New Zealand’s ruby-red kiwifruit has made its debut in Vietnam through formal imports, attracting high demand despite its price tag of approximately VND350,000 (US$13.29) per kilogram, which is 20% higher than the cost of gold kiwifruit. Retailers have been…
In the first quarter of 2026, Vietnam saw a nearly 8% increase in seafood exports, amounting to a substantial US$2.64 billion. A primary factor fueling this growth was robust demand from China. China’s Role in Vietnam’s Seafood Industry During this period,…
Despite a decline in profits, the average earnings of employees at HSBC Vietnam increased by 6.6% to VND925 million (US $35,100) in the previous year. This expenditure on salaries and bonuses for its 1400-strong workforce amounted to around VND1.3 trillion,…
The National Assembly (NA) of Vietnam has sanctioned the reduction of all fuel-related taxes to zero until June 30, in a move to mitigate price pressures, stabilize markets, and bolster economic resurgence in the face of global energy instability. This means…
The Market Surveillance Department has issued fines totaling VND215 million (US$8,163.74) to seven retail stores in Da Nang, Vietnam for selling fake merchandise from brands such as Gucci and Nike. The shops, located in popular tourist areas Son Tra and Hoi…
On Friday, the United States dollar showed an increase against the Vietnamese dong, even though it was headed for a weekly depreciation against other major currencies. Vietcombank reported a slight increase of 0.01% in its selling rate of the US dollar, which…
Burger King, the renowned American fast food titan, has shuttered all its outlets in Hanoi, marking the end of over a decade-long presence in the city and simultaneously narrowing its footprint in Ho Chi Minh City. Shutting Down Operations Imex Pan Pacific…
On Wednesday afternoon, a decrease in gasoline prices was observed in Vietnam, a result of the global markets stabilizing after a ceasefire agreement was reached in the Middle East. The well-known fuel variant, RON95, witnessed a drop of 1.63%, bringing the…
After witnessing a 1.74% surge earlier in the session, the gold prices in Vietnam experienced a slight downturn on Wednesday afternoon. The price of the gold bar from the Saigon Jewelry Company decreased by 0.28% from its morning value, settling at VND175…
Vietnam’s retail sector experienced significant growth in the first quarter, with sales figures revealing a year-on-year increase of 10.9%. This rise is largely attributed to increased consumer spending over the holiday period, in addition to a significant…
In the first quarter of 2026, Vietnam’s pepper exports rose by 31.7% to a value of US$430 million, despite challenges related to global supply and logistics. The export volume increased by 39.2% to 66,350 tonnes, according to the Vietnam Pepper and Spice…
The renowned Chinese hotpot restaurant chain, Haidilao, announced that it generated over US$93.9 million in revenue from its operations in Vietnam in 2025, marking a 7% increase from the previous year. This solid performance propelled Vietnam to become…
On Monday, the U.S. dollar experienced a slight decrease in value against the Vietnamese dong while maintaining stability against other significant currencies. Vietnam-based bank Vietcombank quoted the U.S. dollar at 26,344 VND, marking a negligible decline…
On Monday, the price of gold in Vietnam experienced a decline, mirroring a drop in global bullion rates. This downward trend was seen when the Saigon Jewelry Company lowered the price of its gold bars by 0.8%, or to VND173.1 million (US$6,571.64) per tael.…
In the opening months of 2026, the export value of strawberries soared to a whopping US$3.4 million. This figure is a substantial increase from the previous year, with a growth margin of 2,000 times. Despite the significant leap, strawberry exports only made…
On Tuesday morning, gold prices in Vietnam experienced an increase, despite global bullion rates experiencing their sharpest monthly fall in nearly two decades. The Saigon Jewelry Company reflected this trend with its gold bar prices ascending 0.63% to…
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…