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Tag: Vietnam

  • Vietnam to cut black pepper farm area

    Vietnam to cut black pepper farm area

    The surge in world pepper prices in the 2013-2015 period led local growers to expand their farms uncontrollably. Vietnam plans to slash its black pepper growing area by 26.7 percent in response to falling global prices, the chairman of the country’s pepper association said Tuesday.

    Vietnam is the world’s largest black pepper exporter, accounting for 60-65 percent of global trade, and nearly half of global output.

    “We will cut the area to 110,000 hectares from 150,000 hectares over the coming years by encouraging local farmers to grow other crops and remove pepper farms with poor quality,” said Vietnam Pepper Association Chairman Nguyen Nam Hai.

    Hai said the surge in world pepper prices in the 2013-2015 period led local growers to expand their farms uncontrollably, from 50,000 hectares in 2013 to the current of 150,000 hectares.

    “Now with the increased output, prices have fallen and we need to cut the area,” Hai said.

    Vietnam’s black pepper exports in the first quarter rose 17.5 percent from a year earlier to 60,033 tons, but export revenue in the period fell 31.4 percent to $221 million, according to official customs data.

    Hai said exports for the entire 2018 are forecast to stay flat from last year at around 215,000 tonnes.

    Vietnam’s key markets for the spices include the United States, India, China and Europe.

  • MobiFone refunded after failed pay TV investment deal

    MobiFone refunded after failed pay TV investment deal

    The telecommunications giant has not repaid AVG investors. MobiFone has confirmed to authorities that it has been refunded in full from a private pay TV firm after the deal between these companies fell through.

    The state-run telecommunications giant said that a total of VND8.9 trillion ($390 million), equivalent to a 95 percent stake in Audio Visual Global JSC. (AVG), had been returned to the company on April 26.

    MobiFone has yet to return shares to AVG shareholders, and is now waiting for government inspectors to confirm the transfer before proceeding, the statement said.

    In early 2016, MobiFone announced that it was breaking into the pay TV market through the acquisition of a 95 percent stake in AVG, without revealing any information about the deal.

    After investigating the deal, the Government Inspectorate concluded that MobiFone’s deal to acquire AVG had violated investment laws and caused a loss of about VND7 trillion ($307 million) to the state.

    Multiple ministries, including the information ministry, were also found responsible for a number of wrongdoings relating to the deal.

    The canceled acquisition was brought up last week when Communist Party General Secretary Nguyen Phu Trong said at a committee meeting that the government was determined to fight corruption without exception.

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  • Vietnam Airlines considers creating cargo unit

    Vietnam Airlines considers creating cargo unit

    Vietnam has become a major manufacturing hub, providing an air freight opportunity for the state-owned carrier. Vietnam Airlines is looking to boost growth by starting a dedicated cargo unit, according to a company official.

    With companies such as Samsung annually producing billions of dollars worth of devices, there is an air freight opportunity for the national carrier, Vietnam Airlines CEO Duong Tri Thanh told.

    Investments by companies such as Samsung, LG and Nestle have fueled the country’s manufacturing sector and driven it to become one of the fastest growing in the region.

    Vietnam’s economy expanded by 7.38 percent in the first quarter of this year, the highest rate in a decade, according to the General Statistics Office. The country is looking to attract more visitors and develop tourism as a key industry.

    “We expect a higher number of international passengers, especially from Japan and Korea, and more middle-class passengers domestically, thanks to Vietnam’s fast economic growth,” Thanh said.

    The airline was rated among the 11 best major airlines in Asia by the 2018 Traveler’s Choice Awards, which collects travelers’ ratings from the past year in terms of legroom, customer service, cleanliness, food and beverages, comfort, value for money, check-in and boarding, and in-flight entertainment.

    Competing with the nation’s largest private carrier, VietJet, the state-owned airline is also focusing on attracting premium passengers at the front-end as faster economic growth drives incomes higher.

    Vietnam Airlines is planning a route to Los Angeles by late 2019 or early 2020. Last year, it formed a venture with Air France to add 17 more destinations in Europe to the existing three.

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  • Vietnam’s e-commerce companies face logistics and price challenges

    Vietnam’s e-commerce companies face logistics and price challenges

    Shipping costs are forcing prices up and driving potential customers away. Vietnam’s e-commerce industry is facing challenges due to poor logistics and consumer price-sensitivity.

    “The challenge for commerce in Southeast Asia in general, and Vietnam in particular, is logistics,” said Vu Duc Thinh, country manager for the logistics arm of Lazada, a Singapore-based e-commerce company which also operates in Vietnam.

    Vietnam’s logistics costs accounted for 20.9 percent of GDP in 2016, according to the World Bank, and were higher than regional peers China, Thailand and Japan.

    Inflated logistics costs are putting a strain on local businesses and need to be cut in order to make firms more competitive, said Prime Minister Nguyen Xuan Phuc during a conference held by the Ministry of Industry and Trade in Hanoi earlier this month.

    The reason for this is the cost of transporting goods via land, Phuc said. In Vietnam, transportation via land accounts for 59 percent of all logistics costs, which is 9.7 times more than via water and 2.5 times more than by train, said Deputy Minister Nguyen Van Cong during the conference.

    Insufficient infrastructure development is to blame for the disparity, with rail links lacking connections to storage depots, and waterway transport taking from 3-5 times longer than by land, according to experts.

    Another factor hindering the advancement of Vietnamese e-commerce companies is consumer price-sensitivity, which is proving to be a challenge when it comes to taking into account shipping fees when companies set their prices.

    “If Vietnamese e-commerce companies want to win customers here, they have to come up with the best prices,” Huynh Mai, 25, a Vietnamese online shopper.

    Online sales in Vietnam have expanded rapidly in recent years, currently accounting for 3.39 percent of the country’s retail market. The total retail market grew 10.9 percent last year to $173.27 billion, as reported by local media.

    The World Bank forecasts that Vietnam’s $200 billion economy is likely to grow to a trillion dollars by 2035. More than half of its population, compared with only 11 percent today, is expected to join the ranks of the global middle class with consumption of $15 a day or more.

    According to one estimate, about 30 percent of the population will be buying goods and services over the internet in 2020, with each shopper spending an average of $350 per year.

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  • Fashion reigns as Vietnam’s online shopping queen

    Fashion reigns as Vietnam’s online shopping queen

    With busy schedules occupying people’s lives, e-commerce sites are catching up with the rising demand. With e-commerce booming in Vietnam, shopaholics have been switching from walking from store to store to just sitting back and relaxing with their computers and phones to choose their favorite fashion items.

    Despite spending almost ten hours per day at work, Ha, an office worker in Binh Thanh District, HCMC, can still find the time to buy herself new clothes every month.

    Her computer is bombarded by advertisements for new fashion items that stream from the social media channel she uses to the news sites she usually follows since she searched online for a new dress.

    “I don’t have much free time to stop by every store to find the clothes I want, but I can easily do it online. Of course there are risks buying clothes online, but if I order products from shop and receive exactly what I expected, then I go back to that shop,” she said.

    The trend has become so popular that many Vietnamese women say they spend time almost every night watching online retailers livestreaming their products on Facebook.

    A survey released in October last year by Vietnamese market research firm Q&Me showed fashion standing on top of all products purchased online in Vietnam, followed by IT products, cosmetics, food and beverages, and books and stationary.

    Out of a pool of 966 respondents aged between 18 and 39, 73 percent said they went online to buy fashion products, the survey found.

    Tapping into this trend in Vietnam, online shopping platform Lazada has launched a partnership with Au Chau Fashion and Cosmetic Co. Ltd (ACFC), a distributor of world-leading brands such as Calvin Klein Jeans, Levi’s, Dune and Diesel.

    Lazada said the move expresses its ambition to boost the development of its clothing and cosmetics sector, and its target to become the leader in Vietnam’s e-commerce market by 2020.

    “Last year, Lazada’s revenue from fashion products doubled, and the number of fashion providers registering on its platform rose 4.5 times,” said Nguyen Thanh Thuy, director of brand marketing solutions at Lazada Vietnam.

    Vietnam’s e-commerce market grew by 25 percent last year and is expected to maintain its growth in the next three years, according to the Vietnam E-Commerce Association.

    Revenue from online retail is forecast to hit $10 billion by 2020, accounting for 5 percent of the country’s retail market, it said.

    The thriving market has attracted global giants.

    American e-commerce giant Amazon month entered the Vietnamese market last month, just four months after Chinese e-commerce conglomerate Alibaba officially entered Vietnam by investing in Lazada.

    Earlier this year, China’s second biggest online e-commerce firm JD.com Inc announced plans to invest in Tiki, a Vietnam-based online retailer that it intends to help with fulfillment, logistics and more. JD.com co-led the financing with Vietnamese entertainment and social media firm VNG Corp.

  • New deep-sea port to boost logistics capacity in Vietnam

    New deep-sea port to boost logistics capacity in Vietnam

    The new terminal will double the current loading capacity of the biggest port in northern Vietnam. A new deep-water port is set to open this month in Vietnam’s northern city of Hai Phong.

    The city is a major sea gateway for Vietnam, but the existing port cannot receive large container ships as it lies on the Cam River, which is only seven meters deep.

    The new Lach Huyen International Gateway Port faces the sea, where the water is 14 meters deep.

    It stretches 750 meters (2,460 feet), which is double the length of Hai Phong Port, and has two container cranes.

    Work started on Lach Huyen Port in 2013 at an estimated cost of $1 billion, and when the first phase is completed on May 13, it will be able to handle around 300,000 20-foot equivalent units, or TEUs.

    That figure will rise to between 2-3 million TEUs in 2019, which is double the current capacity of Hai Phong Port.

    At a ceremony to mark the construction of Lach Huyen’s second phase in 2016, Prime Minister Nguyen Xuan Phuc said the new port “holds a key role in Vietnam’s maritime strategy”.

    Infrastructure to support the operation of the port has been taking shape, including an expressway connecting Hai Phong with the capital Hanoi that cuts travel time by half to roughly 90 minutes, and Southeast Asia’s longest cross-sea bridge, which opened to traffic in September last year.

    Spanning 15.63 kilometers (10 miles), the $523-million bridge connects Tan Vu Port to the new Lach Huyen Port.

    At a government meeting in Hanoi last month, PM Phuc said Vietnam’s logistics costs are putting a strain on local businesses and need to be cut in order to make firms more competitive.

    Vietnam’s logistics costs accounted for 20.9 percent of GDP in 2016, according to the World Bank, and were higher than regional peers China, Thailand and Japan.

    The reason for this is the cost of transporting goods via land, he said.

    In Vietnam, transportation accounts for 59 percent of all logistics costs, Deputy Minister of Industry and Trade Nguyen Van Cong told the meeting.

    The cost of transporting a 40-foot container by land from Hanoi to HCMC is about VND40 million ($1,785), which is 9.7 times more than transporting it by water and 2.5 times more than moving it by train, he said.

    According to a 2016 report released by the ministry, 77.2 percent of goods are transported by land in Vietnam, while just 5.22 percent go via water and 0.42 percent by train.

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  • Vietnam’s biggest carriers see higher profits

    Vietnam’s biggest carriers see higher profits

    VietJet plans to add routes to more countries while Vietnam Airlines reports high number of passengers. Vietnam’s two biggest airlines reported strong growth in domestic and international markets on Thursday, fuelling profits and talk of expansion plans.

    VietJet, the biggest private airline in the Southeast Asian nation, said it was adding routes to Japan, India and Australia as part of its strategy to become a global airline.

    Hanoi-based VietJet currently operates 38 domestic and 44 international routes. VietJet added 17 new aircraft last year to boost its fleet to 51 planes.

    VietJet said on Thursday it expected pre-tax profit to rise to VND5.8 trillion this year, up 9.4 percent from 2017. It also targeted a 20.5 percent rise in revenue to VND50.97 trillion from a year earlier.

    Its state-owned rival, Vietnam Airlines, said on Thursday its pre-tax profit jumped 71 percent in the first quarter as growth on domestic and international routes exceeded its forecasts.

    Pre-tax profit during the January-March quarter rose to VND1.46 trillion ($64.13 million), the airline said in a statement, up from 854 billion dong in the same period a year earlier.

    Vietnam Airlines said it carried five million passengers in the quarter, up five percent from the same period last year.

    “Demand remains high in Northeast Asian markets (Japan, South Korea), together with the implementation of market-driven solutions in the condition of high fuel prices,” the airline said, adding it will take delivery of its 12th Airbus A350 in the second quarter.

    Vietnam Airlines could launch non-stop flights to the United States in 2019, Chief Executive Officer Duong Tri Thanh said in February, but it would struggle to be profitable on U.S. routes due to the lack of business travellers.

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  • Vietnamese willing to Spend huge Amounts of Money on Super Cars

    Vietnamese willing to Spend huge Amounts of Money on Super Cars

    As many as  8,670 luxury cars of different kinds were sold in Vietnam in 2017, a decrease of 15 percent from 2016, according to one report. However, the amount of money spent on the cars was VND20 trillion.

    According to Choi Duk June, CEO of Mercedes Benz Vietnam, 150 Maybachs were delivered to Vietnamese buyers in 2017. The sales of Maybach in Vietnam are the highest in Southeast Asia.

    This is a luxury model of Mercedes-Benz with three versions in distribution in Vietnam, including Maybach S 400 priced at VND6.899 billion, Maybach S 500 VND10.999 billion and Maybach S 600 VND14.169 billion.

    When launching Maybach S 600 into the market in January 2015, Mercedes Benz then hoped it could sell 10 products a year. However, to its surprise, over 50 products were sold in the year.

    The figure was over 100 in 2016, and Vietnam remained the biggest buyer of Maybachs in 2017, leaving Indonesia, Thailand, Malaysia and Singapore far behind.

    It is estimated that over 300 Maybachs are rolling on Vietnam’s streets.

    The other luxury models also had very good sales. Over 500 S-Class products, priced at VND4-10 billion, were sold in 2017.

    However, the highest growth rate belonged to mid-end luxury models, priced at VND1.5-3 billion. A record number of 2,500 GLCs priced at VND1.939-2.209 billion was sold in 2017, placing GLC as one of the 15 best sellers in the market.

    The other luxury models which sold very well in 2017 included BMW’s Seri 3 and Seri 5, Audi’s A4 and Q5 and Lexus’ ES 250 and NX 200T.

    Car dealers in Vietnam say there is a switch in consumption from common products to mid-end products. A survey by Mercedes Benz found that car buyers tend to be younger.

    In 2014, the average age of car buyers was 42, while it was 39 in 2016 and 38 in 2017.

    Boston Consulting Group’s (BCG) survey showed that Vietnam is getting wealthy thanks to the strong rise of the middle class which has been growing more quickly than any other place in South East Asia.

    Those who have monthly income of $714 and more are classified as middle class. Vietnam expects to have 33 million middle class people by 2020.

    According to the Vietnam Automobile Manufacturers’ Association (VAMA), a total of 272,750 automobile units were sold in 2017, down 10 percent yearly.

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  • Vietnam exempts import tax for Emirates Airline

    Vietnam exempts import tax for Emirates Airline

    Deputy Prime Minister Vuong Dinh Hue has agreed with the Ministry of Finance’s proposal to exempt tax on imported goods of Emirates Airline.

    Hue assigned the Ministry of Finance to implement the proposal and has instructed the customs forces to supervise and closely control the import and use of duty-free goods of the airline to ensure that they are used for right purposes and in line with the law.

    Under the direction of the Deputy PM, the import and use of duty-free goods by Emirates must be for the right purposes as described in Article 6 of the Agreement on Air Transport, signed between the Governments of Vietnam and the United Arab Emirates.

    It is the fifth airline to receive exemption from import tax. Previously, the Deputy PM had agree to exempt the tax for imported goods of Hong Kong Dragon, Cathay Pacific Airways, Federal Express Corporation and Japan Airlines.

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  • High air freight costs for Vietnamese fruit exporters

    High air freight costs for Vietnamese fruit exporters

    The shipping fee per kilogram of fruit can be three times higher than the price at farmer’s garden. Vietnamese fruit exporters are struggling to stay competitive due to high air freight costs compared to other countries.

    Fruit exports from Vietnam to European countries are subject to a $3.2 per kilogram shipping fee, 44 percent higher than Thailand’s at $1.8, Dam Quang Thang, CEO of Agrice VN, told. Thang’s company is exporting mango, longan, dragon fruit and lychee at a cost up to three times higher than their price at farmer’s garden.

    Exports to Shanghai, China are also facing high air freight fee of $1.8 per kilogram, while the cost is $2.6 from Vietnam to Australia, Thang said.

    As fruits are preferred to be consumed fresh, shipping by sea is not appropriate as the long duration can rotten the produce. However, high air freight costs are pushing up prices of Vietnamese agricultural products overseas, said Ta Duc Minh, Vietnam’s commercial counsellor in Japan at an agriculture conference in February.

    In Japan, Vietnamese mango is priced higher than that of Ecuador and Thailand, even though the distance from Vietnam to Japan is shorter compared to those countries, Minh said.

    Additionally, promotion of agricultural trade is also facing many difficulties due to the increase of protectionism in countries such as the U.S., China, Japan and the European Union, said Tran Van Cong, deputy director of the Department of Agricultural Product Processing and Marketing under the Ministry of Agriculture and Rural Development.

    Negotiations to open foreign markets to Vietnamese agricultural products are difficult and usually take five to seven years to complete. Competition is increasingly fierce in terms of price, quality, design and food safety, Cong said.

    Vietnam’s agriculture products export turnover reached $36.3 billion last year. This year, the country plans to reach $40.5 billion.

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  • Don Chicken Vietnam adding more restaurants

    Don Chicken Vietnam adding more restaurants

    Don Chicken Vietnam is planning to expand its Hanoi portfolio through franchising.

    There are two branches of the Korean fast-food chain in the capital, one in Vincom Royal City.

    As a first move for its expansion in Hanoi and the north, Don Chicken has launched an event to find partners experienced in the dining sector, and will offer franchisees training and marketing support.

    Founded by Apgujeong Group in 2007, Don Chicken has 400 stores across Korea and has also expanded into China and Thailand.

    Don Chicken opened its first store in Vietnam in 2015, in Ho Chi Minh City. It started franchising from 2016 and now has 13 stores nationwide.

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  • Vietjet further expands with new routes to Taiwan and South Korea

    Vietjet further expands with new routes to Taiwan and South Korea

    Vietjet continues its Asian expansion program with the launch of two new international routes: Hanoi – Taichung (Taiwan) and Danang – Daegu (South Korea). Tickets have started selling for the two routes which will meet the traveling demand of both locals and tourists and contribute to regional trade and integration promotion.

    The Hanoi – Taichung route will be operated with 5 return flights per week on every Monday, Wednesday, Friday, Saturday and Sundayfrom June 22, 2018 with around two and a half hours flight time per leg. The flight departs from Hanoi at 13:00 and arrive in Taichung at 16:30 (local time). The return flight takes off at 17:30 (local time) in Taichung and lands in Hanoi at 19:20.

    The Danang – Daegu route will be operated on a daily basis from July 19, 2018 with around four and a quarter hour flight time per leg. The flight will depart from Danang at 00:15 and arrive in Daegu at 06:30 (local time). The return flight will take off at Daegu at 07:30 (local time) and lands in Danang at 10:00 every day.

    With 6 routes serving Taiwan including HCMC – Taipei; Hanoi – Taipei; HCMC – Kaohsiung; Hanoi – Kaohsiung; HCMC – Tainan; HCMC – Taichung, Vietjet is the airline flying the most Taiwanese destinations from Vietnam.

    Daegu is the fourth largest city of South Korea, after Seoul, Busan and Incheon. With a convenient and diversified transportation system, Daegu is connected with many major cities of South Korea. Palgongsan Mountain, Cosmos Land or many famous parks including Apsan Park, Woobang Tower, Daegu Arboretum, Mangwoo Park, Gyeongsan-gamyeong and Gukchaebosang Memorial Park are the most favourite tourist attractions in Daegu.

    Aiming to be a “Consumer Airline”, Vietjet is continually opening new routes, adding more aircraft, investing in modern technology and offering more added-on products and services to serve all demands of customers. Vietjet is a pioneering airline that is loved by many for its exciting promotional and entertainment programs, especially during the festive season. With high-quality services, diverse ticket classes and special low-fare tickets, Vietjet offers its passengers flying experiences on new aircraft with comfy seats, delicious hot meals, beautiful and friendly cabin crews, and other interesting added-on services.

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  • Vietjet reports a year of success with high growth and more international routes in 2018

    Vietjet reports a year of success with high growth and more international routes in 2018

    Vietjet yesterday reported a year of success at the Annual General Shareholders Meeting (AGM) 2018 of Vietjet Aviation Joint Stock Company (HoSE: VJC – HOSE), with 91.74% shareholders in attendance and high approval ratings for all issues raised at the AGM.

    According to the report presented by Vietjet Managing Director, Luu Duc Khanh, who spoke on behalf of the Board of Management, the company enjoyed a successful year across all categories.

    Specifically, Vietjet received 17 aircraft, including the first A321 Neo in Southeast Asia. By continually saving costs efficiently and effectively, Vietjet has maintained the most efficient operating costs in the region. Indicators for operation safety and ground operation were also among the highest in the region. The airline’s technical reliability reached 99.66%, the highest level among the Airbus’ A320/321 fleet worldwide.

    To continue its expansion of domestic routes as well as penetrating the markets in the North Asia region, up until the end of 2017, Vietjet operated 38 domestic routes and 44 international routes connecting major cities in a part of the world that is home to more than half of the world’s population. In 2017, the company operated 98,805 safe flights, transporting 17.11 million passengers, a 22% increase over 2016.

    Besides increasing the volume of international passengers and the number of international charter flights, ancillary services also grew in proportion to the number of flights. At the AGM, Vietjet also announced that the airline had surpassed its financial targets. According to the audited and consolidated financial statements of 2017, revenue stood at VND42,303 billion (US$1.92 billion), after-tax profit stood at VND5,073 billion (US$230.59 million), with increases of 54% and 73% respectively over 2016. Earnings per share reached VND11,356 (US$0.52).

    On February 28, 2017, Vietjet listed its shares on the Ho Chi Minh City Stock Exchange (HoSE) with the Board of Directors’ total commitment in applying international standards in corporate governance, management and information transparency.

    On the back of these positive business results, the Board of Directors proposed and received approval from the shareholders to increase the dividend payment of 2017 from 50% to 60%. Accordingly, the company advanced a 30% dividend payment in cash and will pay a cash dividend of 10% on May 25. Vietjet will pay a further dividend of 20% by shares.

    In 2018, the company has set a target to reach VND50,970 billion (US$2.24 billion) in revenue and VND5,800 billion (US$254.75 million) in profit, with increases of 20.5% and 10% respectively compared to those of 2017. The Board of Directors also submitted a proposal to the shareholders to increase the dividend payment of 2018 to 50%.

    The aviation market of Vietnam and the region is expected to continue growing strongly in 2018, especially as the economy is forecast to achieve the highest GDP growth ever, and the government is promoting tourism as a key economic sector that will attract millions of tourists to Vietnam. With its expanding fleet and increasing number of new international routes to destinations in countries such as Japan, India and Australia, Vietjet is on its way to becoming a multi-national airline with a global vision and competitive abilities.

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  • Vietjet Soaring to Greater Heights

    Vietjet Soaring to Greater Heights

    In just a little over a decade, Vietjet – Vietnam’s new-age airline has taken Asia and the world by storm, making waves in the global aviation industry and turning heads with its rapid growth, unique service offerings and cheeky out-of-the-box ideas.

    Once the underdog of the race, Vietjet is now leading the domestic aviation market in Vietnam and actively expanding its fleet to support its foray into new international markets.

    Earlier this year, the airline was the first in Southeast Asia to take delivery of an A321neo Airbus aircraft, adding to its existing fleet of 55 aircraft, which includes a mix of A320s and A321s.

    Vietjet also recently announced its decision to upgrade an existing order for 42 A320neo aircraft to the superior and larger A321neo models. Accordingly, the airline now has a total of 73 A321neo and 11 A321neo on order for future delivery.

    The airline currently operates 44 international routes, including flights to and from Hong Kong, Thailand, Singapore, South Korea, Taiwan, Malaysia, Cambodia, China and Myanmar – making traveling across Southeast Asia both convenient and less expensive. Domestically, Vietjet’s extensive flight network connects passengers to a total of 38 destinations within Vietnam, allowing travellers to explore the many hidden gems the country has to offer.

    With a vision of becoming a favourite multinational airline, Vietjet has also made great strides in the expansion of its flight network both domestically and internationally. The airline has established a comprehensive code-sharing partnership with Japan Airlines, providing customers better access to destinations between Vietnam and Japan, and beyond.

    Just recently, the airline also announced plans to connect Vietnam with New Delhi, India and Brisbane, Australia. Scheduled to commence in 2019, the non-stop service between Ho Chi Minh City and Brisbane will give the airline much reason to celebrate as it will mark Vietjet’s first Australian long-haul destination.

    There is no denying the vast potential of the growing tourism market. Moving forward, Vietjet aims to continue exploring unchartered territories, forging partnerships and taking hold of opportunities to facilitate deeper international and regional integration. In the coming months, the airline will continue adding new routes to its ever-expanding list of destinations, spreading its wings to even more destinations across the globe. These are but a few of the things the airline is doing to better serve its customers in the region.

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  • Cocosnack offers a new diner experience

    Cocosnack offers a new diner experience

    Cocosnack, in the centre of Hue city, claims to be the first American diner in Vietnam offering both local and international food.

    As the photos show, the venue features an unforgettable pink colour palette with strong 1950s-influenced theming. The shocking pink is offset by a black-and-white chequered floor.

    As well as burgers featuring Australian beef, the new outlet offers freshly made Vietnamese specialities.

    Using imported flour, the diner’s French chef can also produce French country-style bread, kebabs, pasta and pizza, as well as snacks.

    It is easy to recognise the diner with its stylised Citroen car by the entrance.