Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Vietnam Airlines has launched a new e-commerce platform VNAMALL, focused on selling imported products from countries to which it operates. As many as 300 products are available starting Monday on the platform, mainly pastries, fruit and wine. The airline also…
The number of imported cars in Vietnam rose 61 percent to 129,733 units in the first 10 months this year. Passenger vehicles saw a rise of 50 percent to 90,029 units, according to Vietnam Customs. In October, the three major import markets were Thailand with…
Bamboo Airways plans to list on the Unlisted Public Company Market next quarter while preparing for an IPO in the U.S. Prices of the ticker BAV will be at least VND60,000 ($2.65), CEO Nguyen Khac Hai said in a statement Friday. UPCoM serves as a market to…
Tourism company Vietravel has decided to invest an additional VND593.5 billion ($25.8 million) in Vietravel Airlines this year. The additional capital lifts its total investment in the new carrier to nearly VND1.3 trillion. Based at the Phu Bai International…
Vietnam eyes to reduce its planned power capacity by 2030 by over 13 percent to 155,700 megawatts in the latest revision of the national power plan. This equates to a drop of nearly VND800 trillion ($34.48 billion) in investment, Deputy Minister of Industry…
VinFast on Wednesday announced its U.S. headquarters will be located in Los Angeles, California, affirming its goal to become a global automaker spearheaded by electric vehicles. The company’s U.S. headquarters is located in the Playa Vista area – a…
Air tickets for the upcoming Tet holiday are in low demand as people are reluctant to make travel plans due to the long quarantine time and a rising number of Covid-19 cases. In previous years, Loan’s family had usually finished booking six Tet (Vietnam’s…
Vietnam–U.S. trade could reach $100 billion for the first time this year, up 221 times against the figure in 1995 when the two countries first established diplomatic relations. In the first eight months, the figure hit $73 billion. Last year, it was $90.8…
Vietnam’s gold prices climbed up for the eighth straight session Wednesday even as global rates steadied because of rising dollars. Saigon Jewelry Company (SJC) sold its gold at VND62.15 million ($2,727.65) per tael in the morning, up 0.57 percent from…
A one-way ticket from Vietnam to the U.S. will cost around $1,000 and be available on the Vietnam Airlines website in a few days, the carrier has said. There would be a reduced number of passengers to lower the aircraft’s weight to ensure no fuel stops are…
National flag carrier Vietnam Airlines will operate its first regular direct flight to the U.S. on November 28, achieving a dream conceived nearly two decades ago. The flight will depart from HCMC in the evening and arrive at San Francisco 13 hours and 50…
Vietnam’s gold prices hit another high this year of over VND61 million ($2,677.51) per tael as global prices soared to a five-month high. Saigon Jewelry Company (SJC) sold its gold for VND61.1 million per tael Tuesday morning, up 0.49 percent from Monday. A…
Train ticket demand for the upcoming Lunar New Year Holiday is plunging due to fear of Covid-19 contagion as thousands of new cases nationwide are confirmed each day. Saigon Railway Station in HCMC opened its ticket sales for Tet 2022, the biggest annual…
Vietnamese gold prices are now at a 15-month high and, as always, well above global rates. The Saigon Jewelry Company (SJC) sold bullion at VND60.75 million ($2,682.23) per tael Saturday morning, up 0.75 percent from Friday. A tael equals 37.5 grams or 1.2…
VietinBank has launched FX Online 24/7, allowing customers to perform transactions at any time, anywhere on platforms VietinBank eFAST and VietinBank Ipay. VietinBank focuses on innovating its system to improve FX services. Just by taking some simple steps on…
The resumption of auto part factories in Vietnam is set to contribute to the recovery of Japanese automakers struggling with a supply shortage due to Covid-19. The three Vietnam factories of Japan’s Furukawa Electric, which make wire harnesses for cars, are…
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