December 3, 2011
An image of the Javan Rhino that is believed to extinct in Vietnam. A traveling exhibition to raise awareness of wildlife protection was launched in Ho Chi Minh City on Saturday, targeting 40 secondary schools with more than 20,000 students and teachers in the city. The “SOS traveling exhibition – Education on wildlife product consumption” [...]
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September 10, 2011
Vinacafe Bien Hoa Joint-Stock Co., a unit of Vietnam’s second-biggest coffee exporter, said it received a VND1.07 trillion (US$51 million) takeover bid from Masan Group Corp. as it targets increased consumer spending. Masan Consumer Corp., a subsidiary of Masan Group and partly owned by KKR & Co., plans to buy 13.32 million Vinacafe shares [...]
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August 16, 2011
One-hundred Yuan notes are seen in this picture illustration in Beijing March 22, 2011. China’s long-term plan to cut reliance on investment as a growth engine is clashing with its short-term need for protection against a worsening global outlook. Beijing has made it clear that consumption, not investment, must eventually do more of the work [...]
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June 19, 2011
No headway can be made against drinking and driving if punitive measures are not meted out strictly and obviously Vu The Bang, 65, of Binh Phuoc Province’s Dong Phu District crashed into a parking truck in drunk condition and was killed on the spot in an accident last June. The government is discussing a [...]
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Posted in Reports | Comments Off
June 1, 2011
Breweries savor the market fizz A promo model at a booth set up by local beer maker Sabeco at a beverage fair in Hanoi. With its 86 million population, tropical climate and beer-lovers, Vietnam is a booming beer market. If one was asked to single out one industry with a great growth potential in [...]
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May 7, 2011
Asian Development Bank (ADB) President Haruhiko Kuroda speaks at the opening ceremony of the 44th annual meeting of ADB in Hanoi May 5, 2011. Asian Development Bank President Haruhiko Kuroda said developing Asia is behind Latin America in boosting consumption and urged policy makers to take steps to reduce precautionary household savings. “The region needs [...]
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November 27, 2010
Bile bear extracted from the gall bladder of a bear at a farm in northern Vietnam All the dramatic exposés and denouncements about the production and consumption of bear bile have done nothing to shake the popular belief that it is a medicinal panacea, a survey has found. Conservationists have called for Vietnam to strengthen [...]
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January 22, 2010
Hanoi’s CPI up 1.30 percent in January; Guidelines on consumption tax for alcohol products; Officials eye Senegal as promising export market Hanoi’s consumer price index (CPI) in January rose 1.30 percent over the previous month, the city’s Statistics Office reported. The index was up 7.96 percent over the same period last year. Ten of the [...]
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Posted in Business, News | Comments Off
January 9, 2010
A young woman at a jewelry shop where people can also exchange money on a street in Hanoi What is the impact of a declining dollar? Has the economic crisis really come to an end? Can we expect a new global economic order? Thanh Nien Weekly asks Jonathan Larsen, head of Consumer Banking and Global [...]
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Posted in News | Comments Off
January 2, 2010
TNS Vietnam, Kantar Worldpanel and Kantar Media have identified several key trends that will influence consumerism in 2010. One year ago, Vietnam was marred in its first recession in modern history and the prospects of the average consumer were looking bleak. Twelve months later, it appears that Vietnamese consumers seem to have weathered “the perfect [...]
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