Grab has announced a strategy on developing an ecosystem of services, from ride-hailing services and food ordering to lending. However, with the expansion strategy, it will have more rivals than ever.
The Ministry of Finance is proposing the levy of a special consumption tax of 10-20 per cent on sugary drinks to combat obesity rates, though a similar proposal was rejected by the government three years ago. VIR’s Van Thu offers insight into the hot debate surrounding the new proposal.
The Phu Quoc Fish Sauce Association received a decision from the People's Committee of Kien Giang province on August 18th in recognition of Phu Quoc fish sauce as a traditional craft. In addition, the fish sauce making village on Phu Quoc Island has been recognised as a traditional craft village.
(VNF) - Vietnam’s main fruit import market is Thailand, which accounts for 57% market share; followed by China with nearly 17%.
(VNF) - The changing shopping habits of consumers has made retailers in Singapore - the shopping paradise struggling more than ever.
Brewers and pubs are thriving thanks to Vietnamese wine and beer consumption.
With favourable climatic conditions endowed by nature, Ca Mau has led the Mekong Delta provinces in shrimp production. Currently, nearly 300,000ha in the province are dedicated to shrimp production, with a turnover of nearly 150,000 tons and an export value of nearly US$1 billion.
(VNF) - The High Quality Vietnamese Product Business Association, for the first time led a business delegation that will participate in the 2017 ASEAN-India Expo and Forum held in Bangkok from August 2-5.
Vietnamese firms have won deals to supply 175,000 tons of rice to the Philippines at a tender on July 25, according to the Vietnam Food Association (VFA).
Vietnam has shipped footwear products to nearly 100 countries worldwide, with 72 of them buying at least USD 1 million of the products, reported the Vietnam Leather and Footwear Association (LEFASO).
The food court model, popular in Singapore, Hong Kong and Thailand, is thriving in Vietnam. While many food service chains huddle together in central business districts and pay high retail rent, some new food service models are moving to the suburbs.
Vietnam’s export turnover is likely to hit 195 billion USD this year, up 10-11 percent compared with 2016 and 6-7 percent higher than the target set by the Prime Minister, according to the Ministry of Industry and Trade (MoIT)’s Export-Import Department.
Thailand became the leading supplier of fruit for Vietnam with US$376 million, making up more than half of Vietnam’s market share of fruit imports of US$507 million during the first half of this year, according to the Ministry of Agriculture and Rural Development.
China remains a traditional and important market for Vietnamese lychees, according to the Bac Giang provincial Department of Industry and Trade.
Though demand for low-cost cars in Vietnam is high, low-cost car manufacturers have failed to enter the market.
Vietnam is among the top three most expensive countries to sip a Starbucks, compared to the U.S. coffeehouse chain’s home country, a survey finds.
Viet Nam imported nearly 4,800 Indian cars in the first quarter of this year, increasing more than threefold compared with the same period last year, according to the Vietnam Customs.