News

15 Feb
Solar Energy Dawns on Vietnam

6th Feb 2017

“100,000 sets installed, 30-40% of which are in HCMC”

Vietnamese households are going green with the help of solar energy. The government has a plan to increase the percentage of households using solar-powered applications from 4.3% in 2015 to 12% by 2020 and 36% by 2030.
The applications include 2 main categories: thermal application and electrical application.
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Thermal application primarily goes under the form of solar water heater (SWH).

This is the most developed branch of domestic solar use in Vietnam, as reportedly around 100,000 sets are installed all over the country per year, 30 – 40% of which are located in Ho Chi Minh City.

Read More “Solar Energy Dawns on Vietnam”

15 Dec
Fintech industry in Vietnam – 11.3billion USD Market in 2020

” 5.3 Billion US Dollar in Vietnam “

‘Fintech’ basically means using ‘technologies’ to do ‘financial activities’. The fintech ecosystem includes computer programs, mobile applications, or any other type of digital solutions, and of course the people who make such relationship between finance and technology possible (start-ups, investors, consumers, etc.) Read More “Fintech industry in Vietnam – 11.3billion USD Market in 2020”

15 Oct
Baby care product in Vietnam

“6.15 Million 0-3 years old babies”

Asia-Pacific has been a major market for baby care products. In 2015, the region accounted for 49% value sales of baby food globally ($14.7bn/$30bn), and 23% value sales of diapers globally ($6.7bn/$29bn).
Read More “Baby care product in Vietnam”

15 Sep
Who will be the final champion? Battle between Taxi companies and Car sharing apps

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”

15 Feb
Demand for coffee increasing with the expansion of coffee chains

14-02-2016

Vietnam is the second largest coffee-exporting country (following Brazil) with its export value reached 1.65 million tons in 2014 (accounting for 14% of world’s coffee export value).

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

15 Jan
PayTV market growth under intensive price competition and copyright infringement issues

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”

15 Oct
Rapid spread of mobile device accelerated the expansion of mobile marketing

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”

15 Sep
What will happen to the fast food market when occupied by two major chains?

11-09-2015

According to Ministry of Industry and Trade’ report, annual food expense by Vietnamese has increased by 5.1% on average and is expected to reach 29.5 billion dollars (300 dollars per capita) in 2016. A survey by Canvassco on how often Vietnamese dine out in 2014 demonstrated 40% saying that they dine out everyday, 37% once a week and 13% once a month. The food service industry has become more and more competitive as Vietnamese consumption keeps increasing. Above all, fast food market draw more attention as it earned up to 1.35 trillion VND in 2014 and its CAGR is reaching 15~20% per year.

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

15 May
The advantages of foreign brand products in Vietnam functional food market (May 2015)

14-07-2015

According to Vietnam Association of Functional Food (VAFF), Vietnam functional food market reached 650 million USD, ranked 3rd 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)”

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