Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
The U.S. dollar has taken a notable leap against the Vietnamese dong, maintaining its stability against major currencies as of Thursday morning. A Steady Climb for the Dollar At Vietcombank, the greenback was sold at VND26,276, reflecting a 0.13% increase.…
Ho Chi Minh City is taking ambitious strides toward establishing an international financial hub, with an investment of VND172 trillion (approximately US$7 billion) fueling the project in District 1 and the Thu Thiem Urban Area. This significant undertaker…
Citi Vietnam has just snagged a triple crown at the FinanceAsia Awards 2025, earning accolades for being the Best Corporate Bank for Large Corporates & MNCs, the Best Commercial Bank for SMEs, and the Best Sustainable Bank. These prestigious recognitions were…
Le Van Hai, the creator behind a popular TikTok channel boasting 2.6 million followers, has been arrested for a staggering scheme involving the sale of 800,000 counterfeit food and cosmetics products. Alongside his accomplice, Tran Dai Phuc, the duo was…
Vietnamese gold prices remained stable on Wednesday afternoon, even as global bullion rates slipped slightly. In the heart of Ho Chi Minh City, the price of gold bars offered by the Saigon Jewelry Company was consistent at VND119.6 million (approximately…
Vietnam is making waves in the European Union, with its fruit and vegetable exports booming in recent months. Leading the charge is the mango, which has become a standout success, raking in $27.6 million—an impressive 54% increase. Not far behind is…
Vietnam Airlines has officially commenced work on two significant projects at the rapidly developing Long Thanh International Airport, which is poised to become a major aviation hub in Vietnam. With a combined investment of VND 1.8 trillion (approximately USD…
The U.S. dollar experienced a slight dip against the Vietnamese dong while it edged higher against other major currencies on Tuesday morning. Dollar Movement in Vietnam At Vietcombank, the greenback was sold down by 0.008%, costing VND26,240. Meanwhile, the…
The arrival of seedless lychees in Vietnam is stirring excitement among fruit enthusiasts, thanks to a recent bumper crop that has brought prices down to VND45,000-120,000. As farmers and vendors report, this year’s harvest is notably cheaper than in the…
Vietnam’s National Assembly made headlines by greenlighting a significant increase in the special consumption tax on alcoholic beverages, lifting it from 65% to a staggering 90% by the year 2031. This bold initiative, revealed on Saturday, is part of a…
Vietnam Airlines is set to make waves in the skies with the launch of its inaugural direct flight between Hanoi and Milan, Italy, on July 1. This move is a crucial step in expanding the airline’s European network and marks a historic first for a Vietnamese…
In the fast-evolving retail landscape of Asia, innovative marketing strategies are becoming key to success for brands eager to engage customers. As companies navigate the bustling market, the need for a strong advertising presence is paramount. Businesses now…
Gold prices in Vietnam are experiencing a noticeable rebound, reaching their highest levels since April 24 on Saturday. This uptick reflects a lively market fueled by recent global events. Rising Prices in Vietnam The Saigon Jewelry Company reported a 0.25%…
H&M Group is amongst the partners in the project. Vietnam’s textile and apparel industry is set to take a significant leap towards sustainability with the introduction of electric thermal technology later this year. The first steam-generating heat pump will…
Work has begun on a $52 million solar power plant in the south central province of Ninh Thuan. Project representatives said that of the total investment of VND1.2 trillion ($52.2 million), VND900 billion ($39.1 million) will go towards equipment costs; and…
The U.S. dollar took a dip against the Vietnamese dong on the black market Saturday morning, rounding out a week of financial fluctuations. The greenback slid 0.34% to VND26,290 at unofficial exchange points, signifying a notable shift as currency dynamics…
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