poor governance stifling recovery

Poor governance stifling recovery

Economic growth has slowed in 2023 as tighter financial conditions weakened investment and consumer demand. Market adjustment to changing conditions in Vietnam has been held back by poor compliance with corporate reporting rules in both the private and public sectors.
flexible sales methods push e commerce sellers ahead

Flexible sales methods push e-commerce sellers ahead

With the shopping experience combined with entertainment becoming more likely to affect consumer decisions, the attractiveness of e-commerce platforms may depend on how much they innovate.
us regulator investigating chatgpt over bad content

US regulator investigating ChatGPT over bad content

The US Federal Trade Commission is investigating OpenAI to determine if its hugely popular ChatGPT app harms consumers by generating false information and whether its technology mishandles user data.
stability for rest of 2023 bodes well for inflation rate

Stability for rest of 2023 bodes well for inflation rate

A low consumer price index in the first six months of the year is expected to contribute to controlled inflation amid a continued downtrend in oil prices and slow-paced consumption.
uob and its growth in vietnam

UOB and its growth in Vietnam

With the largest consumer banking network in ASEAN and as a Singaporean bank with a wholly foreign-owned subsidiary in Vietnam, UOB has played an active role in serving a significant clientele of foreign investors over the past 30 years, while making contributions towards enhancing the investment climate in this emerging market.
retailers ramp up promotions to boost sales

Retailers ramp up promotions to boost sales

As consumers are tightening their budgets, retailers are initiating a broad range of promotions to boost sales.
trends and opportunities for brands and retailers

Trends and opportunities for brands and retailers

Vietnam is one of the five key markets in Asia-Pacific that hold growth potential for brands and retailers, with a strong preference for domestically produced goods. Helen Sac, consultant director for Asia-Pacific at consumer insights firm WGSN, talks to VIR’s Linh Le about emerging trends.
innovation vital for local retail advance

Innovation vital for local retail advance

Vietnamese consumers are entering a new era characterised by their evolving preferences, with it being more crucial than ever for businesses to understand the emerging trend of localised retail and consumption.
home credit takes esg to new heights

Home Credit takes ESG to new heights

Home Credit, a global consumer finance provider, today released its third group sustainability report, covering the year 2022. The report highlights the company’s progress in serving its customers and communities in a sustainable way, through the promotion of responsible finance and digital empowerment across its markets.
vietnam becomes preferred investment destination for japanese corporations

Vietnam becomes preferred investment destination for Japanese corporations

Vietnam has become a top choice for Japanese investors due to its strong economic growth, large consumer base, competitive labour costs, and favourable land rental rates.
green consumption and online shopping boom

Green consumption and online shopping boom

The event title "Vietnam Consumer Trends Forum 2023: Trends and Retail Market" was held by the Institute for Brand and Competitiveness Strategy (BCSI).
acecook vietnams consumer support programme delights food enthusiasts

Acecook Vietnam's Consumer Support Programme delights food enthusiasts

Acecook Vietnam is launching its Consumer Support Programme, offering enticing discounts on popular instant noodle and pho products to provide economic relief and culinary satisfaction to Vietnamese consumers.
petrol suffers too many taxes experts

Petrol suffers too many taxes: experts

Each litre of petroleum is subject to too many taxes, with burdens on businesses and consumers are increasing, according to industry experts.
e waste recycling costs unsettle fies

E-waste recycling costs unsettle FIEs

Many foreign-invested manufacturers are concerned about the high recycling costs of electronic waste, which could create a significant financial burden for their businesses and potentially lead to increased product prices for consumers.
singapores core inflation reduces in may

Singapore's core inflation reduces in May

Singapore’s consumer prices declined in May due to a fall in food and retail inflation, according to reports released by the country’s Monetary Authority (MAS) and the Ministry of Trade and Industry (MTI) on June 23.