Local sources several years ago reported that a large foreign corporation had completed negotiations to buy Sunhouse, a Vietnamese kitchenware brand, at the price of $250 million. However, at the last minute, the owner of Sunhouse changed his mind. The deal was cancelled with no legal dispute because of a mistake made by the foreign […]
Read MoreE-commerce websites will be given ratings to increase customers’ trust in purchasing and payment activities in the online environment. This is one of the solutions the Vietnam e-Commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade (MoIT) has proposed to promote the development of the e-commerce market in 2021-25. According to the ministry […]
Read MoreCambodia, Laos and Vietnam (CLV) on March 10 reaffirmed their commitment to boost border trade and investment with a specific focus on the construction of border markets and to improve customs clearance procedures. The pledge was made during a virtual discussion between Cambodian Prime Minister Hun Sen and his Vietnamese and Lao counterparts Nguyen Xuan […]
Read MoreThree companies are dominating the consumer lending market in Vietnam, with FE Credit, HD Saison and Home Credit firmly on top. According to the State Bank of Vietnam (SBV) 16 finance companies are licensed to provide consumer lending with their total charter capital worth more than VND22 trillion (US$948 million) as of the end of 2020. […]
Read MoreThe Hanoitimes – The minister urged greater efforts from businesses in combating violations against customers’ rights. Ahead of the Vietnamese Consumers Rights Day on March 15 themed “Responsible businesses, sustainable consumption in a new normal”, Minister of Industry and Trade Tran Tuan Anh has called for active response from the business community to better realize customer […]
Read MoreBig C, Metro, Tran Anh and Vien Thong A, once powerful retail giants, have disappeared after takeover deals. Central Retail Group has renamed seven Big C supermarkets to Tops Market and 5 Big C hypermarkets to GO! in its brand repositioning plan. Other Big C hypermarkets, one after another, wi also be repositioned and renamed […]
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Thailand
