Category: General

Retail Asia06/01/2020
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3min0
138,100 businesses were established in Vietnam this year, the highest ever, with the government’s initiative to increase the quantity and quality of enterprises bearing fruit. In terms of volume, the figure was up 5.2 percent year-on-year, while their registered capital also climbed a new high at over VND1,730 trillion ($75.1 billion), up 17.1 percent year-on-year, […]

Retail Asia06/01/2020
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2min0
National flag carrier Vietnam Airlines estimates its consolidated pre-tax profit for 2019 at an all-time high of VND3.37 trillion ($146 million). The figure also marks a 10 percent year-on-year increase, Vietnam Airlines said in a press release. Its consolidated revenue is estimated at VND101.18 trillion ($4.39 billion) this year, up 2.2 percent year-on-year. In 2019, […]

Retail Asia06/01/2020
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3min0
Vietnam targets its export revenues of $300 billion next year despite concerns over trade deficits amid a global economic slump. The target, announced by Prime Minister Nguyen Xuan Phuc at an online meeting with leaders of cities and provinces on Monday, means exports would need to rise by 13.8 percent from this year’s $263.5 billion […]

Retail Asia06/01/2020
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3min0
Vingroup’s Vinpearl Air, a $200 million venture, is seeking to launch its first flight in July with expectations of turning profitable by 2023. The new airline could also recover its investment in 5-6 years, according to an evaluation report recently submitted to the Prime Minister by the Ministry of Planning and Investment. The airline will […]

Retail Asia03/01/2020
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2min0
OAG, the world’s leading provider of travel data and insight, has released the results of its annual Punctuality League 2020, the industry’s most comprehensive ranking of on-time performance (OTP) for the world’s largest airlines and airports. Asia-Pacific airlines dominated the global rankings with nine out of the top 20 most punctual airlines in the world: […]

Retail Asia03/01/2020
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4min0
Two Thai billionaires are reportedly preparing bids for the Asian operations of UK grocery giant Tesco. Citing “people with knowledge of the matter”, Bloomberg has reported that Charoen Pokphand Group, owned by Dhanin Chearavanont, and the Chirathivat family-controlled Central Group are among a group of potential investors in discussions with Tesco over a potential buyout. […]

Retail Asia02/01/2020
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2min0
Vietjet has received two new Airbus A321 aircraft, registered as VN-A521 and VN-A542, on 31 December 2019 at Tan Son Nhat International Airport. The total number of aircraft in Vietjet’s fleet is now 80, and the VN-A521 aircraft is the third 240-seat A321neo ACF (Airbus Cabin Flex) aircraft in the world, with the two first […]

Retail Asia02/01/2020
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2min0
Thai Retailers Association members have stopped providing customers with plastic bags as a ban took effect on January 1. A campaign titled Every Day Say No to Plastic Bags run by Thai Retailer Association will stop its 75 member chains from giving away plastic bags through 24,500 outlets, aiming to cut 13.5 billion plastic bags […]

Retail Asia02/01/2020
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1min0
British department store Harrods will open a location in Shanghai. According to Retail Gazette, the store will be the brand’s first standalone site outside the UK and will target China’s growing middle class. “If you look at all of the reports, they say, quite categorically that all of the growth in the next five years […]

Retail Asia31/12/2019
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2min0
A regulatory framework specifically designed for artificial intelligence in China’s financial sector and better tech for supervision should be introduced, according to policy advisors from a leading think tank. We should not deify artificial intelligence as it could go wrong just like any other technology,» said Xiao Gang, senior researcher at China Finance 40 Forum […]

Retail Asia31/12/2019
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2min0
Thai AirAsia X will operate six Christmas and New Year scheduled charter flights to Tbilisi Georgia from its home base Bangkok Don Mueang airport. Bookings are mainly generated by Thai outbound travel agents promoting tour packages to Georgia for the festive season. Flights will use an Airbus A330-300 with 377 seats. Based on Airlineroute timetable […]


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