anova corp changes name to nova consumer group

Anova Corp changes name to Nova Consumer Group

Anova Corporation has announced its new name, Nova Consumer Group, at its annual shareholders' general meeting on June 25.
social video becomes the new normal

Social video becomes the new normal

In recent years, video content has become more and more attractive to users. This lead to the popularity of platforms and apps like Facebook allowing video consumers to watch and create their own video content. COVID-19 has forced economies and societies to adapt to a new normal, where social video truly ascends to the throne.
escalating shipping charges hinder local manufacturers

Escalating shipping charges hinder local manufacturers

Skyrocketing shipping costs, seen as the key culprit behind the higher burdens for businesses and rising retail prices for end-consumers, are expected to linger amidst the ongoing pandemic.
lg switching older complexities for new

LG switching older complexities for new?

Amid dented consumer consumption and growing production costs, LG’s move to expand its home appliance production and exit the smartphone sector could present the South Korean conglomerate with new hurdles.
vietnamese lychees confident of winning over consumer taste in netherlands

Vietnamese lychees confident of winning over consumer taste in Netherlands

Fresh lychees from Vietnam have hit the shelves of a supermarket in the Netherlands and received warm response, expecting to make further inroads into this market in the time ahead.
secret of success for fmcg brand building overseas

Secret of success for FMCG brand building overseas

Trademark protection and brand building is essential for local products to make a mark in global markets. Trung Trinh Hien and Thuy Thanh Do from Austrian-backed, Hanoi-based company Live Forever Young discussed the points that need to be noted to be successful in brand building overseas for fast-moving consumer goods segment.
pension fund landscape to be diversified

Pension fund landscape to be diversified

Driven by incrementally surging demand from a gradually ageing population, more credit institutions and consumer finance companies are diversifying their loan schemes, including loan programmes for retirees.
visa extends support of cashless day to drive growth of non cash payments in vietnam

Visa extends support of Cashless Day to drive growth of non-cash payments in Vietnam

Visa, the world’s leader in digital payments, is celebrating Cashless Day in Vietnam by raising awareness to the benefits cashless payments provide businesses and consumers across the country.
sabeco clears house at international beer awards to take local brand to the world

SABECO clears house at international beer awards to take local brand to the world

Overcoming hundreds of entries from across the globe, Vietnam's largest brewer SABECO has showed up strong at the Australian International Beer Awards, bringing the local brand into consumers’ minds across the globe.
inflation reined in as materials prices rise through year

Inflation reined in as materials prices rise through year

Despite a big rise in the prices of construction materials and fuel, a 5-year low in the consumer price index caused by weak demand in the first five months of 2021 is signalling a successful control of inflation.
fair competition and sustainable economic development for smes

Fair competition and sustainable economic development for SMEs

It is widely recognised that the decisive and tireless efforts to control the pandemic by the Vietnamese government and people have realised the uninterrupted economic growth of Vietnam.
e commerce giants see accelerated cross border e commerce activities from vietnam

E-commerce giants see accelerated cross-border e-commerce activities from Vietnam

E-commerce giants see accelerated cross-border e-commerce activities from Vietnam amidst the global health crisis, indicating that Vietnamese goods are extending reach to global consumers.
local consumer trust at heart of herbalife successes

Local consumer trust at heart of Herbalife successes

Health and nutrition are humanity’s top priorities, and modern methods can be used to help in this regard. John Agwunobi, CEO and chairman of Herbalife Nutrition, talked with VIR’s Hara Nguyen about the company’s efforts to provide the best nutrition products to people in Vietnam.
foreign investor participation crucial for operations

Foreign investor participation crucial for operations

The mega-deal between Sumitomo Mitsui Financial Group and FE Credit is expected to rewrite the consumer finance landscape in Vietnam. Masataka “Sam” Yoshida, head of the Cross-border Division of RECOF Corporation and CEO of RECOF Vietnam Co., Ltd., talked with VIR’s Luu Bui about the appetite of Japanese investors for the market.
consumer finance groups tap new funds

Consumer finance groups tap new funds

International expertise and solid financial support are vaulting some consumer finance companies in Vietnam ahead of their peers, and also presenting opportunities for both sides to deploy excess capital and diversify their business.