Vietnam Business

Vietnam

Vietnam's Taxi King Posts Its First Loss in Five Years

Vinasun cut its headcount to a tenth of what it was, switched half its fleet to Toyota hybrids, and still posted its first loss since 2021. First Grab, then Xanh SM. Now Ho Chi Minh City gets to decide whether a hybrid counts as green.

Vietnam Business

Foreign Brands in Vietnam 2025: China's Push South, Japan's Quiet Rise, and 50,000 Closures

2025 was the year foreign brands in Vietnam shifted from testing the waters to competing at scale — but the market also claimed 50,000 F&B casualties.

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