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Pawn shop chains raise big bucks to expand

Pawn shop chains raise big bucks to expand

Vietnamese pawn shop chains have been attracting increasing investment for several years now as large demand for quick loans prompt their expansion.
Pre-Tet Covid wave takes heavy toll on bus companies

Pre-Tet Covid wave takes heavy toll on bus companies

With Covid-19 drying up travel demand, many bus operators have been forced to scale down operations or sell their vehicles to pay off debts.
February 26, 2021 | 06:00 pm GMT+7
Demand rises for affordable office space in HCMC as companies cut costs

Demand rises for affordable office space in HCMC as companies cut costs

Office space outside downtown HCMC costing $15-16 per square meter per month has seen an increase in demand in 2021, a VnExpress survey has found.
February 26, 2021 | 08:00 am GMT+7
Which sectors in Vietnam are dominated by Thai companies?

Which sectors in Vietnam are dominated by Thai companies?

Though Thailand is not the largest foreign investor in Vietnam, its companies dominate a number of sectors like retail, beverage, packaging, livestock, and solar energy.
February 24, 2021 | 08:00 pm GMT+7
Over half of firms expect to recruit workers in H1: study

Over half of firms expect to recruit workers in H1: study

Around 56 percent of all firms plan to hire employees in the first half of this year despite the Covid-19 pandemic, a study by ManpowerGroup Vietnam has found.
February 24, 2021 | 06:15 pm GMT+7
Electricity oversupply forces authorities to cut solar output

Electricity oversupply forces authorities to cut solar output

After years of facing the threat of power shortages, Vietnamese authorities are concerned about an electricity glut this year, and are cutting renewable energy production.
February 24, 2021 | 03:06 pm GMT+7
Consumers complain most about transport sector

Consumers complain most about transport sector

The transport service sector received the highest number of customer complaints in 2020, with travel restrictions related to the Covid-19 pandemic triggering more disputes than usual.
February 24, 2021 | 08:00 am GMT+7
Government greenlights $2-bln thermal power plant

Government greenlights $2-bln thermal power plant

The government has given Vietnam Electricity approval to construct the 1,200 MW Quang Trach II Thermal Power Plant in Quang Binh, according to the central province’s website.
February 23, 2021 | 10:30 am GMT+7
Study from home sends demand for computers, webcams skyrocketing

Study from home sends demand for computers, webcams skyrocketing

With students told to study online amid the new Covid-19 outbreak, demand for laptops and webcams is booming, with some electronics stores reporting a six-fold rise in sales.
February 22, 2021 | 07:19 am GMT+7
Airport ground services providers experience K-shaped recovery

Airport ground services providers experience K-shaped recovery

Companies providing airport services like catering, lounge and advertising and selling duty-free products suffered last year though aviation logistics firms recovered somewhat in the second half.
February 19, 2021 | 03:00 pm GMT+7
Indonesia slaps anti-dumping duties on cold steel sheets imported from Vietnam

Indonesia slaps anti-dumping duties on cold steel sheets imported from Vietnam

The Indonesian Anti-dumping Committee has concluded that Vietnam is dumping cold steel sheets following a 16-month-long investigation.
February 19, 2021 | 01:00 pm GMT+7
How did leading car dealerships do in the year of Covid?

How did leading car dealerships do in the year of Covid?

Vietnam’s leading car dealerships saw their fortunes slump in 2020 as sales fell sharply, though the main Mercedes-Benz seller bucked the trend with a huge improvement in numbers.
February 17, 2021 | 02:45 pm GMT+7
HCMC serviced apartment rents plummet

HCMC serviced apartment rents plummet

Serviced apartment rents in HCMC fell by 21 percent last year to $22 per square meter per month, property consultancy Savills said in a note.
February 16, 2021 | 08:10 am GMT+7
Banks further cut deposit interest rates

Banks further cut deposit interest rates

Many banks have cut deposit interest rates marginally, continuing a trend that began last year as the Covid-19 pandemic hurt businesses.
February 12, 2021 | 12:00 pm GMT+7
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