Services & Trade
This category includes the service sector, retail, logistics, finance, e-commerce, and tourism, alongside trade policy and investment trends. It covers import/export dynamics, banking regulations, stock market movements, and infrastructure development. With increasing integration into regional and global trade, this section provides insights into consumer behavior, foreign investment, and evolving service industries.
Tourism: Club Med’s Vietnam sales surge 32 percent in 2024 on ski, luxury travel demand
Club Med’s total sales from Vietnam rose 32 percent year-on-year, driven by rising demand for ski and upscale all-inclusive holidays, the company has said in a press release. Hokkaido resorts accounted for 56 percent of bookings from Vietnam for ski travel in 2024, followed by strong sales to Maldives and Bali.
Food & beverage: Vietnam industry revenue down 10.1 percent in Q1: FiinGroup
Vietnam’s F&B industry revenue fell 10.1 percent quarter-on-quarter, largely driven by a 15.4 percent drop in domestic sales after Tet, according to a report from FiinGroup. Export momentum was stronger, with F&B exports up 13.1 percent year-on-year.
Vietnam Market Wrap: VN-Index edges down 0.20 percent as foreign investors remain net sellers
Vietnam’s VN-Index slipped 0.20 percent to close at 1,349.35 on 20 June, with total trading value at VND 22,259.36 billion. Foreign investors posted net selling of VND 573 billion for the session.
Vietnam Market Wrap: VN-Index rises 0.39 percent as foreign investors net sell US$34 million
The VN-Index gained 5.21 points to close at 1,352.04 on June 19, up 0.39 percent for the day. Total trading value reached VND 18,731.53 billion, or about US$720 million.
Vietnam Market Wrap: VN-Index slips 0.06 percent as foreign trading turns net negative
The VN-Index edged down 0.86 points, or 0.06 percent, to close at 1,346.83 on Wednesday, with total trading value reaching VND 20,283.37 billion, or approximately US$780.13 million. Sentiment was cautious as key stocks saw mixed performance.
Tax: Vietnam extends 8 percent VAT cut through end-2026
Vietnam’s National Assembly has approved a reduction in the value-added tax (VAT) rate from 10 percent to 8 percent for most goods and services, effective from July 1, 2025 to December 31, 2026, in a move aimed at stimulating economic activity, The Investor has reported.
Real estate: Trump family to net US$5 million from Vietnam licensing deal
A Trump branded resort and golf course project in northern Vietnam is reportedly set to new the Trump family US$5 million, with US$4 million paid already, according to a disclosure to the US Office of Government Ethics.
Vietnam Market Wrap: VN-Index rises 9.58 points as foreign investors return to net buying
The VN-Index closed at 1,347.69 on 17 June 2025, up 9.58 points or 0.72 percent. Total trading value reached VND 20,913.38 billion (approximately US$804 million).
Intellectual property: Vietnam counterfeit crackdown uncoveres 3,100+ violations
Vietnam’s nationwide crackdown on counterfeit goods uncovered 3,114 violations worth more than VND 63 billion (US$2.42 million) between May 15 and June 15, according to the Ministry of Industry and Trade, and reported by VN Express. The campaign involved 3,891 inspections across the country.
Furniture: Vietnam’s home furniture market to reach US$687.77 million by 2030: Report
Vietnam’s home furniture market is projected to grow from US$429.58 million in 2025 to US$687.77 million by 2030, achieving a compound annual growth rate (CAGR) of 9.87 percent, according to a report from Mordor Intelligence→view source.
Vietnam Market Wrap: VN-Index rises 22.62 points as foreign investors return to net buying
The VN-Index closed at 1,338.11 on 16 June 2025, gaining 22.62 points or 1.72 percent, with total market trading value reaching VND 21,040.87 billion (approximately US$809 million). Investor sentiment was broadly positive across sectors, lifting the index to its highest close in weeks.
Banking & finance: Vietnam records 5.5 billion cashless transactions in Q1 2025
Vietnam’s recorded 5.5 billion cashless transactions in Q1 2025 with 82 percent via digital channels, according to Nguyen Hung Nguyen, Deputy General Director of Vietnam National Payment Joint Stock Company (NAPAS) and reported by VN Express.
Real estate: Collateral to fund Vietnam’s Trump-branded resort to include factories, land, and cars
Kinh Bac City Development Holding Corporation (KBC) is making a bold financial play to support a high-profile Trump-branded complex in Hung Yen. The firm is seeking shareholder approval to unlock funding using a wide range of collateral, including land, factories, subsidiary shares—and even a luxury Lexus, Dan Viet has reported
Vietnam Market Wrap: Vietnam stock market dips as foreign investors turn net sellers
The VN-Index closed at 1,315.49 on June 13, falling 7.50 points or 0.57 percent, as selling pressure dominated across key sectors. Total trading value reached VND 27,143.98 billion or approximately US$1.04 billion.
Tax: New decree requires e-commerce platforms collect tax for Vietnam sellers
Decree 117/2025/NĐ-CP has officially been issued, introducing stricter tax compliance obligations for e-commerce platforms, including requiring platforms to collect tax on behalf of their Vietnamese sellers.
Banking and finance: Vietnam corporate bond issues top US$1.8 billion in May
Vietnam’s corporate bond market showed signs of renewed activity in May, with VND 46.77 trillion (US$1.80 billion) worth of private placements across 42 deals, according to data from the Vietnam Bond Market Association (VBMA) as of May 31.
Vietnam Market Wrap: VN-Index rises as foreign funds return to net buying
The VN-Index edged up 7.79 points to close at 1,322.99 on Wednesday, marking a 0.59 percent gain as investor sentiment improved. Total trading value on the HOSE reached VND 19.8 trillion, or approximately US$761.5 million, up strongly from the previous session.
Aviation: Vietnam Airlines signs US$1.5 billion financing MOU with ING
Vietnam Airlines has signed a Memorandum of Understanding with ING Bank to arrange up to US$1.5 billion in funding, according to a company announcement on June 11. The signing took place in Paris during the Vietnam–France Business Forum and was witnessed by Vietnam’s Prime Minister Pham Minh Chinh.
Vietnam Market Wrap: VN-Index slips slightly as foreign investors return to net selling
The VN-Index closed at 1,315.20, down 1.03 points or 0.08 percent, on total trading value of VND 14.47 trillion (around US$556.63 million). The session showed modest declines across key sectors, with weak momentum limiting upside potential.
Education: Vietnam’s English centre chain owes US$2.38 million in delayed social insurance payments
Apax Leaders, the once-prominent English centre chain linked to embattled businessman Nguyen Ngoc Thuy, has accrued nearly VND 62 billion or US$2.38 million in unpaid social insurance obligations, in Hanoi, VN Express has reported→view source.
In today’s Vietnam news: Facebook account theft ring shut down, Minimum wage to rise from Jan 1, Nuclear power project reorganisation proposed, No jail
In today’s Vietnam news: Research prosecution exemption, Fuel retailer losses, Semiconductor degree requirements, Eurocham BCI, Government bond auction Wednesday, Australia tourist visa problems, Coffee
In today’s Vietnam news: Accor-Sun Group agreement, US largest ethanol supplier, Demographic dividend to end 3 years early, Maritime economy development, ACV looking to
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
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This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It