Tag: consumers
Retail sales, consumer service revenue up ahead of Tet
Total retail sales of goods and revenue from consumer services in January are estimated at VND479.9 trillion (nearly US$20.77 billion), up 3.7% month-on-month and 6.4% year-on-year, according to the General Statistics Office (GSO).
Consumer price index rises 0.06% in January
The consumer price index (CPI) inched up 0.06% in January against December last year, and down 0.97% year-on-year, according to the General Statistics Office of Vietnam (GSO).
MoIT working to ensure supply of goods during Tet holiday
The Ministry of Industry and Trade (MoIT) recently issued Directive No.15 on the implementation of measures to ensure essential consumer goods during the upcoming Lunar New Year (Tet) holiday and to stabilise the market.
WB highlights Vietnam among fastest growing economies globally
VOV.VN - The country's economic growth was recorded at 4.5% during the last quarter of 2020, representing an annual growth rate of 2.9%, thereby making it one of the fastest growing economies in the world, according to the World Bank (WB).
Credit growth forecast to reach 13-14% this year: SSI
Credit growth in Vietnam may reach 13-14% this year, partly driven by progress with the COVID-19 vaccine, according to a 2021 banking outlook report released by the SSI Securities Corporation on January 6.
4% inflation target set for 2021 within reach: experts
VOV.VN - Vietnam is likely to meet its target of reining in inflation at a rate of below 4% in 2021, although experts warn that unfavourable factors could impact market fluctuations.
Vietnam’s 2020 retail sales see lowest growth in nine years
Vietnam’s total revenue from retail trade and services reached over VND5 quadrillion (US$219.5 billion) in 2020, representing a modest yearly rise of 2.6%, according to the General Statistics Office (GSO).
Hanoi pledges sufficient commodities for upcoming Tet
VOV.VN - The capital is set to stockpile consumer goods worth VND39.4 trillion in order to put them on sale in the lead up to the New Year and the Lunar New Year, known locally as Tet, up roughly 5% in comparison with the scheduled plan.
Hanoi to open 40 more OCOP showrooms
Hanoi will open 40 more showrooms for goods from the local “One Commune, One Product” (OCOP) programme in 2021, making them more popular among domestic consumers and foreign visitors.
Austrian businesses remain keen on Vietnamese consumer goods
VOV.VN - Firms from Austria have maintained a high demand to import key export commodities from Vietnam, including consumer goods, garments and textiles, and coffee, according to a recent teleconference to discuss trade promotion between enterprises from the two nations.