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Tag: vietnam

Retail Asia02/10/2023
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Living

Vietnam probes wind towers imported from China, weighs anti-dumping tax

2min0
Vietnam’s industry ministry has launched an investigation that could lead to anti-dumping duties on wind towers originally from China, following a complaint by domestic producers, the government said on Saturday. Producers in Vietnam have claimed that dumping of Chinese-origin towers has caused “significant damage” to them, the government said in a statement, without elaborating. “In […]
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Retail Asia28/09/2023
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Food

Indonesian cafe chain Kenangan Coffee enters Singapore

2min0
F&B unicorn Kopi Kenangan, known as Kenangan Coffee outside Indonesia, has expanded its footprint into Singapore, opening its first store at Raffles City Shopping Centre. The Singapore expansion follows Kenangan Coffee’s international debut last year in Malaysia, where it currently has more than 20 stores. “The profound love that Singaporeans have for coffee, from kopitiams to contemporary […]
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Retail Asia28/09/2023
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Fashion

Maison Kitsune opens first store in Vietnam

2min0
Luxury fashion house Maison Kitsune has opened its first physical presence in Vietnam in conjunction with local distributor Tam Son International. The store, located on Trang Tien, one of Hanoi’s busiest streets, combines French and Japanese influences, as well as Vietnamese fine arts and local cultural identity. The store features a stone-paved facade and a […]
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Retail Asia28/09/2023
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General

Bamboo Airways set to downsize fleet

2min0
After restructuring its flight network, Bamboo Airways has said it will also reduce the number of aircraft to lower costs. An executive at the airline said the restructuring in the past two months included discontinuing unprofitable routes. The airline has not yet announced the number or type of aircraft that will be grounded. According to […]
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Retail Asia27/09/2023
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Electronics

iPhone 15 prices plunge 20% in three days

3min0
An iPhone 15 Pro Max brought from overseas is now sold at around VND40 million (US$1,650) in Vietnam, down 20% in three days. Smartphone shops in Hanoi and Ho Chi Minh City on September 26 offered the VND40 million price for 256GB storage option. Higher storage options of 512GB and 1TB cost VND45 million and […]
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Retail Asia27/09/2023
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Automotive

Porsche Vietnam presents new Cayenne

15min0
The third generation of Porsche “Sports Car for Five” features comprehensive upgrades to the powertrain, chassis, design, and equipment, further enhancing driving performance and offering luxurious comfort. With the vision “Further Together”, Porsche Vietnam unveiled the all-new and thoroughly refined Cayenne. The third generation of the luxury SUV made its national debut at the Contemporary […]
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Retail Asia26/09/2023
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Finance

Gold prices down

1min0
SJC gold price fell 0.22% to VND68.8 million ($2,815.92) per tael Tuesday morning. Gold ring price dropped 0.09% to VND57.75 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally, spot gold slipped 0.1% to $1,914.61 per ounce, while U.S. gold futures fell 0.2% to $1,933.30. The dollar hit a 10-month high, while […]
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Retail Asia22/09/2023
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Food

Fruit, vegetable exports historical high

2min0
Fruit and vegetable exports in the first three quarters are worth an estimated US$4.1 billion, 24% more than in full-year 2022, Vinafruit said, citing customs data. Vinafruit, or the Vietnam Fruits and Vegetable Association, said durian, banana and dragon fruit were the main contributors to the increase, with durian in the lead after climbing into […]
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Retail Asia13/09/2023
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General

Vietjet partners 2023 Sydney Marathon

3min0
Vietjet has become the air transport partner for the Sydney Marathon, and is offering free tickets to the event. The Sydney Marathon takes place from September 14 to 17 in the Australian city, and will feature many activities for athletes, locals and tourists. The runners will pass through famous landmarks like Milsons Point, the Sydney […]
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Retail Asia11/09/2023
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General

Vietnam Airlines to buy 50 Boeing 737 Max jets

2min0
Vietnam Airlines is set to sign a US$10-billion deal with U.S. aviation giant Boeing to buy 50 737 Max narrow-body aircraft. The signing is set for Monday during U.S. President Joe Biden’s state visit to Vietnam, an anonymous source told VnExpress. The deal is part of Vietnam Airlines’ plan to renew its fleet, in which many […]
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Retail Asia08/09/2023
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Finance

myOKIES: QR menu for order and pay

4min0
myOKIES has launched a digital contactless service for Vietnamese businesses, enabling customers to order and pay for purchases directly from their cell phones using a QR code. Customers can scan the code using their smartphone camera, which will take them to the myOKIES page where they can select their items and pay using a variety […]
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Retail Asia06/09/2023
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Food

Vietnam tuna exports to S Korea soar

1min0
According to the Vietnam Association of Seafood Exporters and Producers, tuna exports to South Korea rose by 2.5 times year-on-year to over US$7 million in the first seven months. Tuna Vietnam, Nha Trang Bay and Phat Trien Seafood were the three biggest exporters, accounting for 64% of total shipments. Exports of canned tuna jumped by […]
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Retail Asia05/09/2023
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E-Tailing

Amazon, Alibaba demand more Vietnam-made home décor

6min0
As purchasing power for home decorations and compact furniture on ecommerce platforms Amazon and Alibaba increases, opportunities are opening up for Vietnamese businesses to sell made-in Vietnam products. From grass brooms and water hyacinth baskets to compact chairs and shelves, “Made in Vietnam” home decoration products have been attracting customers on U.S. ecommerce platform Amazon. […]
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Retail Asia04/09/2023
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Food

Vietnam’s coconut export to reach $1B in 2025

2min0
Vietnam’s coconut export is expected to reach US$1 billion in 2025 after the U.S. and China agree to allow Vietnamese coconuts to enter the two markets, according to the Vietnam Coconut Association. As the U.S. is about to open the market for Vietnamese coconuts and China allows official coconut import, local businesses are trying to […]
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Retail Asia04/09/2023
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General

Record number of new firms seen in eight months

2min0
A record number of 103,658 new firms were established in the first eight months of this year, a rise of 2.3% year on year, the Ministry of Planning and Investment (MPI) reported. In August alone, the country saw more than 14,000 newly established businesses, up 17.9% year on year. However, the number of firms returning […]
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