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24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )
16/04/2024 Google Chat working on adding group audio and video call function within Gmail Spaces ( General )
15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
15/04/2024 Vietravel Airlines reports first profits in 3 years ( General )

Retail Asia24/04/2024

U.S. company Apple had Southeast Asia’s highest number of suppliers in Vietnam last year and fourth highest globally. There were 35 suppliers as of the 2023 financial year (which ended on Sep. 30), according to the Supplier List announced by Apple recently. In Southeast Asia, Thailand (24 suppliers), Malaysia (19) and the Philippines (17) followed […]

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Retail Asia24/04/2024

Vietnam IT giant FPT Corp will spend $200 million building an AI Factory that incorporates technology from U.S. chipmaker Nvidia. The factory, which will serve as a sovereign cloud, will not produce hardware but instead will focus on AI research and development using Nvidia’s latest technologies, including Nvidia AI Enterprise software and frameworks and Nvidia […]

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Retail Asia15/04/2024

Apple CEO Tim Cook arrived in Hanoi Monday morning for a two-day business trip to meet notable content creators and app developers on App Store. Cook said upon arrival he was excited to meet with content creators, students and customers in Vietnam and learn about the way they use Apple’s products. Apple has unveiled plans […]

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Retail Asia15/04/2024

Vietravel Airlines has reported a profit of VND10 billion (US$400,128) for the first three months of the year, achieving its first profitable quarter since its inception in 2021. As a subsidiary of the tour operator Vietravel, the airline announced first-quarter revenues exceeding VND491 billion, surpassing its initial target by 42%. The profits stemmed from increases […]

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Retail Asia09/04/2024

Power consumption in Vietnam this summer is expected to increase by 13% year-on-year between May and July, 9.6% higher than forecast, posing possible supply challenges. This is because the weather is expected to become hot sooner than normal, and this could cause pressure on supply, especially in the north, Nguyen Quoc Trung, deputy director of […]

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Retail Asia08/04/2024

Vietnam has surpassed Thailand as the top durian exporter to China, shipping 32,750 tons in the first two months of 2024. This accounted for 57% of China’s imports, up from 32% last year, according to Vietnam Customs. Vietnam’s export of the fruit to China rose by 2.4 times year-on-year. Thailand saw its exports plunge by […]

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Retail Asia08/04/2024

Holding a high school diploma from Canada and a university degree in Chinese commerce language from China, Tat Dat has faced difficulties securing a fulfilling job upon his return to Vietnam. After moving back to his hometown of northern Quang Ninh province in 2022, it took him four months and over 20 job applications to […]

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Retail Asia25/03/2024

U.S. food and beverage giant PepsiCo has committed to investing an additional US$400 million to build two new plants powered by renewable energy in Vietnam, its government said. The announcement came last Friday as delegations of more than 60 U.S. enterprises, including Suntory PepsiCo Vietnam Beverage, paid a 3-day work visit to Vietnam last week. The Vietnamese […]

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Retail Asia18/03/2024

Operated by a Malaysian firm in some Southeast Asian locations, cosmetics retail chain The Body Shop Vietnam posted its first loss last year after three years of declining profits. InNature Berhad, which owns The Body Shop Vietnam, said that the company has been unaffected by the shutdown of The Body Shop U.S. operations last week. The […]

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Retail Asia13/03/2024

Vietnam Airlines will launch two new routes connecting Hanoi and Ho Chi Minh City with Germany’s Munich starting October. The state-owned carrier said Tuesday that it will use the wide-body Boeing 787 aircraft for the routes. The Hanoi-Munich route will have two flights per week, departing on Friday and Sunday and returning on Monday and […]

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Retail Asia12/03/2024

The Ministry of Finance has maintained its proposal to impose a 50% Most-Favored Nation (MFN) tariff on electronic atomizer, the device used to heat up liquid solution used for vaping. In a recent response to the Ministry of Health, which has advised the government to ban the imports of e-cigarettes due to health concerns, the […]

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Retail Asia08/03/2024

Gasoline and diesel prices dropped Thursday afternoon. The popular fuel RON95 gasoline fell 1.55% from a week ago to VND23,550 ($0.95) per liter. Biofuel E5 RON92 declined by 1.05% to VND22,510. Diesel dropped 1.44% to VND20,470. In the last seven days fuel prices swinged due to concerns that China would struggle to regain growth momentum, […]

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Retail Asia07/03/2024

Households in Hanoi have received electricity bills two or three times higher than usual this month after national utility Electricity Vietnam (EVN) postponed its meter reading date. Minh of Ha Dong District said the power consumed and bill for January are both more than double the usual at 2,127 kWh and VND6.7 million (US$271.4) though […]

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Retail Asia06/03/2024

The Vietnamese Government creates favourable conditions for airlines to develop and compete healthily, and encourages Australian carriers to fly to Vietnam, according to Prime Minister Pham Minh Chinh. This statement was made during a ceremony commemorating 30 years of direct air travel between Vietnam and Australia in Melbourne city on Tuesday morning. The event was […]

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Retail Asia01/03/2024

Vietnam Airlines has to ground 12 A321 aircraft, representing 20% of its domestic fleet, for up to 300 days due to engine issues, as supply chain disruptions have doubled the maintenance time, its CEO said. Le Hong Ha said engine issues are plaguing over 3,500 A321/A320neo aircraft worldwide with Pratt & Whitney engines. Vietnam Airlines […]

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Retail Asia01/03/2024

Dealerships are slashing the prices of numerous motorbike models to stimulate demand in the quiet post-Tet (Lunar New Year) season. Standard Honda Vision models are on sale for VND30 million (US$1,218.2) at some dealerships, down VND1-2 million from before the Tet holiday, which ran from February 8 to 14. Notably, all versions of the Honda Winner X […]

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Retail Asia01/03/2024

Indonesia plans to increase rice imports by 1.6 million tons this year, giving Vietnamese exporters a big opportunity, the Vietnam Trade Office in that country said. The import licenses for the additional quota would be issued soon by its Ministry of Trade once legal procedures are completed, it said. It will increase the country’s rice […]

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Retail Asia28/02/2024

Over 4,800 containers have been left unclaimed for more than 90 days at Ho Chi Minh City sea ports, causing difficulties for logistics activities. HCMC Customs said that the goods include wood, scrap and others. Many companies imported their goods in excess before the seven-day Lunar New Year holiday which began Feb. 8., causing a […]

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Retail Asia28/02/2024

Siemens has expressed interest in Vietnam’s North-South highspeed railway and offered to provide vehicles for the project. Siemens president and CEO Roland Busch told Prime Minister Pham Minh Chinh at a meeting in Hanoi Monday that the company can transfer the technology of building carriages and can provide the trailway signal system for the project. […]

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Retail Asia26/02/2024

Vietnam’s seafood exports rose by 64% year-on-year in January to nearly US$750 million, with shipments to China, the U.S. and the EU seeing sharp increases. Exports to China tripled, the Vietnam Association of Seafood Exporters and Producers (VASEP) said without providing specific figures. It said China, including Hong Kong, is Vietnam’s second biggest seafood market […]

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