Vietnam
How Vietnam's Tax Debt Lists Work, Starting With Wu's Tea
Wu's Tea's Vietnamese operator landed on Ho Chi Minh City's tax debt list. Here is what these lists are, who gets on them and what happens next.
Business
Vietnam
Ground-Off Serial Numbers and Fresh Certificates: The Diamond Smuggling Case That Sent Vietnam's Biggest Jeweler to a Five-Year Low
PNJ's own certification lab is accused of grinding off GIA serial numbers and re-certifying smuggled diamonds, sending the company's stock to a five-year low.
Vietnam
Refusing to Fight Grab: How Japanese Startup Capichi Survives in Vietnam's Food Delivery Market
ShopeeFood and GrabFood have carved up Vietnam's food delivery market between them, while Baemin, Gojek and Loship have all exited. A small platform founded in Hanoi by a Japanese university dropout survives on a simple premise: nine out of ten of its users aren't Vietnamese.
Business
Highland Coffee and Taiwan's Milksha Share the Same Owner: Jollibee
Vietnam's Highland Coffee and Taiwan's Milksha share an owner: Philippines' Jollibee, which operates local F&B brands across 17 countries.
Business
Thai Tycoon Increases Vinamilk Investment
Thailand's TCC Group subsidiary F&N raises its Vinamilk stake to 18.69%, betting on Vietnam's consumer market for the long term.
Business
WinMart Cements Its Position as Vietnam's Retail Leader
WinMart posted double-digit same-store sales growth in Q4 2024, reaching 3,828 stores. It plans up to 700 new locations in 2025.
Technology
FPT Chairman Truong Gia Binh's Tech Keywords for Vietnam
FPT Chairman Truong Gia Binh revealed the company's playbook: language strategy, absorbing China's outflows, and five key tech sectors.
Vietnam
Burger King Leaves Hanoi. Shake Shack Is Walking In.
Burger King closed all its stores in central Hanoi, leaving just four in Ho Chi Minh City plus one at Noi Bai Airport. Shake Shack is about to walk in. McDonald's took a decade to open 39 stores. The challenges burger brands face in Vietnam go well beyond price.
Vietnam
Vietnam's High-Speed Rail Drama: The Billionaire's Exit, Siemens' Win Over China, and a $67 Billion Mega-Project in Limbo
Vingroup quit Vietnam's $67 billion north-south high-speed rail bid on Christmas Day, days after signing a Siemens deal for a separate line. The exit exposed the tensions between state ambition, private capital, and geopolitics.
Vietnam
From Millions in Debt to 400 Stores in Vietnam: The Wujia Tea Story
Wujia Tea is barely known in Taiwan. In Vietnam, it used a cart franchise model to open 400 stores in six years, overtaking every other Taiwanese bubble tea brand in the country.
Vietnam
Starbucks Has Been in Vietnam for 13 Years. Why Can't It Win?
In January 2026, Starbucks opened its 150th store in Vietnam. Sounds like a milestone — until you compare it to Highlands Coffee's 928 stores and the country's 500,000 coffee shops. The world's biggest coffee chain is still a bit player in the world's second-largest coffee-producing nation.
Vietnam
Vietnam Airlines Signs USD 8.1 Billion Boeing Deal — The Biggest in Vietnamese Aviation History
USD 8.1 billion. 50 Boeing 737-8s. Signed in Washington with the General Secretary watching. Vietnam Airlines just placed the largest aircraft order in Vietnamese history — and three years ago, this airline was on the brink of bankruptcy.