VOV.VN - Central Retail of Thailand are poised to invest VND20,000 billion in the Vietnamese retail market over the next five years, according to Olivier Langlet, general director of Central Retail Vietnam.

VOV.VN - The Ministry of Finance has submitted a proposal to the Prime Minister in a bid to reduce the excise tax and value added tax, in addition to the environmental protection tax, as it seeks control rising petrol prices.

Ho Chi Minh City’s economy has seen a steady revival and is on course to return to pre-COVID levels, Chairman of the municipal People’s Committee Phan Van Mai said on June 29.

With powerful financial resources, big retailers are organizing retail chains that sell a wide variety of lower priced goods.

Vietnamese commodities have made up 90% of goods sold in retail outlets owned by domestic enterprises and 60-96% of foreign supermarkets in Vietnam, according to the Ministry of Industry and Trade (MoIT), showing that more Vietnamese consumers are choosing Vietnamese goods.

Police have arrested the director of a company in the southern province of Ba Ria - Vung Tau for being involved in a massive fake gasoline ring in the province.

VOV.VN - The retail price of biofuel E5 - RON92 recorded an increase of VND185 to VND31,302, equal to US$1.35, per litre and RON95 rose by VND498 to a new record of VND32,873, equivalent to US$1.42, per litre, respectively, as of 3:00 p.m. June 21.

VOV.VN - The retail prices of oil and petrol recorded another increase as of 15:00 on June 13 following the latest adjustments made by the Ministry of Finance, and the Ministry of Industry and Trade.

VOV.VN - The retail price of petrol RON95 in Vietnam is likely to surpass the VND32,000/litre mark when the government adjusts domestic petrol and oil prices periodically.

The Vietnam e-Commerce and Digital Economy Agency under the Ministry of Industry and Trade and Amazon Global Selling Vietnam on June 8 launched a cross-border e-commerce initiative in the breakthrough era.