Tag: retail
Hanoi's prime retail sector among the fastest-growing in the region
According to a socio-economic report recently published by the General Statistics Office, retail revenue for the first eight months of the year is estimated at nearly VND3.3 quadrillion (US$130.3 billion), a 7.3% increase year-on-year.
UNIQLO unveils opening of first store in Hue
VOV.VN - Japanese global apparel retailer UNIQLO unveiled that it will officially open its first store in the central city of Hue ahead in 2025.
Retail petrol prices fall to below VND20,000 per litre
VOV.VN - The government of Vietnam continued to lower retail petrol prices to below VND20,000 per litre as of 3p.m. on September 12, following a similar fall a week earlier.
Total retail sales up 8.5% in eight months
The total retail sales of goods and services increased by 8.5% to nearly VND4.15 quadrillion (US$169.7 billion) in the January – August period thanks to improving consumption, production and tourism, according to the latest updates of the General Statistics Office (GSO).
Retail petrol prices fall again as of September 5 afternoon
VOV.VN - Retail prices of petrol products kept falling in a new price adjustment cycle, starting 3pm on September 5 by the Ministry of Industry and Trade and the Ministry of Finance, following their fall a week ago.
VNese, Lao central banks discuss cooperation in using local currencies in trade
The State Bank of Vietnam and the Bank of Laos have jointly organised a conference to share experience in promoting the use of respective domestic currencies in bilateral trade and investment cooperation activities to prevent external risks.
Tax authorities to put retailers selling through livestreaming under scrutiny
The General Department of Taxation has asked local tax authorities to review and make lists of retailers selling through livestreaming on platforms such as YouTube, Facebook and Tiktok to carry out risk-based inspections.
VinaCapital upbeat about Vietnam’s stock market
Leading investment fund VinaCapital remains confident in the Vietnamese stock market in the last months of this year despite foreign investors’ heavy net selling.
Some F&B businesses not interested in franchise model
Franchise is becoming a popular business model in the domestic and international food and beverage (F&B) sector.
Difficulties in maintaining domestic consumption this year: surveys
Domestic consumption is likely to lose steam as consumers face uncertainties, along with changes to shopping trends. Meanwhile, businesses have reported it's increasingly difficult to maintain purchasing power and reduce inventory buildup, said industry insiders and economists.
