wood sector anticipates rosier future

Wood sector anticipates rosier future

According to figures from the Vietnam Handicrafts Exporter Association, Vietnam can expect around $14 billion from the export of wood and wooden items in 2023, falling short of the $17 billion target. However, such a figure could be deemed encouraging amid the recession in the global market and consumers’ tightened spending.
vietnamese rank second in art performance attendance habit visa report

Vietnamese rank second in art performance attendance habit: Visa report

Vietnam ranked second in Asia-Pacific in the rate of consumers’ frequency of art performance attendance inside and outside the country in the January-December period at 41 per cent, only after India at 45 per cent, according to the latest Green Shoots Radar report released by Visa, the world's leading electronic payment firm.
retail bets on festive consumer rush

Retail bets on festive consumer rush

Increased consumer demand at the end of the year has opened up the prospect of recovery for retailers after a gloomy business year.
setting benchmarks for sustainability

Setting benchmarks for sustainability

Today, Vietnam boasts one of the world’s most rapidly growing consumer economies. However, this growth has also ushered in a substantial waste problem. A case in point is the extensive use of single-use plastics across all sectors of the economy, resulting in an annual disposal of an estimated 3.1 million metric tonnes locally.
mcredit climbs vnr500 rankings

Mcredit climbs VNR500 rankings

According to results from MB Shinsei Finance Limited Liability Company (Mcredit) the company has overcome general market uncertainties to excellently move up from 367th position to 189th position in this year's VNR500 rankings.
the heineken brand creates good times from renewable energy

The Heineken brand creates good times from renewable energy

For the past 150 years, the Heineken brand has been delighting consumers in over 190 countries around the world with its superior quality products and memorable experiences had while drinking its cold beer. Committed to another century and a half of good times and beyond, the brand has added one more ingredient to its brewing practices.
be named the most advanced technology transportation platform in kpmg report

Be named the most advanced technology transportation platform in KPMG report

Multi-service consumer platform Be surged 57 places to enter the top 10 for the first time in the Customer Experience Excellence 2023 report in Vietnam.
inflation putting pressure on myriad of sectors

Inflation putting pressure on myriad of sectors

A rise in prices of medical and education services, as well as expansion in domestic consumption, contributed largely to the consumer price index in November.
debt collection taking on new hue

Debt collection taking on new hue

Vietnam faces increasing complexities in consumer lending, with escalating concerns over illegal lending practices, challenges in debt recovery, and a call for stronger legal frameworks to manage non-performing loans and safeguard consumer rights.
three growth engines help masan become consumer technology platform

Three growth engines help Masan become consumer technology platform

Masan Group relies on three growth engines including network growth, member growth, and wallet share growth to realise its vision to become a consumer-tech platform.
foreign funds acquire larger presence

Foreign funds acquire larger presence

Foreign investment funds are maintaining a keen interest in Vietnam’s consumer sector, underscoring its sustained allure for the booming consumer class.
masan groups ma strategy paying off

Masan Group’s M&A strategy paying off

Masan Group’s active engagements in mergers and acquisitions has helped it gain entry into new sectors in recent years and complete its retail consumer ecosystem.
home credit embarks on journey of responsible business

Home Credit embarks on journey of responsible business

Consumer financial enterprise Home Credit has embarked on a journey to develop a responsible business towards sustainable development.
nestle vietnam values partnerships for sustainability goals

Nestlé Vietnam values partnerships for sustainability goals

The circular economy and sustainable development are long roads that one cannot travel alone. Everyone must go together, including manufacturers, distributors, managers, and consumers.
workforce readiness for a green transformation in manufacturing

Workforce readiness for a green transformation in manufacturing

With more consumers expecting businesses to do the right thing for people, communities, and the planet, as well as increasing regulations and laws to advance sustainability, companies need to do the same. Being a top pick for companies looking to relocate or set up their production centres, Vietnam can expect demand for green talent in the manufacturing sector to grow rapidly as companies increasingly include sustainability goals in their business strategy.