lychee going digital thanks to vietrades online tie ups

Lychee going digital thanks to Vietrade’s online tie-ups

Lychee – the small, rounded fruit with its sweet, white scented flesh – is on its way to Japanese customers thanks to the activities of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade and more lenient regulations from the Japanese side. Besides this, consumers can now order the refreshing delicacies online on platforms like Lazada.
heineken and top djs present local consumers with exclusive music in a can experience

HEINEKEN and Top DJs present local consumers with exclusive “music in a can” experience

This May, HEINEKEN has collaborated with electronic dance music (EDM) legends Tiësto, Dimitri Vegas & Like Mike, KSHMR, and Quintino to launch limited edition HEINEKEN x Top DJ packs and a series of exciting consumer activities to follow.
reasons behind the 400 million investment in the crownx of masan

Reasons behind the $400 million investment in The CrownX of Masan

The latest $400 million is just the initial capital in the broad plan of Masan Group to develop its tech-enabled retail and consumer system and expand its reach to serve consumers nationwide.
making use of technology roadmaps in order to serve longer term fmcg goals

Making use of technology roadmaps in order to serve longer-term FMCG goals

Digital technology has already propelled the fast-moving consumer goods sector in Vietnam, as well as further afield, and reaped greater benefits for this market. Rahul Shinde, chief information officer at Coca-Cola Vietnam, dived into the advantages for the manufacturing process and customer engagement, and explains how to embed this tech culture into the industry in Vietnam.
shifting logistics real estate trends

Shifting logistics real estate trends

International trade has been severely impacted by the pandemic. Not only have consumer habits changed but new medicines and vaccines require new capabilities in logistics to be properly delivered and stored. These changes are forcing the sector to adapt.
alibaba leads 400 million investment in masan groups consumer and retail unit

Alibaba leads $400 million investment in Masan Group's consumer and retail unit

Alibaba Group and its partners are pouring $400 million into Masan Group's consumer and retail arm, a deal that will help the Chinese e-commerce giant expand its footprint in the country.
will kasikornbank purchase citibanks retail business arm

Will Kasikornbank purchase Citibank’s retail business arm?

Kasikornbank – Thailand’s second largest financial institution – is allegedly a potential bidder to purchase Citibank’s retail business arm to increase its foothold in the wealth management, consumer lending, and credit card sectors.
five ways to better 5g

Five ways to better 5G

This week Ericsson released the “Five Ways to a Better 5G” report by Ericsson Consumer Lab which is the result of the largest global 5G consumer study to date. Covering consumer sentiment and perception in 26 markets – including the US, China, South Korea, and the UK – the study involved 1.3 billion smartphone users globally, including 220 million 5G subscribers. Denis Brunetti, president of Ericsson Vietnam, Myanmar, Cambodia, and Laos shares the key insights from the report.
soymilk products of vinasoy make forays in china and japan

Soymilk products of Vinasoy make forays in China and Japan

Fami soymilk products of Vinasoy have recorded remarkable achievements in international markets through growing visibility at diverse supermarkets across China and Japan.    
citis digital growth benefiting institutional clients

Citi’s digital growth benefiting institutional clients

Citi Vietnam was recently named Digital Bank of the Year by The Asset magazine. Interim Vietnam Citi country officer Lai Minh Thuy shared with VIR’s Phu Canh her views on the digital focus of the bank in recent years and the recent announcement on exiting from the consumer bank business in Vietnam.
mastercard survey reflects asia pacific consumer sentiment for new payment methods

Mastercard survey reflects Asia-Pacific consumer sentiment for new payment methods

As a result of the pandemic, enthusiasm for a broader range of payment technologies has accelerated in the Asia-Pacific region as 94 per cent of people say they will consider using at least one emerging payment method, such as QR codes, digital or mobile wallets, instalment plans, cryptocurrencies, biometrics, and others, in the coming year.
fe credit goes all in on aws to accelerate innovation

FE CREDIT goes all-in on AWS to accelerate innovation

Amazon Web Services, Inc. (AWS), an Amazon.com company, on April 28 announced that FE CREDIT, the largest consumer lender in Vietnam and a subsidiary of VPBank, has gone all-in on AWS, moving the vast majority of its IT infrastructure to the world’s leading cloud to respond faster to the company’s business objectives in market penetration and expansion.
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.
visa survey spots momentum for cashless payments

Visa survey spots momentum for cashless payments

Visa, the world’s leader in digital payments, has released its Consumer Payment Attitudes study in Vietnam that sheds light on how behaviour has changed during the COVID-19 pandemic towards a cashless economy. Dang Tuyet Dung, Visa country manager for Vietnam and Laos shared with VIR’s Thanh Van her insight into the report and the fast-paced change in Vietnam’s digital payment landscape.
interest ramps up in cryptocurrencies

Interest ramps up in cryptocurrencies

Vietnam is a country that has been booming economically for years. It is also open to new ideas and technologies. It is therefore not surprising that Vietnam is now ranked second in the world (out of 74 countries surveyed) in the use of cryptocurrencies. According to Statista - a German company specialising in market and consumer data - 21 per cent of respondents in Vietnam said they had used or owned cryptocurrencies in 2020. Only Nigeria is ahead of Vietnam.