retailers implement creative quick fixes to drum up custom

Retailers implement creative quick fixes to drum up custom

After the initial rush to supermarkets following news of a new wave of coronavirus infections, retailers are now facing gloomy prospects as people are go out as little as possible and many have already stocked up on their essentials a few weeks ago.
vietnam offers little unmet demand for medical mask imports

Vietnam offers little unmet demand for medical mask imports

While Chinese manufacturers are announcing intentions to begin exporting medical face masks to help deal with the global COVID-19 pandemic, their choice of starting point, Vietnam, may prove a tough cookie, with little demand unmet by local producers.
low supplies trouble textiles and garments

Low supplies trouble textiles and garments

Local suppliers of overseas fashion brands may have a bumpy road ahead as materials from China have been blocked due to COVID-19.
plastic packagers looking to vietnam

Plastic packagers looking to Vietnam

The unfavourable prospects of the Thai packaging industry, dimmed by the ban on single-use plastic bags in the country, may force packaging manufacturers to shift business to nearby markets like Vietnam. Kim Anh reports.
sbv sets new course to board industry 40 in banking sector

SBV sets new course to board Industry 4.0 in banking sector

To keep up with the ever-evolving technology, banks have to be well-positioned to engage with the new wave of digitally empowered customers. Nguyen Kim Anh, Deputy Governor cum chairman of the Fintech Steering Committee at the State Bank of Vietnam, looks into how the central bank aids lenders to innovate and address their most pressing needs.
another bites the dust in e commerce

Another bites the dust in e-commerce

The local e-commerce market is proving tougher than imagined by most as players drop out of the race left and right, while others are hanging on by a fingernail.
fast fashion seeks speedy solutions

Fast-fashion seeks speedy solutions

High land lease prices, local preference on exported clothing, and the custom of shopping at local stores may not favour Japanese-based UNIQLO’s plan to make waves in Vietnam.
mon hue woes a warning to chains

Mon Hue woes a warning to chains

The closure of much of the Mon Hue chain has demonstrated the risk that food and beverage businesses can suffer from, as the collapse cements that attracting investment funds does not equal an ability to balance the books. Kim Anh reports.  
curtailing the air threat for humans

Curtailing the air threat for humans

As the red alarm is sounded over air pollution in Southeast Asia, the demand for dust masks and air purifiers has been skyrocketing in Vietnam, urging home appliance manufacturers to launch new, optimised products. Kim Anh reports.
uncertain results in eco friendly push

Uncertain results in eco-friendly push

While traditional markets are wallowing in an ocean of plastic bags, there is a  trend to turn to environmentally-friendly alternatives among local supermarkets and to say no to plastic bags and single use products at new stores but the results is still not up to the expectation. Kim Anh reports.
vir officially launches 13th swing for the kids

VIR officially launches 13th Swing for the Kids

Aiming to keep raising funds for disadvantaged students with good academic performance, VIR’s 13th Swing for the Kids charity golf tournament will be organised on April 20 at BRG Kings Island Golf Resort’s King Course golf course in Hanoi’s Son Tay district.
the central banks new strategy to sustain credit market in 40 era

The central bank’s new strategy to sustain credit market in 4.0 era

Last August, the State Bank of Vietnam issued Decision No.986/QD-TTg on the development strategy of the Vietnamese banking sector until 2025, with vision towards 2030. The central bank’s Deputy Governor Nguyen Kim Anh filled in VIR’s Hong Dung on how the new legal document will help drive the banking sector amidst Vietnam’s further international integration and the ascension of Industry 4.0.
fake promotions abound at black friday campaign

Fake promotions abound at Black Friday campaign

Existing tiny fines are not likely to prevent violations of Vietnamese regulations on promotions, especially as the festive season is around the corner, and e-commerce platforms are enticing sales campaigns once again. Kim Anh Huong reports.
edigi tries its luck as apple reseller

eDiGi tries its luck as Apple reseller

Vietnam’s authorised Apple distributors now count a new member, as Imex Pan Pacific Group (IPPG) has launched its first Apple Premium Reseller (APR) store called eDiGi. However, with the Vietnamese preference for parallel imports and the previous failure of similar stores in Vietnam, IPPG’s chances for success seem thin. Kim Anh reports.
foreign players dominate blossoming cinema scene

Foreign players dominate blossoming cinema scene

CJ CGV and Lotte Cinema hold the upper hand in the domestic cinema scene, with about two-thirds of the market, while local cinemas are floundering without necessary finance to really cope with such a threat. Kim Anh reports.