Facade of the Zara store in Hanoi (Photo courtesy of Zara)
Hanoi (VNA) - Hundreds of guests,including models and fashionistas, attended the opening of Zara, a SpanishInditex store, in Hanoi on November 8 night.
The store, which features Zara clothing andaccessories, is the second in Vietnam by the world’s biggest fast-fashionretailer. The first was opened in Ho Chi Minh City last September.
Covering more than4,500sq.m in the Vincom Ba Trieu Shopping Centre, the three-storey store,presents collections for men, women and children from the Spanish brand.
The store in Hanoi isone of the 4,500 eco-eficient stores worldwide opened by the Spanishretail giant Inditex. The stores use at least 20 percent less electricityand 40 percent less water than conventional stores. By using technologicallyinnovative systems, these stores have reduced energy and water consumption.
The newly openedstore also uses Radio Frequency Identification (RFID) to keep track ofinventory and restock its clothing racks more quickly.
In the World’s MostValuable Brands issued by Forbes, Zara stands at the 51th position with thebrand value as of May 2017 is 11.3 billion USD.
According to Forbes,the clothing retailer has more than 2,200 stores in 93 countries and is theflagship brand of the Inditex Group. Zara is renowned for its ability todevelop a new product and get it to stores within two weeks, while otherretailers take six months.
Spain is the biggestmarket with 436 stores, followed by China (193 stores), France (129), Italy andJapan (100 each). The US has 78 stores as of January 2017.-VNA
The influx of foreign fast fashion brands into Vietnam is threatening local retailers’ market share, forcing the firms to move to keep their foothold in the market, Dau tu (Vietnam Investment Review) newspaper reported.
International brand names are starting to grab the attention of Ho Chi Minh City’s fashion-conscious people, clearing the way for more ready-to-wear clothing stores in Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Facade of the Zara store in Hanoi (Photo courtesy of Zara) 
