Pork price hikes drive up related food costs

Pork prices have surged following the African swine flu outbreak in Vietnam, driving up prices of related food in supermarkets and restaurants.

Lemon tea, Hanoi’s latest fad

With the bubble tea market maturing and slowing down, vendors are turning to lemon tea for its high profit margins and low investment.

Textile firms see profits drop

Vietnamese textile firms reported a fall in profits in the first nine months as orders from major markets dried up.
11:08 am GMT+7

Banks restrict lending as credit growth ceiling nears

Many commercial banks in Vietnam are tightening lending as they reach their designated credit growth, eliciting complaints from customers.
November 19, 2019 | 11:54 am GMT+7

Vietnam loosens regulations on new airlines

Vietnam has lowered the minimum capital requirement and increased the foreign ownership cap for the establishment of new carriers.
November 18, 2019 | 03:48 pm GMT+7

Electronics, jewelry chains locked in wrist watch sales race

Electronics seller Mobile World and Phu Nhuan Jewelry are competing for a bigger share of Vietnam’s wrist watch market.
November 17, 2019 | 04:29 pm GMT+7

Hotel sector proves irresistible to investors

A number of major hotel acquisitions have taken place in Vietnam this year as the tourism market continues to boom.
November 16, 2019 | 08:00 pm GMT+7

E-commerce sites reap bumper harvests on Singles’ Day

Vietnam’s e-commerce platforms say both traffic and sales surged multiple times on Singles’ Day, a major promotional event, which fell on November 11.
November 14, 2019 | 01:00 pm GMT+7

Feature phones remain popular in Vietnam

Feature phones still account for nearly four out of every 10 mobile phones sold in Vietnam.
November 13, 2019 | 11:07 am GMT+7

Foreign brands eager to enter booming fashion market

Major international brands are setting up shop in Vietnam and expanding quickly to tap a rapidly growing fashion market. 
November 13, 2019 | 07:48 am GMT+7

Foreigners using proxies to own real estate in national security areas

Hundreds of Vietnamese firms are serving as proxies for foreigners to buy real estate units in areas vital to national security, says Deputy PM Pham Binh Minh.
November 12, 2019 | 02:51 pm GMT+7

Consumers show preference for imported cars

The sales of imported cars in Jan-Oct surged 2.2 times, while that of locally-assembled ones fell 12 percent.
November 12, 2019 | 01:27 pm GMT+7

Saigon land prices rise 3 times every decade

Saigon land prices have increased 2.5-3 times every decade in the last 20 years, putting house ownership beyond most residents.
November 11, 2019 | 03:56 pm GMT+7

Digital payment market consolidates under big names

Although Vietnam has 28 licensed e-wallets, 70-90 percent of market share has shifted between six big players.
November 11, 2019 | 10:00 am GMT+7

Rice export prices plunge as global supply increases

Vietnam’s rice exports fetched an average of $435.6 per ton in the first 9 months this year, a drop of 13.4 percent year-on-year.
November 09, 2019 | 09:00 am GMT+7
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