Vietnam’s economic recovery will be stronger in the second half of 2022, particularly as the country resumed its tourism activities after a two-year closure, according to Standard Chartered’s latest Vietnam report.
VOV.VN - Thai retail conglomerate Central Group is in the process of planning to aggressively expand its efforts in the Vietnamese market in the hope of taping into an expected jump in demand when the COVID-19 pandemic ends, according to Nikkei Asia newspaper.
There is still a lot of room for Vietnamese goods to expand their presence in the European Union (EU) market, but accessing its retail distribution systems is extremely important, heard a seminar in Ho Chi Minh City on August 11.
VOV.VN - Domestic prices of petrol fell by approximately VND1,000 per litre in Vietnam as of 3pm on August 11, according to the latest price adjustment by the Ministry of Industry and Trade and Ministry of Finance.
The Vietnamese economy is likely to grow 10% year on year in the third quarter of this year, driven by strong domestic consumption, according to Michael Kokalari, chief economist at VinaCapital, one of the country’s leading investment management and real estate development companies.
Vietnam’s retail sale of goods and services in July is estimated at VND486 trillion (US$20.8 billion), up 2.4% m-o-m, and 42.6% y-o-y, according to the General Statistics Office (GSO).
The innovative Vietnamese digital bank Cake by VPBank has won the Asian Banking & Finance Awards for the Best Core Banking System Initiative – Vietnam at the ABF Retail Banking Awards 2022.
VOV.VN - Central Retail Group of Thailand officially launched the Tops Market Moonlight supermarket in Ho Chi Minh City on July 28.
VOV.VN - With the COVID-19 pandemic finally being brought under control, the Vietnamese retail market is gathering momentum following the recovery of local consumers’ purchasing power and the plans of businesses to expand operations.
VOV.VN - Fast Retailing Group, the parent company of Japanese global apparel retailer Uniqlo, has unveiled plans to expand its business network, promote domestic production, and train talents in Vietnam, including Hanoi capital.