mastercard study digital habits on the rise in southeast asia as new normal approaches

Mastercard study: Digital habits on the rise in Southeast Asia as new normal approaches

The COVID-19 pandemic has driven momentum towards the digital economy in Southeast Asia by necessitating the rapid adoption of e-commerce, home delivery, as well as digital and contactless payments, according to the latest Mastercard Impact Studies.
lively evolution continues through foreign consumer finance presence

Lively evolution continues through foreign consumer finance presence

Despite some legal concerns, international firms are ramping up their presence to reap the benefits from Vietnam’s consumer finance sector.
the significant role of ict in living sustainably

The significant role of ICT in living sustainably

The topic of climate change has become more prevalent in the global debate and awareness of consumers in the world. Denis Brunetti, president of Ericsson Vietnam, Myanmar, Cambodia, and Laos, writes about how ICT can play a significant role in living sustainability. 
criteo vietnamese consumers turn to online shopping amidst covid 19 pandemic

Criteo: Vietnamese consumers turn to online shopping amidst COVID-19 pandemic

Criteo, a global technology company powering the world's marketers with trusted and impactful advertising, recently unveiled the results of its research analysing the impact of COVID-19 pandemic on the e-commerce landscape.    
from retail to finance vietnam all set to rebound with poise

From retail to finance, Vietnam all set to rebound with poise

Vietnam’s early efforts to weather the COVID-19 storm have helped its economy to reopen much sooner than others, with many sectors that have suffered badly from the outbreak – from retail to finance –now recovering with poise.    
thriving pet care services

Thriving pet care services

The role that dogs and cats play in Vietnamese society has changed dramatically in recent years. While many people still regard cats and dogs as guard animals, there is a new generation of increasing consumers who sees them primarily as companions. More and more families and young singles choose to raise a dog or a cat as a companion and even a family member. As a result, pet services have become more diversified and plentiful, especially in large cities.
pandemic shock therapy turns retailers towards omnichannel

Pandemic shock therapy turns retailers towards omnichannel 

The coronavirus pandemic has changed consumer shopping behaviour, prompting retailers to embrace online commerce to keep up with new trends.
online solutions providers gain traction in surging online market

Online solutions providers gain traction in surging online market

With e-commerce surging during the COVID-19 pandemic owing to changing consumer shopping behaviour, solution providers like Sapo and EcomEasy have been making tremendous gains as online shopping rises.
vietnams beer market expects big changes in 2020

Vietnam’s beer market expects big changes in 2020

Vietnam’s beer market is forecast to see big opportunities this year, as the country has always been held great potential for domestic and foreign beer enterprises. Fierce competition is incoming, as more foreign brands are looking to tap the market.
global smartphone sales plunge 20 in pandemic hit quarter

Global smartphone sales plunge 20% in pandemic-hit quarter

WASHINGTON: Global smartphone sales saw their worst-ever slump in the first quarter as the coronavirus pandemic hit consumer spending, a market tracker said Monday (Jun 1).
mm mega market vietnam teams up with saigon professional chefs guild

MM Mega Market Vietnam teams up with Saigon Professional Chefs’ Guild

MM Mega Market Vietnam officially signed with Saigon Professional Chefs’ Guild (SPC) to work together with the common goal of bringing benefits to consumers in term of cuisine knowledge.
cashless payments beginning to gain traction across the country

Cashless payments beginning to gain traction across the country

Visa, the world’s leader in digital payments, recently published the Consumer Payment Attitudes 2019 study, showing a marked drop in cash usage in Vietnam as consumers embrace new ways to pay. Dang Tuyet Dung, country manager for Visa Vietnam and Laos, told VIR’s Thanh Van about the company’s plan to help Vietnam achieve a cashless economy.
may cpi shows slight reduction due to dropping petrol power rice prices

May CPI shows slight reduction due to dropping petrol, power, rice prices

The consumer price index (CPI) in May decreased by 0.03 percent against the previous month and 1.24 percent against last December, but increased by 4.39 percent year-on-year, the General Statistics Office (GSO) reported on May 29.
protecting investors at head of consumer finance concern

Protecting investors at head of consumer finance concern

With the rising market competition continuing to exert pressure on consumer finance’s profitability in Vietnam, industry insiders have urged local authorities to develop a legal framework to avoid fraud and monetary crimes, and protect investors.
pit adjustments to amplify consumer spending

PIT adjustments to amplify consumer spending

The newly adopted personal income tax deduction is aspired to be the trump card for individual taxpayers in local and foreign-invested enterprises.