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

A Mastercard study shows that COVID-19 has boosted Southeast Asia's digital economy by driving the adoption of e-commerce, home delivery, and non-cash payments.
Consumers risk higher defaults amid lending sector fluctuation

Consumers risk higher defaults amid lending sector fluctuation

Vietnam’s lending sector appears increasingly susceptible to the boom and bust of the global health crisis, with an uptick in sour loans fanning fears that it would dig into the growth of the whole market.
Well-stocked retailers comfort concerned consumers

Well-stocked retailers comfort concerned consumers

Social distancing has spurred high demand for essential commodities, but panic buying has not taken off in Vietnam thanks to readiness of retailers that nevertheless are experiencing a drop in revenues.
Homevisit service app Jio Health awarded by Vietnam Economic Times

Homevisit service app Jio Health awarded by Vietnam Economic Times

Jio Health was honoured at the ceremony of Top 100 Products – Service Tin & Dung 2019 taking place in the afternoon of November 15 in Ho Chi Minh City.
Impacts of the sharing economy

Impacts of the sharing economy

The sharing economy has brought countless benefits to the market, economy, consumers, as well as governments which set down the path of implementation.
5G is here and is set to grow faster than any other ‘G’

5G is here and is set to grow faster than any other ‘G’

Digital transformation is an inevitable trend in developing and developed countries alike. 5G networks are going live in many markets and it promises to deliver significant socio-economic benefits. Denis Brunetti, President of Ericsson Vietnam and Myanmar
PwC releases latest survey on consumer behaviour

PwC releases latest survey on consumer behaviour

The latest survey by PwC shows a ramp up in consumer preference to avail of digital technology prowess to feed their daily needs.
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.
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