changing trends in alcoholic beverage consumption in vietnam

Changing trends in alcoholic beverage consumption in Vietnam

Vietnamese consumers are increasingly favouring drinks brands that prioritise health and environmental sustainability.
sudden increase in special consumption tax fails to change consumer behaviour

Sudden increase in special consumption tax fails to change consumer behaviour

At a conference themed, “Tax Amendments to Promote Business Activities” hosted by VIR on August 14, Nguyen Van Phung, former director of the Department of Tax Administration at Large Enterprises, argued that abrupt tax increases do not alter consumer behaviour, suggesting a need to combine tax measures with administrative approaches.
ai integrated products leading the trend in education

AI-integrated products leading the trend in education

The 2024 Vietnam Edtech White Paper has forecast a significant rise in AI-integrated consumer products in the education sector over the coming years, with a special focus on language acquisition.
consumers and dealer concerned about future of evs

Consumers and dealer concerned about future of EVs

On July 31, KPMG in Vietnam, in collaboration with EuroCham and Cho Tot Xe, held an event for the launch of the report "Driven by Voltage: Navigating the electric vehicle landscape."
the aspects behind finance and banking in vietnam today

The aspects behind finance and banking in Vietnam today

Pramoth Rajendran, head of Wealth and Personal Banking at HSBC Vietnam, scrutinises credit situation, the factors behind and solutions in Vietnam’s current finance-banking scene, weighing on Vietnam’s growth prospects in 2024 and HSBC’s recent efforts to best serve its customers.
hanois consumer price index up 551 pc in seven months

Hanoi’s consumer price index up 5.51 pc in seven months

Hanoi’s Consumer Price Index (CPI) in the January – July period rose 5.51 per cent from the same time last year, according to the city’s statistics office.
masan consumer shares sensory science insight at spise 2024

Masan Consumer shares sensory science insight at SPISE 2024

On July 27, Masan Consumer presented at SPISE 2024, sharing insights in sensory and consumer science.
hpcs plastic containers and pallets 30 years of proud development

HPC’s plastic containers and pallets: 30 years of proud development

Present in the market for nearly three decades, a wide variety of plastic containers and pallets produced by Hanoi Plastics JSC (HPC) have won over consumers by dint of their superior quality and timeless durability.
vietnamese spend nearly 150 trillion vnd on online shopping

Vietnamese spend nearly 150 trillion VND on online shopping

Vietnamese consumers spent 143.9 trillion (5.68 billion USD) buying 1.53 million items on five e-commerce platforms in the first half of this year, representing a rise of 54.91 per cent and 65.55 per cent over the same period last year, respectively, according market analysis firm Metric.
visa report shows top scams impacting consumers and businesses globally

Visa report shows top scams impacting consumers and businesses globally

Visa released the spring 2024 edition of its Biannual Threats Report on July 24, outlining the top payment threats to consumers and businesses around the world.
likely scenarios on taxation for sugary beverages

Likely scenarios on taxation for sugary beverages

In addition to amendments concerning several goods, services subject to special consumption tax (SCT) such as cigars, alcohol, cars with fewer than 24 seats, among others, the draft law on SCT amended has included beverages with sugar content exceeding 5g/100ml, according to Vietnamese standards (TCVN), into the list of SCT-able items. This aligns with guidelines from the Party and government, as well as recommendations from the World Health Organization on consumer health protection.
morinaga zero fat drink yogurt launches in vietnam

Morinaga Zero Fat Drink Yogurt launches in Vietnam

According to Euromonitor International forecasts for 2023, the drinking yogurt market in Vietnam is expected to grow at a compound annual growth rate of about 10-12 per cent from 2023 to 2028.
samsung showcases ai despite strike woes

Samsung showcases AI despite strike woes

Despite an unprecedented strike at home in South Korea, Samsung Wednesday showcased the deployment of artificial intelligence (AI) across a range of its consumer electronic products as it looks to extend its leadership in global smartphone sales.
hanois cpi in h1 rises by over 5 per cent

Hanoi's CPI in H1 rises by over 5 per cent

The Consumer Price Index (CPI) in Hanoi increased by over 5 per cent in the first six months of the year compared to the same period in 2023.
luxcase to increase its investment in nghe an

Luxcase to increase its investment in Nghe An

Luxcase Precision Technology (Vietnam) Co., Ltd., owned by consumer electronics manufacturer Casetek Singapore Pte. Ltd., is to invest an additional $150 million in its metal component facility in the central province of Nghe An.