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Vietnamese households to spend more on food

The average Vietnamese household will spend 20.8 per cent of their total household budget on food in 2025, marginally increasing from 20.1 per cent in 2005, according to global financial services provider Fitch Solutions. “Over the 2005-25 period, we note that food spending will grow by an annual average of 13.6 per cent, compared to […]

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Vietnam to issue a tax decree on cross-border e-commerce

Vietnam intends to issue a new decree to regulate cross-border e-commerce deliveries amidst the e-commerce boom. The Vietnam E-Business Index (EBI) report by the Vietnam E-commerce Association reveals that Vietnam’s e-commerce market posted an average annual growth rate of 25-30 per cent over the past five years. If Vietnam maintains this growth rate, the market […]

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Food prices in Vietnam the cheapest in Southeast Asia

According to a report by iPrice, grocery prices in Vietnam are among the cheapest in Southeast Asia after comparing prices for groceries in Southeast Asia from Numbeo. Items were broken down by category and weight, such as starchy foods (bread, rice); eggs, milk, cheese; meat (chicken, beef); fruits and vegetables; water; alcohol, beer and tobacco. […]

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