10-03-2020 15:43
Coca-Cola, PepsiCo, and Procter & Gamble are being sued by a Californian environmental group called Earth Island Institute for creating huge plastic pollution and misleading consumers about the recyclability of plastic.
07-03-2020 11:52
The Ministry of Industry and Trade (MoIT) confirmed that the goods reserves are still plentiful to ensure adequate supply for people.
02-03-2020 16:01
5G will offer businesses a steppingstone to untapped commercial opportunities. In this trend, a number of technology giants are making new moves to tap into the opportunities. Nam Thieu, country manager of Qualcomm Vietnam, Laos, and Cambodia, discussed with VIR’s Bich Thuy the group’s future strategies in Vietnam to support the country on its digital transformation path.
28-02-2020 10:00
Amid the current coronavirus epidemic, the fast-moving consumer goods and e-commerce sectors have experienced a tumultuous period.
24-02-2020 17:36
The COVID-19 outbreak has cost 54 points in the 2020 Vietnam Consumer Confidence, foreshadowing huge downturns in many domestic sectors.
24-02-2020 17:07
The outbreak of the COVID-19 has caused some irrational fear and misconceptions concerning the magnitude and severity of the public health emergency. As of February 23, 2020, the coronavirus (COVID-19) has infected a total of 78,771 people and caused 2,462 deaths across 31 countries and territories, which makes a fatality rate of 3.1 per cent. The fact that there is no official cure for the virus, and that it has proven to be highly contagious, has added to the widespread panic in Asia, including Vietnam. The virus has led us to significant price hikes in consumer goods, notably face masks.
22-02-2020 08:38
Though still positive, the Vietnamese business community has a more negative outlook for the year ahead. Around 84 per cent noted business being negatively impacted by the coronavirus with an estimated reduction of 13.5 per cent in revenue in 2020, according to the first Business and Consumer Confidence Index Post Coronavirus Outbreakreleased by Infocus Mekong Research.
20-02-2020 11:20
Masan HPC Co., Ltd. (Masan HPC) has successfully acquired 52 per cent of the shares in Net Detergent JSC at an average price of VND48,000 ($2.08) per share, implying a full valuation of $46 million and a price to earnings multiple of 13x.
01-02-2020 09:18
Oil prices have fallen victim to economic worries sparked by a deadly virus spreading from China, the world's second-biggest economy and a huge consumer of crude.
20-01-2020 11:27
A new study has found that the majority of Vietnamese cardholders is interested in using biometric authentication methods such as fingerprints or facial recognition to complete transactions, rather than the traditional PIN method or passwords.
14-01-2020 14:00
Japanese fashion brands are swooping into Vietnam as local consumers become more brand-sensitive as they grow prosperous.
05-01-2020 12:43
Car giant Volkswagen said Thursday it would open talks on a possible settlement in a mass lawsuit brought by hundreds of thousands of German diesel car owners over emissions cheating.
04-01-2020 10:00
The goal of keeping inflation below four per cent in 2020 would depend heavily on pork prices, heard a conference co-organised by the Academy of Finance and the Department of Price Management under the Ministry of Finance on Friday in Ha Noi.
02-01-2020 08:25
After a successful 2019, international technology giants are eyeing Vietnam’s consumer market for the next year as the country’s rapid digital transformation offers bright prospects on the back of a new legal framework and an ever-growing demand for innovative technologies. Bich Thuy reports.
31-12-2019 09:26
Lotte Finance made its first foray into Vietnam’s consumer finance market a year ago, and to mark the meaningful occasion, Kim Jong Geuk, CEO of Lotte Finance Vietnam, talked with VIR’s Ngan Ha about the country’s financial market, the company’s achievements over the past year, and outlines what it will do to bring wealth and value to consumers.