masan set for strong finish to 2023

Masan set for strong finish to 2023

Many economic experts believe that interest rates will continue to decrease from now until the end of the year, lending rates in particular. A series of fiscal policies, such as VAT reductions and salary increases, are also expected to stimulate domestic consumption. Vietnam's largest retail consumer outfit, Masan Group, is set to benefit significantly from these policies.
home credit sets sights on vietnamese consumer finance

Home Credit sets sights on Vietnamese consumer finance

Despite the recent headwinds in the consumer finance market, Home Credit Vietnam still has its sights set on Vietnam. Pham Ngoc Khang, the company's CFO, spoke with VIR’s Thanh Van about his strategy to navigate amidst the turbulence.
basf and teamplas to recycle consumer waste

BASF and Teamplas to recycle consumer waste

BASF and Teamplas Group, a leading manufacturer of recycled pellets in Southeast Asia, on November 14 announced that they have collaborated to transform post-consumer waste into new high-quality office equipment and car interior parts with the help of BASF's IrgaCycle®.
golden price shock day lures consumers

'Golden Price Shock Day' lures consumers

'Golden Price Shock Day’, a part of Hanoi Promotion Month 2023, lured droves of the city's consumers to shopping hotspots on November 11-12.
us dairy could spark innovation in nutrition

US dairy could spark innovation in nutrition

The nutrition and versatility found in US dairy ingredients are ideally suited for crafting an array of great-tasting food products that meet the growing consumer interest in health and wellness.
competition heats up for acquisition of home credit vietnam

Competition heats up for acquisition of Home Credit Vietnam

KBank, KB Kookmin, SCB X are shortlisted into the next round of acquisition of Home Credit Vietnam, one of the leading consumer finance companies in the Vietnamese market.
acquisitions rise in consumer finance

Acquisitions rise in consumer finance

Asia’s key financial players are escalating their investments in Vietnam’s consumer finance sector, underscoring the country’s evolving role as a pivotal market.
rising bad debt putting brakes on lending by financial firms

Rising bad debt putting brakes on lending by financial firms

The country is grappling with soaring bad debt and a surge in black credit, straining legitimate consumer finance firms and impacting vulnerable communities.
uob releases flagship study on consumer sentiment

UOB releases flagship study on consumer sentiment

On November 1, United Overseas Bank (UOB Vietnam) held a ceremony to bring exposure to its flagship study on consumer sentiment across ASEAN.
vietnam as a potential market for high quality and energy efficient kitchen appliances

Vietnam as a potential market for high-quality and energy-efficient kitchen appliances

German speciality glass company Schott AG has reaffirmed its long-term commitment to the Vietnamese market by fighting against fake and substandard products that may pose health and safety risks to consumers.
dairy groups take on greener vision

Dairy groups take on greener vision

Being more environmentally minded in terms of both products and supply chains could be a gateway to help dairy businesses get closer to consumers as well as expand export markets.
grab navigates affordability and sustainability

Grab navigates affordability and sustainability

Over the past year, Grab has rolled out a number of new initiatives, aimed at benefiting both consumers and driver-partners. Alejandro Osorio, CEO of Grab Vietnam, talked to VIR’s Linh Le about his company's response to the evolving dynamics in the Vietnamese economy, focusing on an affordability strategy to stay relevant in a challenging economic climate.
more vietnamese brands tap into chinas thriving consumer market

More Vietnamese brands tap into China's thriving consumer market

More Vietnamese companies are venturing into mainland China to tap into its thriving and dynamic consumer market.
vietnam among the worlds principal instant noodle consumers

Vietnam among the world's principal instant noodle consumers

Vietnam has been the third-largest instant noodle consumer globally for the past three years, according to the World Instant Noodle Association (WINA).
new messages released to combat illegal wildlife products

New messages released to combat illegal wildlife products

In a step towards reducing the demand for illegal wildlife products in Vietnam, the Saving Threatened Wildlife project has released a creative new set of messages and images, aiming to alter consumer behaviour surrounding the use of illegal wildlife products.