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After nearly four decades in Canada, my uncle has returned to Vietnam to settle down in his homeland, following the passing of his wife. With his daughter married and living in France and his son residing in the U.S., he thought finding a cozy home in Ho Chi…
Ho Chi Minh City is on the brink of a financial windfall, aiming to generate over VND25.4 trillion (approximately US$1 billion) through the auction of six prime land lots in Thu Duc City, notably within the sought-after Thu Thiem urban area. This ambitious…
With her company planning to cut its payroll from 300 to 20, Ngoc has a constant dread of being fired, and does not even dare take sick leave. “Everyone goes to work with a constant worry, not knowing who will be fired next,” she says. She returns home at 9…
Decathlon Vietnam has opened its first store, at Vincom Mega Mall Royal City in Hanoi. Located on level B1, the store spans 4300sqm, offering more than 14,000 items covering 70 sports for all levels of player. Prices meet the market for local customers, such…
Vietnamese tech giant FPT and Singaporean ride-hailing firm Grab will work together on smart city solutions, AI and smart payments. The two companies signed a strategic partnership agreement to this effect Friday. Specifically, they will cooperate on piloting…
The survey, conducted by Ho Chi Minh City-based market research firm DecisionLab, found that in the preceding three months, 58 percent of the male respondents said they had purchased beauty products online, compared to 49 percent of women. The survey polled…
Korean cosmetics brand Innisfree has opened its first pop-up store, inside Saigon Center in Ho Chi Minh City, from now until Sunday. Called New Hydration Station, the Innisfree Vietnam pop-up introduces the brand’s new green tea range through different…
Ho Chi Minh City has been ranked third in a survey of 50 cities worldwide for property rental growth. The survey, conducted by real estate firm Savills, also ranked Vietnam’s southern metropolis fifth in terms of investment prospects, and second for…
Ho Chi Minh City’s Tax Department has suggested that customers should pay for restaurants and other high-end services using bank cards rather than cash to make it easier to collect tax revenue. Tran Ngoc Tam, the department director, said the proposal could…
Vietjet yesterday celebrated the inauguration of its Nha Trang – Seoul route launch at the Cam Ranh International Airport (Khanh Hoa Province). This new route will serve the traveling demands of both the local people and tourists, connect the two famous…
Emerging jewellery brand, Precita, has opened a stylish flagship in the centre of Ho Chi Minh City in Vietnam, designed by a Hong Kong company. With its traditional focus being on monetary value, the Vietnamese jewellery market is proving a challenge for…
The tax man is threatening to shut down social media accounts, but savvy retailers know that it’s an empty threat. Ho Chi Minh City sent out tax demands to nearly 13,500 Facebook retailers over a month ago, but a representative from the city’s Tax Department…
Heavy rain that hit swamped Vietnam’s 2016/2017 coffee harvest has raised the ratio of low-quality beans and defects, traders said on Wednesday, with one major exporter saying quality is at its worst in nine years. Unseasonal rain that fell from…
Việt Nam’s growing retail market has attracted the attention of foreign retailers. A series of famous retailers from Japan, Thailand, South Korea and France have flocked to the country, hoping to penetrate the market, a recent JLL Việt Nam report said. As…
Property firm Keppel Land opened a mall in Ho Chi Minh City yesterday as part of plans to increase its presence in Vietnam. The mall in Saigon Centre has 55,000 sq m of retail space and is already fully leased with over 400 international and local brands, the…
E-Mart said Monday it has opened its first outlet in Vietnam, with aims to expand its presence across the Southeast Asian region in the years to come. The discount store chain operated by Korea’s retail giant Shinsegae will be competing with Lotte Mart, which…
