The expected dominance of foreign retailers in the Vietnamese market has not occurred. Many foreign giants have left and Vietnamese retailers are controlling the market.
VOV.VN - The retail price of petrol fell by more than VND830 per litre as of 3 p.m. on April 12 following the latest adjustments made by the Ministry of Industry and Trade and the Ministry of Finance.
VOV.VN - The first quarter of the year witnessed the nation’s total revenue from retail sales of goods and services reach US$56.9 billion, a year-on-year rise of 4.4%, according to the General Statistics Office (GSO).
VOV.VN - Cosmetic retail giant Sephora recently confirmed that it has begun operating an e-commerce store specifically for the Vietnamese market following five months of running on a trial basis.
The strong development of the stock market, with rising retail investors and financial investment demand, has prompted many banks to cooperate with securities firms and fund management companies to add more cross-selling products.
VOV.VN - Despite the negative impact of COVID-19, several major retail groups have quietly brought in new international brands to Vietnam this year, with priority being given to large-scale stores situated in prime locations in the centre of Ho Chi Minh City.
The Ministry of Industry and Trade has asked authorities of cities and provinces nationwide to step up checks and monitoring of oil and gas trade as the ongoing ups and downs of the global fuel market are having major impacts on the domestic supply and prices.
Retail giants have begun to ramp up investments in the pharmaceutical market, fueling the race for market dominance.
VOV.VN - Retail petrol prices climbed to reach a new peak as of 3 p.m. on March 1 following the Ministry of Industry and Trade and the Ministry of Finance adjusting prices upwards for the sixth time in a row.
More people worldwide are becoming aware of Vietnam’s economic growth story and eagerly seeking ways to engage in it, noted CEO of the VinaCapital Fund Management JSC (VinaCapital) Brook Taylor in a recent press release.