Grab makes takeover bid for Uber’s SEA operations, including Vietnam: reports
Grab makes takeover bid for Uber’s SEA operations, including Vietnam: reports

Southeast Asian ride-hailing firm Grab has been in talks with rival Uber to acquire its regional operations in a bid to tighten its grip on the rapidly growing shared transportation sector, Kr-Asia quoted people familiar with the matter as saying.

Grab makes takeover bid for Uber’s SEA operations, including Vietnam: reports
Markets, supermarkets see scant business as Tet winds down
Markets, supermarkets see scant business as Tet winds down

VOV.VN - Most markets, shops, and supermarkets resumed their normal operation on the fifth day of Lunar New Year (Tet), however, they welcomed few customers.

Markets, supermarkets see scant business as Tet winds down
Ministry works to stabilise market following Tet
Ministry works to stabilise market following Tet

Prices of essential goods in traditional markets returned to normal on the fourth and fifth days of the lunar year (February 19-20) after increases few days before the Tet holiday which lasted from February 14-20.

Ministry works to stabilise market following Tet
RON 95 petrol price drops by VND400 per litre
RON 95 petrol price drops by VND400 per litre

The price of RON 95 petrol declined by VND400 per litre from 15:00 on February 21 as decided by the Ministry of Industry and Trade and the Ministry of Finance.

RON 95 petrol price drops by VND400 per litre
Price of cashew nuts surges high during Tet
Price of cashew nuts surges high during Tet

VOV.VN - The average price of cashew nuts increased by VND30,000 per kilo to VND280,000 as many processing plants in Binh Phuoc province have bought a large quantity of raw cashew nuts to meet the increasing demand during the traditional Lunar New Year (Tet) while supplies were limited.

Price of cashew nuts surges high during Tet
Vietnamese spend US$18m importing Tet flowers and plants
Vietnamese spend US$18m importing Tet flowers and plants

VOV.VN - Imports of flowers and ornamental plants for the traditional Lunar New Year (Tet) 2018 hit the US$18 million mark, a rise of nearly 50% over the same period of last year, according to the General Department of Vietnam Customs.

Vietnamese spend US$18m importing Tet flowers and plants
Trade counselors to talk with southern local government officials and businesses
Trade counselors to talk with southern local government officials and businesses

VOV.VN - Trade counsellors will talk with local government officials and businesses from southern Vietnam in Ho Chi Minh City on February 26 within the framework of the Commercial Counsellors' Conference 2018 held by the Ministry of Industry and Trade (MOIT).

Trade counselors to talk with southern local government officials and businesses
More than 100 shops open in Hanoi on the first day of Tet
More than 100 shops open in Hanoi on the first day of Tet

VOV.VN - The Hanoi municipal Department of Industry and Trade has announced a list of shops which will open during the traditional Lunar New Year (Tet) festival.

More than 100 shops open in Hanoi on the first day of Tet
Supermarkets in HCM City gear up for Lunar New Year
Supermarkets in HCM City gear up for Lunar New Year

Many supermarkets are launching attractive promotion programmes in the days ahead of Tet (Lunar New Year) to attract customers. Tet falls on February 16 this year.

Supermarkets in HCM City gear up for Lunar New Year
Vietnam spends US$5.4 million a day importing fruit pre-Tet
Vietnam spends US$5.4 million a day importing fruit pre-Tet

VOV.VN - Vietnam spent more than US$167 million on fruit imports in January, a year-on-year increase of 70%, according to the General Department of Vietnam Customs.

Vietnam spends US$5.4 million a day importing fruit pre-Tet
Vietnam banks see more withdrawals of foreign shareholders
Vietnam banks see more withdrawals of foreign shareholders

The lack of a common voice among managers, the changes in business strategies, and the weak role on the board of directors are some of the reasons foreign shareholders have left Vietnamese banks.

Vietnam banks see more withdrawals of foreign shareholders
Property market attractive to both eastern, western investors
Property market attractive to both eastern, western investors

While Asian investors are dominating real estate investment and mergers and acquisitions (M&As) in Vietnam, many European and American firms have chosen to invest in listed property companies, according to a specialist of Savills Vietnam.

Property market attractive to both eastern, western investors
Vietnam - strongest gold jewellery market in 2017
Vietnam - strongest gold jewellery market in 2017

Vietnam was the strongest gold jewellery market in Asia last year, according to the World Gold Council’s report about gold trends in 2017 released recently.

Vietnam - strongest gold jewellery market in 2017
HCM City gets new speciality market
HCM City gets new speciality market

Nearly 1,000 “clean” agricultural and other speciality products and consumers goods are on display at the Green Market–Tet Consumer Products fair, which opened on February 8 at the Phu Tho Stadium in HCM City’s District 11.

HCM City gets new speciality market
FMCG forecasted to grow fast during Lunar New Year festivities
FMCG forecasted to grow fast during Lunar New Year festivities

The increasing demand for consumer goods and evolving distribution systems enable the fast moving consumer goods (FMCG) to become the fastest-growing segment in Vietnam.

FMCG forecasted to grow fast during Lunar New Year festivities
Raging competition on e-commerce market promises to heat further up
Raging competition on e-commerce market promises to heat further up

The Vietnamese e-commerce market contains unexpected elements this year, including Tiki receiving investment from a Chinese partner, Shopee flying up, Lazada getting support from Alibaba, and Cho Tot announcing new ambitions.

Raging competition on e-commerce market promises to heat further up
Natural cosmetics are vitalised
Natural cosmetics are vitalised

The growing appetite of consumers for natural cosmetics has fuelled the billion-dollar domestic cosmetics market, which has recently seen increasing presence by local players.

Natural cosmetics are vitalised
Fuel price hike strains businesses
Fuel price hike strains businesses

Businesses are trying to keep the prices of consumer goods down despite recent fuel price hikes.

Fuel price hike strains businesses
Property transactions in Hanoi rise 13.8%
Property transactions in Hanoi rise 13.8%

Up to 1,650 property transactions were successful in Hanoi in January, up by 13.8% from December 2017, reported the Ministry of Construction’s Housing and Property Market Management Department.

Property transactions in Hanoi rise 13.8%
Many Korean goods to be exempted from tax in Vietnam
Many Korean goods to be exempted from tax in Vietnam

Many goods imported from the Republic of Korea (RoK) into Vietnam will be exempted from import taxes in 2018, due to the Vietnam-Korea Free Trade Agreement (VKFTA).

Many Korean goods to be exempted from tax in Vietnam
Market records more property sales in January
Market records more property sales in January

More sales were recorded in the domestic property market in January as compared to figures in December 2017.

Market records more property sales in January
As car imports slow, sales of domestically assembled cars go up
As car imports slow, sales of domestically assembled cars go up

Foreign-invested auto enterprises in Vietnam have canceled orders for imports from Thailand and Indonesia because they still cannot get certificates from agencies of export countries, as required by Decree 116, according to Pham Anh Tuan from the Vietnamese Auto Manufacturers Association (VAMA). 

As car imports slow, sales of domestically assembled cars go up
Blockchain to change world real estate market
Blockchain to change world real estate market

Blockchain technology can bring revolutionary changes to the real estate sector in many aspects of the world market, including Vietnam, according to Savills Vietnam’s press release.

Blockchain to change world real estate market
Petrol prices remain unchanged ahead of Lunar New Year
Petrol prices remain unchanged ahead of Lunar New Year

The prices of all petrol and oil will be kept unchanged in the latest regular adjustment of petrol and oil prices on February 3.

Petrol prices remain unchanged ahead of Lunar New Year
Land fever grips Khanh Hoa provinces
Land fever grips Khanh Hoa provinces

Authorities in central coastal Khanh Hoa Province have called for improvement in land management in Van Ninh District, which is planned to become Bac Van Phong special administrative economic unit.

Land fever grips Khanh Hoa provinces
Drug retail market expands with new players
Drug retail market expands with new players

Giant retailers who have been eyeing the drug retail market for years have finally joined the game with ambitious plans to remap the market.

Drug retail market expands with new players
Starbucks to open in Da Nang this month
Starbucks to open in Da Nang this month

Starbucks will open its first café in Da Nang City on February 3 to celebrate five years of its presence in Vietnam.

Starbucks to open in Da Nang this month
Local e-commerce market now a playing field for Chinese businesses
Local e-commerce market now a playing field for Chinese businesses

The Chinese JD Group has announced a plan to pour money into Tiki, a Vietnamese e-commerce website.

Local e-commerce market now a playing field for Chinese businesses
Gas price down VND1,667 per kg in the south from February 1
Gas price down VND1,667 per kg in the south from February 1

The retail price of gas in southern localities, including Ho Chi Minh City, will reduce by VND1,667 (US$0.07) per kg or VND20,000 (US$0.88) per 12kg cylinder from February 1, in comparison with that of January.

Gas price down VND1,667 per kg in the south from February 1
Vietnam's exports to US face tough time ahead
Vietnam's exports to US face tough time ahead

VOV.VN - Prime Minister Nguyen Xuan Phuc has asked the Ministry of Industry and Trade to double check goods exported to the US to ensure the credibility and reputation for Vietnamese products as well as exporters’ interests in the Southeast Asian nation's largest export market.

Vietnam's exports to US face tough time ahead