HSBC has forecast two scenarios for Vietnam’s economy until the end of the year, with both of them focused on the re-opening of the economy, albeit in a cautious and systematic way.

Vietnam’s automobile sales have borne the brunt of COVID-19, seeing a record low in August since 2015.

Steel enterprises have boosted exports while facing difficulties in domestic consumption due to the COVID-19 outbreak, according to the Vietnam Steel Association (VSA).

Total retail sales of goods and services in August slid 10.5% month-on-month and 33.7% year-on-year as a result of restrictions imposed to contain the ongoing COVID-19 resurgence, data from the General Statistics Office (GSO) shows.

The capital city of Hanoi has been implementing solutions to open up sales channels as the COVID-19 pandemic has had a negative impact on the production and circulation of goods, in particular 'One Commune, One Product' (OCOP) goods.

Automobile sales in Vietnam plunged in July due to the complications of COVID-19 and social distancing measures being applied in many localities nationwide.

The annual ASEAN Online Sale Day is being held from August 8 to 10, creating an avenue for retailers across various sectors to showcase their offerings and reach out to the larger regional market, China’s Xinhua reported.

VOV.VN - ASEAN Online Sale Day 2021, the biggest online shopping event of all ASEAN consumers, is scheduled to begin at 00.00hrs on August 8 and last through to 24.00hrs on August 24.

A strategy for developing domestic trade between 2021 and 2030 has been signed off by Deputy Prime Minister Le Van Thanh, aiming to raise domestic trade’s proportion in the country’s GDP to 15% - 15.5% in the next 10 years.

Members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold a total of 667,360 motorcycles in the second quarter of 2021, a year-on-year rise of 28.65%.