VIR
2504 newsArticles by author
Popularity campaign for Belgian fries in Vietnam
As Belgian firms reach out to extend fries-exports in Southeast Asian countries, Vietnamese people might shift dietary habits to accommodate more fries in the future.
Valentino Creations launches 32th store and Premium Shirt collection
Malaysia-based fashion brand Valentino Creations officially opened its 32th store in Vietnam on the first floor of Vincom Thanh Hoa Plaza and launched its Premium Shirt collection with high-quality cotton from the world-leading garment materials supplier Tessitura Monti.
Halting payments via phone cards: an unequal game?
Three giant mobile operators (Viettel, MobiFone, and Vinaphone) halted payments via phone cards for domestic digital content and online games, creating inequality as foreign application stores, specifically Google Play Store, still allow people to use phone cards for in-game payments.
VND stable as USD rises and yuan is weakening
The VND remained resilient against external factors including the stronger greenback and the weakened Chinese yuan, with a forecast for the dong to devalue by some 1% by the end of the year to short up exports.
Vietnam could be Lotte Mart’s next target for withdrawal after China?
Lotte Shopping Holdings Hong Kong Co. has just sold most of its outlets in China to local companies for over $505 million. Will Vietnam be the next target to cut ends for this group after ten years of consecutive losses?
Consumers change retail
The retail sector in Vietnam has been going through revolutionary changes to serve a generation of local, tech-savvy consumers as well as an increasing number of tourists.
Nippon Sheet Glass to restart idle thin glass float factory in Vietnam
Japanese glass producer Nippon Sheet Glass (NSG) will pump part of a US$365 million investment into upgrading and restarting a currently dormant thin glass float factory in Vietnam, according to the company website.
US$180-million AEON MALL Haiphong to break ground on May 13
On May 13, Japanese shopping mall developer AEON MALL will receive the investment certificate for its US$180-million “AEONMALL Haiphong–Le Chan” shopping mall. The ground-breaking ceremony of the project will be organised on the same day.
Global shoe manufacturers shift sourcing from China to Vietnam
In the face of potential US tariffs on Chinese-made shoes, numerous world-famous shoe and handbag manufacturers are mulling over shifting sourcing to Vietnam.
JC&C joins the race for Vinamilk
Singapore’s largest automotive group, Jardine Cycle & Carriage Limited Company (JC&C), announced plans to take up the competition with F&N Dairy Investment Pte., Ltd. for a stake in Vietnam Dairy Products JSC (Vinamilk) by registering to buy an additional 14.5 million shares through its Platinum Victory Pte., Ltd. investment fund.