The revenue of products sold through online business-to-consumer (B2C) retail model is forecast to surge in the coming time and reach VND650 trillion (US$26.31 billion) in 2024, according to the E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT).
The Vietnamese steel giant Hoa Phat Group is off to a strong start in 2024 for its steel pipe segment, securing substantial export orders from the US, Australia, and Canada, notably, the first shipment to a major retail chain with over 1,200 stores across Japan.
VOV.VN - Central Pattana, a member of Thailand's leading multi-industry corporation Central Group, has officially established a new subsidiary in Vietnam to take advantage of business opportunities in the local market.
As there are only few days left before the Lunar New Year (Tet) holidays, purchasing power is rising sharply and retailers are ready to serve.
Total retail sales of goods and revenue from consumer services in January were estimated at VND524.1 trillion (US$21.47 billion), up 8.1% year-on-year, as consumers have been on the mood to shop for the upcoming Tet (Lunar New Year) Festival, according to the General Statistics Office (GSO).
The real estate markets in Vietnam’s two largest cities, Hanoi and Ho Chi Minh City, indicated signs of recovery amid protracted woes in the final months of last year, according to a Savills report.
Purchasing power for the traditional Lunar New Year (Tet holiday) will increase 10% from the same time last year, according to the Ministry of Industry and Trade.
VOV.VN - Singapore-based United Overseas Bank (UOB) has decided to inject an additional VND3 billion into its affiliate bank in Vietnam (UOB Vietnam), raising its affiliate’s charter capital to VND8 trillion.
VOV.VN - Minister of Industry and Trade Nguyen Hong Dien held a meeting with a number of large French businesses, including Europe's largest retail group Carrefour on the sidelines of a forum on trade and investment between France and Southeast Asia which recently took place in Paris.
VOV.VN - The retail prices of E5 RON 92 petrol increased, while those of RON 95-III dropped, as of 3 p.m. on November 30 following the latest changes made by the Ministry of Industry and Trade, and the Ministry of Finance.