Siem Reap readies for Khmer New Year tourist flood

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VietStock FI English 3 week(s) ago

Tourism authorities in Siem Reap are anticipating that more than a million tourists will descend on the temple town for the Angkor Sangkran festival, the country’s biggest cultural attraction over the Khmer New Year holiday.

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Canadian exporters eye pork market in Vietnam

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Báo Thanh Niên English 3 week(s) ago

Canadian exporters eye pork market in Vietnam

Canada, the world’s third largest pork exporter, is seeking to expand its market in Vietnam, where a growing middle class has driven demand for meat products.

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Vietnam's middle-class set to increase by 2020

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SaiGon GP English 1 month(s) ago

Through investigation on income of people in five major cities in five nations in Asia, Hakuhodo Institute of Life and Living ASEAN yesterday in Ho Chi Minh City concluded that 55 percent of families in Vietnam belong to middle class.

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96% of Vietnamese perceive themselves as middle class, almost double real figure: study

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Báo Tuổi Trẻ English 1 month(s) ago

96% of Vietnamese perceive themselves as middle class, almost double real figure: study

Most Vietnamese think they are among the middle class, while those whose income actually qualifies them for such a category only make up half of the population, a Japan-based think tank has said.

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Mining to dining: Australia becomes China's land of milk and honey

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Báo Thanh Niên English 2 month(s) ago

Mining to dining: Australia becomes China's land of milk and honey

Asian consumers determined to improve their lifestyle are boosting the fortunes of Australian producers of premium baby milk formula, vitamins and honey, as the region's burgeoning middle class jumps on the health food bandwagon.

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Indian group eyes Viet Nam as future market

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SaiGon GP English 2 month(s) ago

Indian group eyes Viet Nam as future market

Seven companies from Indian group Tata Sons plan to focus on Viet Nam and Myanmar as key markets, reported The Economic Times and International Business Times.

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Indian group eyes Vietnam as future market

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Báo Dân Trí English 2 month(s) ago

Indian group eyes Vietnam as future market

Seven companies from Indian group Tata Sons plan to focus on Vietnam and Myanmar as key markets, reported The Economic Times and International Business Times.

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Increasing number of small real estate companies cater to growing middle class

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VietStock FI English 3 month(s) ago

A few skilled former real estate agents, who have built up their own networks, are taking advantage of their potential and starting their own business in response to the growing middle-class demographic.

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Without toll charges, northwest Phnom Penh gains traction

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VietStock FI English 3 month(s) ago

Phnom Penh and Kompong Speu relations have been strengthened after the halt of toll operations on National Road 4, while factories, enterprises, and the population continue to grow, according to property experts and officials.

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Residential developments shift towards mid-range condos

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VietStock FI English 3 month(s) ago

High-end condominium supply continues to outpace demand for the lack of ability to serve locals’ housing needs while the stress on Phnom Penh to further urbanise accelerates.Thus, developers are starting to focus on mid-range condominiums to cater to the slow but growing middle class that are altering their conventional housing habits, real estate experts say.

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Middle class: The key to fighting climate change?

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Báo Thanh Niên English 4 month(s) ago

Caroline Anstey, global head of UBS and society at UBS, discusses her report on climate change and how it impacts the middle class. She speaks to Bloomberg's Stephen Engle on "First Up" at the UBS Greater China Conference in Shanghai.

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Foreign carmakers cash in on Vietnamese middle-class families’ car-buying rush

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Báo Tuổi Trẻ English 4 month(s) ago 3 related news

Foreign carmakers cash in on Vietnamese middle-class families’ car-buying rush

Ask about the dream of any Vietnamese middle-class family and you will quickly get a humorous wish list - “one wife, two children, a three-story (town)house, and a four-wheeled car.” A set of progressive figures, they are considered to bring luck to Vietnamese people if they become a reality in the same sequence.

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Vietnamese consumers willing to spend, ANZ Chief Economist

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VietnamNet English 4 month(s) ago

Vietnamese consumers willing to spend, ANZ Chief Economist

Mr. Glenn Maguire, ANZ Chief Economist, South Asia, ASEAN & Pacific, spoke about consumption trends in Vietnam now and in the future.

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Will foreign investors leave because the domestic market is too small?

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VOV News English 4 month(s) ago

Will foreign investors leave because the domestic market is too small?

Some foreign investors have warned that they may leave Vietnam because of unfavorable conditions to do business. However, Vietnamese businesses and analysts believe they will stay in the country.

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Commercial banks rush to enter retail services

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VietnamNet English 4 month(s) ago 1 related news

Commercial banks rush to enter retail services

VietNamNet Bridge - Banks in the last three years have rushed to provide retail banking services, encouraged by the increased spending of middle-class income earners. Fifty-three percent of the 95 million population are of working age.

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