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26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
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 )

Retail Asia07/10/2021

The first Ritz-Carlton branded residences in Vietnam is set to open in late 2023. Masterise Homes and Marriot International on May 10 announced the signing of an agreement for The Ritz-Carlton Residences, Hanoi, a standalone luxury branded residential project that marks the debut of the Ritz-Carlton brand in Vietnam, slated to open in late 2023. […]

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Retail Asia06/09/2021

Hanoi will restrict motorbike shippers’ timings to between 9 a.m. to 8 p.m. every day, starting Monday, while requiring continued compliance with all pandemic prevention and safety measures. All shippers, accordingly, will have to furnish a certificate with negative PCR or rapid antigen test results in line with health ministry regulations. The timing restrictions are […]

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Retail Asia25/08/2021

With shops closed and delivery services facing restrictions due to the Covid-19 outbreak in Hanoi, apartment dwellers have stepped infill the supply gap by selling online. Thu, a clerk at a media company, who is working from home amid the social distancing, said: “I orders goods online for home delivery and pay through bank transfer. […]

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Retail Asia03/08/2021

Many supermarkets in Hanoi are starting to impose social distancing, limiting the number of customers and the volume of foodstuffs they buy. BigC Thang Long Supermarket stipulated that each customer is allowed to buy a maximum three-egg blisters a day, while the respective rate at MM Mega Market is five egg blisters. Aeon Mall Ha […]

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Retail Asia05/07/2021

Japanese chain retailer Muji opened its first store in Hanoi on Saturday after opening one in HCMC last November. The store, which spans 2,000 square meters at Vincom Center Metropolis on Lieu Giai Street, is the second to be opened in Vietnam. The flagship store in Hanoi provides around 5,000 products, ranging from fashion, cosmetics […]

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Retail Asia08/06/2021

Vietnam’s largest private company, Vingroup, has established pharmaceutical company Vinbiocare with a charter capital of VND200 billion ($8.6 million). Its focus will be on medicine, vaccines. Vingroup owns 69 percent of Vinbiocare Biotechnology JSC, its formal name, which is headquartered in Hanoi, while Phan Quoc Viet, CEO of tech firm Viet A Technology Corporation, owns 30 […]

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Retail Asia07/06/2021

Fares on Hanoi’s first metro will range from VND8,000-15,000 ($0.35-0.65). City authorities have also decided that a day pass on the Cat Linh – Ha Dong metro line for unlimited trips will cost VND30,000. A monthly pass will cost VND200,000 and half that for students and workers at industrial parks. For businesses buying the monthly […]

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Retail Asia25/05/2021

The Hanoi Stock Exchange (HNX) posted VND399 billion ($17.3 million) in 2020 post-tax profit, a year-on-year increase of 28 percent. Its revenue rose 32 percent year-on-year to VND733 billion, 87 percent of which was from transaction charges. The exchange attributes its highest-ever revenue and post-tax profit earnings to the rise in corporate bonds issuance. According […]

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Retail Asia13/04/2021

The producer of Hanoi Beer expects sales to be badly hit by the Covid-19 pandemic this year and profits to fall to a 10-year low as a result. The Hanoi Beer Alcohol and Beverage Jsc forecast post-tax profits of VND255 billion ($11 million), down 59 percent from 2020. Habeco said in a report that tourism […]

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Retail Asia02/04/2021

Hanoi’s first metro line Cat Linh – Ha Dong is set to be handed over to city authorities in May for commercial operation. The company that built it, China Railway Sixth Group Co Ltd., on Wednesday began the process of handing over the Cat Linh – Ha Dong Metro Line to local authorities. The handover […]

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Retail Asia31/03/2021

Bamboo Airways has got a slot allocated at London’s Heathrow Airport to fly six times a week from Hanoi and HCMC starting in May. The flights would be operated using the airline’s long-haul Boeing 787-9 Dreamliner aircraft. The carrier had stated its intention to fly to the British capital and Frankfurt in Germany in the […]

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Retail Asia18/03/2021

Economic stability, positive investor sentiment, strong demand, and a diverse range of products are keeping the property market robust. The assumption that Covid-19 would cause the market to slump has proven baseless, and market research aftermarket research shows property prices increasing across the board. Vietnam’s bright economic prospects and strategies adopted by many major property […]

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Retail Asia21/01/2021

Most real estate classes in Hanoi showed recovery signs in Q4 2020, but Covid-19 uncertainties continue to loom over the market this year. The retail category saw total supply in the last quarter increasing 1 percent year-on-year to 1.6 million square meters with the launch of the 36,000-square-meter Vincom Mega Mall Ocean Park in the […]

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Retail Asia19/01/2021

Hanoi single-trip ticket passengers reached 63.6 percent of its annual goal, dropping 36 percent year-on-year, while monthly tickets decreased by 34.3 percent compared to 2019. Hanoi Transportation Corporation (Transerco) total revenue in 2020 was VND2.5 trillion ($108 million), fell 17.5 percent year-on-year, said Nguyen Thanh Nam, CEO of Transerco, at the Transerco 2020 Review Conference […]

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Retail Asia11/01/2021

Housing prices are rising faster in Hanoi’s outer districts than in areas closer to downtown, thanks to improved connectivity. Average prices in districts like Gia Lam and Nam Tu Liem rose 1.3 percent in the last quarter to $1,473 per square meter, and at 0.7 percent in central districts, according to a recent report by […]

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Retail Asia24/11/2020

The Hanoi-HCMC route is the world’s second-busiest in November after South Korea’s Jeju-Seoul, according to British aviation analysis company OAG. The flight route connecting Vietnam’s two largest cities, which takes around two hours, has nearly 893,000 seats scheduled for November, while the route between South Korean capital Seoul and Jeju Island has 1.3 million. The […]

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Retail Asia12/11/2020

Companies in Hanoi are struggling to find Grade A office space in the downtown area because of limited supply. Major Grade A office buildings in the downtown district of Hoan Kiem are recording 95-100 percent absorption rates due to high demand in the capital city, according to a recent report by real estate consultancy Savills. […]

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Retail Asia20/10/2020

Hanoi’s Q3 new apartment supply fell 60 percent year-on-year to a five-year low of 3,100 units as Covid-19 hampered new launches. Of the new supply, only 700 units, or 23 percent, came from four new projects, while the rest were from nine existing ones, Do Thu Hang, director of advisory services at real estate consultancy […]

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Retail Asia02/10/2020

The Hanoi Department of Planning and Architecture has recommended the construction of a second airport in the city to cope with the rising demand for air travel. The new airport should be built in the southern district of Ung Hoa, 40 kilometers from the downtown, while the existing Noi Bai International Airport should be upgraded […]

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Retail Asia16/09/2020

The number of applications for unemployment benefits in Hanoi as of September 10 has risen 22 percent year-on-year to nearly 60,000 as a fallout of the coronavirus pandemic. Last month the Hanoi Center for Employment Services (HCES) received 9,000 applications, down from the monthly peak of 10,000 in June, Vu Quang Thanh, deputy director of […]

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