Reporting and analysis on retail, e-commerce, and consumer trends in Vietnam, updated continuously by our newsroom.
Noodle companies in Vietnam posted strong figures last year as the country became the third-largest market globally with over 7 billion servings. Masan Consumer, which makes Omachi and Kokomi noodles, saw revenues from packaged food, including noodles, rising…
Vietnam has become the world’s third-largest instant noodles market with over 7.03 billion servings consumed last year, up two places from a year before. This is an increase of 29 percent from 2019 and a new record for the country, according to data from the…
Many HCMC residents have reported paying higher fees for transporting goods from their hometowns to the city compared to the pre-Covid period. Hoa in Ho Chi Minh City’s Go Vap District said that amid the city’s strict social distancing order, she had recently…
The delay in vaccinating workers in the retail and logistics sectors is causing disruptions in the supply chain, a key player in the Covid-19 fight. Earlier this month, nearly 40 VinMart and VinMart+ outlets had been closed for several days due to Covid-19…
Adidas felt the impact of a Chinese boycott of Western brands on its second-quarter results and is also suffering from the closure of factories in Vietnam due to Covid-19 infections. The German sportswear company still raised its outlook for full-year sales…
Delivery companies are unable to capitalize on rising demand since drivers are not keen amid mobility restrictions and delayed vaccination. Hung, a shipper in Hanoi, has shut down his driver’s app for over a week now after the city imposed travel…
Vietnam, the world’s second-biggest garment exporter, is facing the risk of losing orders to competitors amid the complicated Covid-19 situation in August. Gia Dinh Group JSC in the southern province of Binh Duong has secured orders till the end of December,…
Delivery platform Now is resuming delivery of groceries and other essential goods in five Hanoi districts starting Wednesday. The firm announced the resumption of NowFresh and NowShip in the districts of Cau Giay, Dong Da, Hai Ba Trung, Ba Dinh and Thanh Xuan…
Many supermarkets in Hanoi are starting to impose social distancing, limiting the number of customers and the volume of foodstuffs they buy. BigC Thang Long Supermarket stipulated that each customer is allowed to buy a maximum three-egg blisters a day, while…
Eight VinMart supermarkets and 15 VinMart+ minimarts in Hanoi and Hung Yen Province have been temporarily closed Monday after a meat supplier was found to have a Covid-19 linkage. These outlets are believed to have linkage with Thanh Nga Supply Foods in…
Telecom giant Viettel reported pre-tax profits of VND 19.9 trillion ($867.2 million) for the first half of 2021, a year-on-year increase of 3.1 percent. The growth came despite the ongoing Covid-19 outbreak, which has forced 95 percent of its HCMC-based…
A 150 percent hike in rubber prices has sharply increased profits for the sector and pulled many companies out of the red. Vietnam Rubber Group reported a 182 percent year-on-year increase in net profits to VND2.4 trillion ($103.4 million) on revenues of…
The American Apparel & Footwear Association (AAFA) has requested the U.S. and Vietnam governments to speed up the distribution of vaccines to major suppliers of Adidas, Gap and other brands. “We urge you to dramatically ramp up distribution of vaccines,…
Taiwan’s Pou Chen, which makes footwear for companies such as Nike and Adidas, suspended operations at its plant in Ho Chi Minh City on Wednesday as COVID-19 curbs hit factories in the country’s business hub. Vietnam’s health ministry said in a statement that…
Bamboo Airways, Vietjet, and Pacific Airlines have suspended most of their regular routes amid a surging number of Covid-19 cases that have seen demand plunge. Bamboo Airways will cease all regular flights for two weeks from July 26 to August 7 amid the…
All supermarkets in HCMC will close at 5 p.m. starting Monday to comply with the city’s suspension of night-time activities amid its Covid-19 battle. Retail chains like VinMart and Co.opMart will operate from 7 a.m. to 5 p.m. instead of 10 p.m. Big C outlets…
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