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.
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).
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.
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.
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.
Leading investment fund VinaCapital remains confident in the Vietnamese stock market in the last months of this year despite foreign investors’ heavy net selling.
Franchise is becoming a popular business model in the domestic and international food and beverage (F&B) sector.
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.
Although inflation has been controlled in accordance with the set target, state management agencies and enterprises have stayed vigilant and prepare price stabilisation measures in the remaining months of the year.
VOV.VN - Vietnam joined China, the Republic of Korea, Thailand, Japan, Turkey, India, France, the Philippines, Russia and several other Central Asia countries to showcase products at Food & Drink Malaysia 2024 held in Kuala Lumpur from July 2-4.