16-09-2016

From time to time, technology comes up with something new to remind us of how convenient our lives have become. The birth of Uber, a social sharing platform that connects passengers and drivers, is a worthy example of such reminder. Cut out all the details, Uber allows people to travel around in cars not theirs with only smartphones as companions. The idea alone sounds so fantastic that Uber’s dazzling development seems virtually inevitable. The same goes for Grab and DiDi Chuxing – Uber’s greatest followers and also competitors. Uber is operating in 488 cities in the world, Grab is becoming a major force in 650-million-people South East Asia, and DiDi Chuxing has just acquired the very Uber’s China in a $35 billion deal in 2016. Read More “Who will be the final champion? Battle between Taxi companies and Car sharing apps”

31-05-2016

The demand among Vietnamese medical service market is increasing in the context of a developing economy and an aging society. Read More “Will the expansion of medical service market result in the development of private sector?”

Read More “Demand for coffee increasing with the expansion of coffee chains”

08-01-2016

Despite facing with various challenges, the demand for pay TV services in Vietnam continues to grow steadily under the context of rising population and income levels. Read More “PayTV market growth under intensive price competition and copyright infringement issues”

13-10-2015

As reported by GfK, Vietnamese sales revenue of smart phones in 2014 reached 6 million units, bringing Vietnam to the third largest market among 7 Southeast Asian countries. Following the rapid spread of smart phones, online activities accordingly have witnessed many changes. According to the survey conducted by the Vietnam E-Commerce and Information Technology Agency (VECITA), in 2014, web traffic from desktop PCs fell from 84% (2010) to 33%, while traffic from mobile devices sharply increased from 27% up to 65%. In addition, 58% of the respondents say they have ever made online purchases, of which 13% purchases are made through mobile applications, doubling when compared to the previous year.

Read More “Rapid spread of mobile device accelerated the expansion of mobile marketing”

Read More “What will happen to the fast food market when occupied by two major chains?”

14-07-2015

According to Vietnam Association of Functional Food (VAFF), Vietnam functional food market reached 650 million USD, ranked 3^rd in the ASEAN market. The y-o-y average growth rate of the market is expected to be 20% in the next 10 years. Due to the easy procedures for registration and import, in 2013, the market has nearly 7,000 types of products doubling from 2011, the number of players in the industry also doubled from 2012 to 3,500 companies.

Read More “The advantages of foreign brand products in Vietnam functional food market (May 2015)”

Read More “Renewable energy, barrier to economic development (Apr 2015)”

28-03-2015

It is more and more popular to have canned food on the dining table. Though the market size of canned food in 2014 remained small with only 670 billion VND (equivalent to 32 million USD), but the growth rate increased by 12.2% compared to the previous year and even higher than the 7.3% growth rate of the entire food industry. Read More “Number of canned food factories with foreign investment on the rise (March 2015)”

26-02-2015

In Vietnam, there are about 600 coating manufacturers, among which, there are a total of 30 foreign-invested companies accounting for 65% of the market share, such as Akzo Nobel (Dutch company with biggest share in the global market), PPG Coatings (US corporate with second biggest global market share), Kansai Paint and Nippon Paint (Japanese companies with 9^th and 12^th global market share), Jotun (Norwich), Hempel (Danish). Read More “Coating market – demand for industrial coating on the rise”