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#tet

Every story tagged #tet on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

27 stories in this topic

vietnam hcmc airport
General
1 min read

Vietnam Airlines reports $430M loss on fuel price

Vietnam Airlines reported a loss of VND10.09 trillion ($430.3 million) last year and blamed it on rises in fuel prices and exchange rate volatility. Its revenues were worth around VND71 trillion, equivalent to 70% of revenues in 2019 before the Covid-19…

vietnam airlines
General
1 min read

Vietnam Airlines adds 108 flights for Tet

Vietnam Airlines has expanded its Tet schedule for a fourth time with 108 additional flights with 20,000 seats. The airline said most of the flights are from HCMC and Hanoi to Vinh, Thanh Hoa, Hai Phong, Da Nang, and Hue. In all there will 9,200 flights with…

Grabcar
Startups
1 min read

Hanoi ride-hailing services struggle to cope with Tet demand

Hanoians are struggling to book ride-hailing and delivery services during the runup to Tet (Lunar New Year holidays). Hoang Viet of Nam Tu Liem District had an interminable wait before he could get a motorbike on a ride-hailing app on January 15 evening. He…

my foodie box perth
Food
1 min read

Food, beverage prices soar ahead of Tet

Consumer goods, including vegetables and seafood, have seen prices surge by double digits in the last month. Oanh in Ho Chi Minh City’s District 1 said prices have risen in recent weeks at a traditional market she often shops at. “The price of snakehead fish…

vietnam airlines
General
2 min read

Airfares double as Tet holiday approaches

Air ticket prices for Vietnam’s upcoming biggest holiday Tet has doubled year-on-year as tourism demand resumed after a Covid-19 induced hiatus. A return trip from Ho Chi Minh City to Hanoi from Jan. 19 to 26, when most people return to their hometown to…

samsung factory
Electronics
1 min read

Over 90 pct of Samsung, Intel workers return to work after Tet

Major factories in Ho Chi Minh City reported over 90 percent of employees returning to work after the nine-day Tet holiday, abating employer concerns of a labor shortage. Some factories with high return rates are Samsung electronics manufacturer HCMC CE…

china stock
Finance
1 min read

Vietnam stock market makes bright start after Tet holidays

The VN-Index began the new lunar year with a 1.5-percent jump Monday morning, led by aviation and energy stocks. It gained 22 points to 1,503 points at 11.20 as the market reopened after the nine-day Tet break, reaching a near four-week high. It represents a…

nike
Fashion
2 min read

Thousands strike work after Nike supplier cuts Tet bonus

Thousands of workers of Taiwanese-invested footwear maker Pouchen Vietnam, a Nike contract manufacturer, struck work Friday, demanding the same Tet bonus as last year. They refused to return to work after finishing their lunch to protest the company’s policy…

Mirus is hoping to inspire airlines to make their seats stand out Custom
General
2 min read

Holiday air tickets in low demand as Covid stirs fear

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…

VietravelAirlines
General
1 min read

Vietnam’s sixth carrier making plans to take of by mid-January

Vietravel Airlines, Vietnam’s sixth carrier, has received permission to fly aircraft for commercial purposes, and plans to begin operations in mid-January. It received the aircraft operator certificate from the Civil Aviation Authority of Vietnam (CAAV) last…

vietnam supermarket
General
1 min read

Tet shopping frenzy at Hanoi supermarkets

With a week to go before the Lunar New Year, or Tet, supermarkets in Hanoi are thronged with shoppers. Lees ook: LG and Naver are teaming up to make robots better DTI to showcase Filipino retail brands in Jakarta WhatsApp calls log could soon be integrated…

JCB 1
Finance
3 min read

ATMs stutter during busy Lunar New Year lead-up

Many people in Hanoi and Saigon were unable to withdraw cash from ATMs while online bank transfers also took longer than usual during the weekend. Three ATMs belonging to a bank on Hanoi’s Pham Ngoc Thach Street stopped working several times in the past few…

vietnam bank
Finance
1 min read

Banking systems experience intense Tet surge

Banks, ATMs, and online banking systems have been overloaded towards the end of the Lunar New Year, forcing customers to wait long hours. Hoa went to a major bank on Hanoi’s Duy Tan Street early one recent afternoon to process the payment of a loan. She was…

grab 2
General
2 min read

Taxis, ride-hailing apps hike Tet ride charges

Taxis are refusing to charge by the meter and ride-hailing apps have doubled ‘peak hour’ prices and added surcharges as Tet draws close. Monday evening, five days before the Lunar New Year (Tet), Hoang Viet requested a car on ride-hailing app Grab. He was…

smartphone 2
Telecom
1 min read

Mobile phone ads gain greater purchase during Tet in Vietnam

Vietnam recorded the fourth highest mobile in-app ad revenues (eCPM) in the Asia-Pacific region during Tet 2018. It ranked behind China, Singapore and the Philippines, according to a report recently released by Vietnamese digital advertising service company…