buy now pay later on the rise in vietnam

"Buy now, pay later" on the rise in Vietnam

The trend of buy now, pay later solutions is projected to gain traction in Vietnam with many players unveiling new services to tap into this fast-growing segment.
modern pharmacy retail chains ramp up expansion

Modern pharmacy retail chains ramp up expansion

Modern pharmacy retailers are aggressively expanding their chains and embracing digital transformation solutions to conquer the promising market.
abbott and shopee to soon celebrate family nutrition day

Abbott and Shopee to soon celebrate Family Nutrition Day

Abbott, a global healthcare company, and Shopee, a leading e-commerce platform in Southeast Asia and Taiwan, are coming together to help improve nutrition at every stage of life for Vietnamese people.
retail sales service revenue hit 735 billion usd in four months

Retail sales, service revenue hit 73.5 billion USD in four months

The total retail sales and service revenue surged 10.02 percent year-on-year to 1.695 quadrillion VND (over 73.5 billion USD) in the first four months of 2021, according to the Ministry of Industry and Trade (MoIT).
capital injections loom in finance ma

Capital injections loom in finance M&A

Although the pandemic is still taking a serious toll on the economy, foreign investors are banking on cross-border mergers and acquisitions in the financial industry, especially in consumer finance and retail banking, illustrating the urgency to acquire new capabilities.
aws partner network enables success of partners

AWS Partner Network enables success of partners

In line with digital transformation in Vietnam, Amazon Web Services Partner Network is supporting enterprises of all shapes and sizes in their technology shift to g ain success in this digitalised trend.
singaporean startup pours 15 million into vietnams cashback market

Singaporean startup pours $15 million into Vietnam's cashback market

E-commerce cashback platform ShopBack has injected around $15 million into Vietnam with a view to creating a new shopping habit for local shoppers.
citigroup in retreat from retail banking

Citigroup in retreat from retail banking

Facing challenges from local rivals, some foreign financial institutions have withdrawn their retail banking businesses in Asian markets, including in Vietnam, and placed their priority on institutional customers. 
foreign bank moves pointing to repositioned focus

Foreign bank moves pointing to repositioned focus

Banking giant Citigroup has decided to shut down its retail division in 13 markets, including Vietnam, to reset focus on institutional clients. Kent Wong, partner, head of Banking and Capital Markets at VCI Legal, explained to VIR’s Celine Luu why some foreign lenders are withdrawing, and how fierce the competition between international and locally-invested banks is in Vietnam.
new habits in health retail

New habits in health retail

Vietnam’s modern health and beauty retail sphere continues to gain traction as players are mulling over expansion plans.
over 575 per cent of vietnamese smes struggle with digital transformation how can they cope with the challenge

Over 57.5 per cent of Vietnamese SMEs struggle with digital transformation: How can they cope with the challenge?

Small- and medium-sized enterprises (SMEs) account for 97 per cent of the total number of enterprises and contribute more than 45 per cent of Vietnam's total GDP. In the face of market changes due to digital transformation, how can SMEs turn challenges into opportunities?
citigroup to withdraw retail banking division from 13 markets including vietnam

Citigroup to withdraw retail banking division from 13 markets, including Vietnam

Citigroup – the parent firm of Citibank – has announced that it would withdraw its retail banking division from 13 markets in Asia, Europe, the Middle East, and Africa, including Vietnam.
new mastercard report e commerce a covid 19 lifeline for merchants

New Mastercard report: E-commerce a COVID-19 lifeline for merchants

An additional $900 billion was spent in online retail around the world in 2020, according to Mastercard’s latest Recovery Insights report.
digiworld aims to reach billion dollar market cap target

Digiworld aims to reach billion-dollar market cap target

After handsets, laptops, and fast-moving consumer goods, privately-held Digiworld – a leading ICT distributor – is looking further afield into home appliances trade on its journey to achieve its billion-dollar market cap target. Hong Phuc reports.
mm mega market maintains position as two way trade bridge between vietnam and thailand

MM Mega Market maintains position as two-way trade bridge between Vietnam and Thailand

After 45 years of the establishment of diplomatic relations between Vietnam and Thailand, bilateral trade and investment co-operation have been growing strongly, largely attributable to considerable contributions of the Thai business community in Vietnam.