Vietnam remains an attractive market for retailers as local consumers remain optimistic about the economic challenges and are driving premium purchases.
The retail gas prices in domestic market decreased on June 1 following the falling prices in world market.
Total revenue from retail sales of consumer goods and services in May was estimated at VND519 trillion (US$22.09 billion), an increase of 1.5% over the previous month and 11.5% year on year thanks to the long holidays in the beginning of the month, according to the General Statistics Office (GSO).
VOV.VN - A survey recently conducted by the Japan External Trade Organisation (JETRO) highlights that 100% of Japanese retailers operating in Vietnam expect their profits to increase over the course of the year, whilst 60% plan to expand their businesses over the coming one or two years.
VOV.VN - Vietnam is rapidly becoming an attractive retail market for companies all over the world, and Israeli businesses are seeking to expand distribution network in the Vietnamese market in the near future.
Consumers and businesses are called on to join authorities to curb counterfeit, fake, and smuggled goods on online shopping platforms, particularly as e-commerce has been thriving strongly in Vietnam.
VOV.VN - The nation’s consumer price index (CPI) during the first five months of the year edged up by 3.55% on-year, while core inflation rose by 4.83%, according to figures given by the General Statistics Office (GSO).
VOV.VN - The retail prices of petrol in Vietnam were slightly increased in the latest joint adjustment on May 22 by the Ministry of Industry and Trade and the Ministry of Finance.
VOV.VN - As many as 33 Vietnamese businesses and a number of the nation’s trade and investment promotion agencies will attend the Asia's largest food and beverage trade exhibition and business matching Thaifex Anuga Asia which is scheduled to run in Thailand from May 23 to 27.
The presence of foreign-invested enterprises in Vietnam's retail sector has increased competition among businesses, jointly regulating supply and demand in the domestic market.