Leading economic experts forecast an optimistic growth outlook for Vietnam in 2021 despite the COVID-19 pandemic.

The total retail sales and service revenue surged 10.02% year-on-year to VND1.695 quadrillion (over US$73.5 billion) in the first four months of 2021, according to the Ministry of Industry and Trade (MoIT).

Central Retail in Vietnam has launched its GO! Mall & GO! Hypermarket on Viet Bac street in Tan Lap district, Thai Nguyen city, the northern province of the same name.

VOV.VN - The retail prices of petrol and oil continued to witness an increase at 3 p.m. on April 27 due to the latest price review conducted by the Ministry of Industry and Trade and the Ministry of Finance.

VOV.VN - Vietnam’s e-commerce growth rate is predicted to reach an average of 29% annually throughout the 2020 - 2025 period, with the local online market size anticipated to be US$52 billion in 2025.

Vietnam’s healthcare and pharmacy chains are increasingly getting new funds to expand their operations in local market, thereby securing access and availability of medical supplies and drugs for locals. However, concerns over adequate human resources in the sector dampen the bright prospects and could cause supply issues.

Vietnam’s Masan Group has rebranded VinMart and VinMart+ as WinMart and WinMart+ after it acquired the retail brands from Vingroup over a year ago.

Retail University 2021, a series of activities to support small- and medium-sized retailers in promoting online sales, will be organised from April 7-9.

The Thailand-based Central Retail Corporation Public Company Limited (CRC) plans to spend as much as THB35 billion (US$1.1 billion) on expanding its network in Vietnam over the next five years.

The Vietnam E-Commerce Association (VECOM) in partnership with Google and partners announced a series of Retail University activities to promote e-commerce for retailers this year.