VN consumers spend less on FMCG

VN consumers spend less on FMCG

Vietnamese customers’ rapidly changing needs and expectations and lower spending on fast moving consumer goods are the biggest challenges to FMCG producers, according to a new report released by consumer and retail research company Kantar Worldpanel.
Information asymmetry and lack of knowledge hampers consumer finance

Information asymmetry and lack of knowledge hampers consumer finance

As consumer finance is gaining traction, the lack of financial knowledge and the inability to track debtors are increasing risks and cause unnecessary hassle.
Apple apologises after China criticism

Apple apologises after China criticism

Apple chief executive Tim Cook apologises to Chinese consumers after the US technology giant was subjected to criticism in state-run media over alleged "arrogance" and double standards.
Advertising revenues rise despite economic slump

Advertising revenues rise despite economic slump

Although the economy is facing a slump, advertising revenues in 2012 posted a growth rate of 30 per cent compared to the previous year.
LG first to launch next Google TV update

LG first to launch next Google TV update

LG Electronics (LG) is the first manufacturer to offer its consumers the newest version of Google TV.
Amway raises the bar for excellence

Amway raises the bar for excellence

Amway Vietnam has recently received ISO 14001:2004 and OHSAS 18001:2007 certificates from British Standards Institution (BSI) for its manufacturing plant located in southern Dong Nai province’s Amata Industrial Park. Amway Vietnam’s general director How Kam Chiong told VIR’s Linh Mai about the significance of this certificate for Amway Vietnam’s sustainable growth in the country.
Vietnam - a competitive market for infant formula products

Vietnam - a competitive market for infant formula products

On October 17, the Central Institute of Economic Management (CIEM) officially released a research study on the Competitive Landscape of the Market for Infant Formula Products for children between 0-12 months in Vietnam during 2009-2011, undertaken by the Consumer Unity & Trust Society (CUTS International).
Banks offered golden opportunity

Banks offered golden opportunity 1

As economic concerns continue to prompt Vietnamese consumers to struggle to save money, banks have great opportunity to attract new users, writes Vaughan Ryan, Nielsen Vietnam’s managing director.
LG launches knowhowmovies on smart tv's

LG launches knowhowmovies on smart tv's

LG Electronics (LG) today announces its 2012 Smart TVs are the first to launch Dixons Retail’s KNOWHOW MOVIES service, bolstering its already strong on demand movie service.
Taiwan Excellence enters its third year in Vietnam

Taiwan Excellence enters its third year in Vietnam

Taiwan Excellence 2012 – the campaign aimed at boosting the reputation of Taiwan and its dynamic industries is officially launched yesterday in Hanoi, marking its third year in Vietnam.
New high-income consumers emerge in Vietnam: survey

New high-income consumers emerge in Vietnam: survey 1

While low-income consumers still consider product prices the most important factor in their spending, a new class of consumers who can spend up to $4,800 each time they shop has emerged in Vietnam, a recent survey has found.
Christmas belt-tightening in crisis-hit Europe

Christmas belt-tightening in crisis-hit Europe

Europeans are tightening their belts and spending less on Christmas gifts this year as they struggle with incomes hit by austerity measures or fear the economy could worsen in 2012.
Microsoft Consumer Action Day 2011: Play Fair for a better growth

Microsoft Consumer Action Day 2011: Play Fair for a better growth

Today, Microsoft held an annual event, Play Fair Day, to call attention to the problem of software counterfeiting around the globe to highlight new technologies to stop counterfeiting, educational activities and resources to help consumers protect themselves.
Luxury brands struggle to find their voice

Luxury brands struggle to find their voice

An emerging wealthy class with sufficient disposable income was enough to attract international luxury brands and premium shopping malls  sprouting up throughout key cities in Vietnam, all vying for a piece of the golden pie.
Buyers now shop for value

Buyers now shop for value

Vietnamese consumers, compared to other Asian shoppers, are more inclined to seek promotions as inflation causes more people to become price-sensitive, according to the latest edition of the Nielsen Shopper Trends Study released on July 5.
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