Tag: retail
SHB grabs three Asian Banking and Finance awards in 2021
The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been named winner of the Asian Banking and Finance (ABF) awards for the seventh consecutive years.
Vietnam Post pilots Post Smart automatic delivery cabinet model
The Vietnam Post has piloted the Post Smart automatic delivery cabinet model in 40 post offices in Hanoi and Ho Chi Minh City from July as part of efforts to minimise the risk of COVID-19 spreading.
Petrol prices drop after three consecutive hikes
VOV.VN - Domestic retail prices of petrol endured a slight decrease from 15:00 p.m. on July 27, according to an announcement made by the Ministry of Industry and Trade and the Ministry of Finance.
Domestic trade to make up 15% of GDP by 2030
A strategy for developing domestic trade between 2021 and 2030 has been signed off by Deputy Prime Minister Le Van Thanh, aiming to raise domestic trade’s proportion in the country’s GDP to 15% - 15.5% in the next 10 years.
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Hanoi ensures supply of essential goods amid COVID-19 threat
VOV.VN - Shopping malls, supermarkets, wholesale retailers, and wet markets in the capital have been requested to ensure an adequate supply source of essential goods for residents amid the increasing complex nature of the COVID-19 pandemic.
AEON eyes exporting Vietnamese longan to Asian markets
Japanese-based retail giant AEON is planning to use its commercial network to export Vietnamese longan to neighbouring Asian nations, according to Yuichiro Shiotani, General Director of the AEON TOPVALU Vietnam Co. Ltd.
Australian consumers remain keen on fresh Vietnamese longan
VOV.VN - Several Australian retail firms are actively working alongside Vietnamese businesses to import fresh longan from the Southeast Asian market in order to meet demand among Australian consumers, according to industry insiders.
Vietnam’s retail market: global giants unexpectedly fall short
Vietnamese have turned the tables to become dominant in the retail market, while many foreign giants have had to leave.
Digital transformation facilitates retail growth
According to General Statistic Office, in the first six months of 2021, total retail sales of goods and services went up 4.9% compared to the same period in 2020 to VND2,463.8 trillion (over US$107 billion), of which goods retail revenue hit VND1,985.4 trillion, up 6.2%.
Careful consideration must be given to extending foreign ownership at petrol firms
Deputy Prime Minister Le Van Thanh has asked the Ministry of Industry and Trade to give careful consideration to the proposal of extending the amount of foreign ownership at petrol and oil business to 35%.
