Vietnam’s retail revenue has increased tenfold over the past decade, but its share of the total market lags behind its neighbors, according to an industry expert.   A Saigon Co.op supermarket in Ho Chi Minh City. Photo: Quang Dinh / Tuoi Tre  The comment was made by Nguyen Anh Duc, chairman of the Vietnam Retailers […]

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Gói hỗ trợ lãi suất 2% dành cho doanh nghiệp có khả năng phục hồi, trả được nợ, chứ không phải tất cả đơn vị khó khăn, theo Thống đốc Nguyễn Thị Hồng. Nội dung này được Thống đốc Ngân hàng Nhà nước Nguyễn Thị Hồng nêu chiều 25/5, khi giải trình trước Quốc hội […]

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As Vietnam tackles the challenges of developing a carbon market, it remains cognizant of the finite nature of carbon credits, emphasizing the need for sustainable strategies in emission reduction and green transformation. Paddy fields in Ninh Quoi A Commune, Hong Dan District, Bac Lieu Province, southern Vietnam. Photo: Quang Dinh / Tuoi Tre The country’s […]

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Vietnam’s import of mobile phones and components reached over $3 billion during the first quarter of 2024, according to data from the General Department of Vietnam Customs.   An iPhone 14 Pro Max. Photo by Tran Hiep  The country imported more than 3.07 billion worth of mobile phones and components in the period, a 22.4% […]

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U.S. company Apple had Southeast Asia’s highest number of suppliers in Vietnam last year and fourth highest globally. There were 35 suppliers as of the 2023 financial year (which ended on Sep. 30), according to the Supplier List announced by Apple recently. In Southeast Asia, Thailand (24 suppliers), Malaysia (19) and the Philippines (17) followed […]

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Vietnam suffered nearly 26 million password attacks aimed at users and businesses last year, the highest in Southeast Asia, according to cybersecurity firm Kaspersky. It accounted for over 40% of all brute force attacks recorded and neutralized in the region, the company said in a report.   A brute force attack is a hacking method […]

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The U.S. dollar rose slightly against the Vietnamese dong on the black market Saturday morning.   An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung  Unofficial exchange points sold the greenback 0.12% higher at VND25,770. Vietcombank kept its rate stable at VND25,477.   The State Bank of […]

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U.S. company Apple had Southeast Asia’s highest number of suppliers in Vietnam last year and fourth highest globally. There were 35 suppliers as of the 2023 financial year (which ended on Sep. 30), according to the Supplier List announced by Apple recently. In Southeast Asia, Thailand (24 suppliers), Malaysia (19) and the Philippines (17) followed […]

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The Vietnamese government will provide cash support for large FDI enterprises and domestic firms leading key economic sectors in the country during the 2024 fiscal year. The government offered the support in a draft decree on the establishment, management, and use of investment support funds which will be issued next month to respond to the Organization […]

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Financial institutions, fintech firms, payment facilitators, and merchants showcased their best practices and thought leadership, including their discussions about emerging digital payment trends in Vietnam, at a recent forum.   A panel discussion on the future of payments in Vietnam  The forum, titled ‘Open Payments Forum’ and hosted by Visa last week, explored the future […]

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