The Ministry of Industry and Trade (MoIT) has held a consultation workshop on a draft plan to develop outlet and duty-free store models in Vietnam through 2030, with a vision to 2045, as the country’s fast-growing retail market still lacks modern, market-leading formats.

VOV.VN - Standard Chartered Bank has been awarded Best Retail Bank Vietnam 2026 at the 17th Annual Retail Banker International (RBI) Asia Trailblazer Awards 2026, marking the fifth consecutive year the Bank has received this recognition.

The socio-economic report for the first quarter of 2026, recently released by the National Statistics Office under the Ministry of Finance, reveals highly optimistic signals for the retail market and consumer services.

Total state budget revenue in the first quarter of 2026 is estimated at VND820 trillion (US$31.1 billion), equivalent to 32.4% of the annual target and up 10.2% year-on-year, the Ministry of Finance reported.

Authorities are urgently rolling out measures to stabilise the market as surging input costs place unprecedented pressure on the retail market, with suppliers pushing for price hikes and supermarket systems striving to keep prices in check.

The growing presence of Vietnamese agricultural products in international supermarkets and retail chains is strengthening brand recognition for the country’s farm produce and marking a shift toward higher-value exports.

The Ministry of Industry and Trade of Vietnam has proposed a mechanism allowing the use of the Fuel Price Stabilisation Fund to stabilise domestic fuel retail prices if they rise sharply and threaten economic stability.

VOV.VN - Retail fuel prices in Vietnam rose sharply on March 5 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance, reflecting strong gains in global energy prices impacted by the Middle East tensions.

The domestic market remained well supplied and prices stable on February 22, the sixth day of the Lunar New Year and the final day of the nine-day Tet holiday break, as trading activities nationwide returned to normal.

Compliance with tax regulations and electronic invoicing, adoption of artificial intelligence (AI) and expansion into multi-channel sales are becoming essential for business survival in Vietnam, according to a survey of 15,000 retailers released by Sapo Technology JSC, as firms navigate tighter rules.