Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Apple CEO Tim Cook arrived in Hanoi Monday morning for a two-day business trip to meet notable content creators and app developers on App Store. Cook said upon arrival he was excited to meet with content creators, students and customers in Vietnam and learn…
Vietravel Airlines has reported a profit of VND10 billion (US$400,128) for the first three months of the year, achieving its first profitable quarter since its inception in 2021. As a subsidiary of the tour operator Vietravel, the airline announced…
Power consumption in Vietnam this summer is expected to increase by 13% year-on-year between May and July, 9.6% higher than forecast, posing possible supply challenges. This is because the weather is expected to become hot sooner than normal, and this could…
Vietnam has surpassed Thailand as the top durian exporter to China, shipping 32,750 tons in the first two months of 2024. This accounted for 57% of China’s imports, up from 32% last year, according to Vietnam Customs. Vietnam’s export of the fruit to China…
Holding a high school diploma from Canada and a university degree in Chinese commerce language from China, Tat Dat has faced difficulties securing a fulfilling job upon his return to Vietnam. After moving back to his hometown of northern Quang Ninh province…
U.S. food and beverage giant PepsiCo has committed to investing an additional US$400 million to build two new plants powered by renewable energy in Vietnam, its government said. The announcement came last Friday as delegations of more than 60 U.S.…
Operated by a Malaysian firm in some Southeast Asian locations, cosmetics retail chain The Body Shop Vietnam posted its first loss last year after three years of declining profits. InNature Berhad, which owns The Body Shop Vietnam, said that the company has…
Vietnam Airlines will launch two new routes connecting Hanoi and Ho Chi Minh City with Germany’s Munich starting October. The state-owned carrier said Tuesday that it will use the wide-body Boeing 787 aircraft for the routes. The Hanoi-Munich route will have…
The Ministry of Finance has maintained its proposal to impose a 50% Most-Favored Nation (MFN) tariff on electronic atomizer, the device used to heat up liquid solution used for vaping. In a recent response to the Ministry of Health, which has advised the…
Gasoline and diesel prices dropped Thursday afternoon. The popular fuel RON95 gasoline fell 1.55% from a week ago to VND23,550 ($0.95) per liter. Biofuel E5 RON92 declined by 1.05% to VND22,510. Diesel dropped 1.44% to VND20,470. In the last seven days fuel…
Households in Hanoi have received electricity bills two or three times higher than usual this month after national utility Electricity Vietnam (EVN) postponed its meter reading date. Minh of Ha Dong District said the power consumed and bill for January are…
The Vietnamese Government creates favourable conditions for airlines to develop and compete healthily, and encourages Australian carriers to fly to Vietnam, according to Prime Minister Pham Minh Chinh. This statement was made during a ceremony commemorating…
Vietnam Airlines has to ground 12 A321 aircraft, representing 20% of its domestic fleet, for up to 300 days due to engine issues, as supply chain disruptions have doubled the maintenance time, its CEO said. Le Hong Ha said engine issues are plaguing over…
Dealerships are slashing the prices of numerous motorbike models to stimulate demand in the quiet post-Tet (Lunar New Year) season. Standard Honda Vision models are on sale for VND30 million (US$1,218.2) at some dealerships, down VND1-2 million from before…
Indonesia plans to increase rice imports by 1.6 million tons this year, giving Vietnamese exporters a big opportunity, the Vietnam Trade Office in that country said. The import licenses for the additional quota would be issued soon by its Ministry of Trade…
Over 4,800 containers have been left unclaimed for more than 90 days at Ho Chi Minh City sea ports, causing difficulties for logistics activities. HCMC Customs said that the goods include wood, scrap and others. Many companies imported their goods in excess…
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