaining at a three-and-a-half-year low against other major currencies. The Vietcombank sold the greenback at VND26,323, reflecting a…
Retail fuel prices have seen a reduction as a result of a newly implemented National Assembly resolution on value-added tax. Starting Tuesday, the maximum retail price of biofuel E5 RON92 is now set at VND20,530 (approximately US$0.79) per liter, marking a…
This summer, Vietjet is turning up the heat with its exciting 7/7 double-day promotion, offering millions of discounted tickets with up to 77% off (excluding taxes and fees), applicable across the airline’s entire Vietnam domestic and international network.…
Vietnam gold bar prices rose on Monday afternoon as global bullion rates recovered from a one-month low. On Monday, the price of gold bars from the Saigon Jewelry Company increased by 0.25%, reaching VND119.5 million (approximately US$4,578.98) per tael,…
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