Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Vietnam’s consternating visa policies helped placed the nation in the bottom 10 of an index ranking countries in terms of how favorable expatriates find their living conditions. The Expat Essentials Index, informed by the annual Expat Insider survey by…
Quacquarelli Symonds (QS) has ranked two Vietnamese universities as among the world’s top 100 in their subject areas. In Hospitality and Leisure Management, Duy Tan University in Da Nang was ranked 51 out of 100 in the QS World University Rankings by Subject…
The Ministry of Information and Communications said it will deploy solutions to block the payment for unauthorized games in the country. There are hundreds of thousands of unauthorized games, card games, and gambling games which cause insecurity and disorder…
The Ministry of Transport will increase the domestic air ticket price ceiling in Vietnam by an average of 3.75% later this year, a decision to delight local carriers. The maximum airfare on four out of five flight distances will rise in the second or third…
Ratings agency Moody’s Investors Service has downgraded the long-term deposit and issuer ratings of private lender Techcombank because of its high exposure to the struggling property sector. Its currency deposit and issuer ratings were lowered from Ba2 to…
Vietnam’s major manufacturers have raised steel prices to a 7-month high despite plunging demand. On Tuesday, Hoa Phat Group hiked its prices for rebar steel by 0.95% to VND15.99 million ($678.55) per ton. Local steelmakers Viet Y, Viet Duc, Kyoei and Viet My…
Citibank has been honored as “Bank of the Year” in the Asia Pacific at the 2022 International Financing Review Asia Awards. The award was based on a unanimous decision by the editors of IFR Asia, a leading regional capital markets magazine. The recognition…
SJC gold price dropped 0.22% to VND67.15 million ($2,855.14) per tael Wednesday morning. Gold ring price fell 0.53% to VND55.5 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices edged higher on Wednesday as the dollar eased, while…
Finding new and niche markets is how factories cope with the fall in export orders. After seeing orders from Europe plunge by 70% in recent weeks, shoemaker Chang Shuen in the southern province of Binh Duong quickly turned to the U.S., a market it has yet to…
Bamboo Airways has found a buyer who is also willing to help disgraced former chairman Trinh Van Quyet deal with the financial consequences of his alledged crime. A spokesperson said Thursday that the identity of the investor would be revealed later. The…
Tay Ho has become an increasingly popular residential area among foreigners in Hanoi as the infrastructure and social amenities continue to flourish alongside a diverse range of convenient services. In Ho Chi Minh City, the areas of Phu My Hung and Thao Dien…
Vietnamese dragon fruit is at risk of oversupply, while durian prices will likely plummet as China, the local fruits’ largest importer, continues growing an increasing amount of the two trees. Late last month, China announced its dragon fruit output reached…
After visiting electronics stores, Minh Quan was surprised to see Xiaomi 13 Pro smartphones costing nearly VND7 million (US$297) less than their listed price of VND30 million. Besides offering discounts of VND4-5 million, most stores – in his native Da Nang —…
Honda Vietnam has reported its fall in motorcycle and automobile sales at 36.8% and 7.3% respectively in February. That is the second month in a row the company recorded sale falls after seeing a growth of nearly 19% for motorcycles and 62% for the automobile…
The Government has asked the finance and industry ministries to consider reducing car registration fee and extend the payment schedule for special consumption taxes on domestically assembled vehicles. The ministries will submit a report on the two newly…
SJC gold price gained 0.07% to VND66.6 million ($2,808.64) per tael Thursday morning. Gold ring price went up 0.09% to VND54 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices traded in a tight range on Thursday as some investors…
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