The total retail sales and service revenue surged 10.02% year-on-year to VND1.695 quadrillion (over US$73.5 billion) in the first four months of 2021, according to the Ministry of Industry and Trade (MoIT).

The Vietnam Grand Sale 2021 will take place nationwide from July 1 to 31, with discounts of up to 100%, heard a press conference in Hanoi on April 28.

With its high food sales and position as a major transshipment hub that supplies goods to ASEAN countries and China, Vietnam offers attractive prospects for Russian exporters, said Vice Chairwoman of the Russia - Vietnam Friendship Association (RVFA) Regina Budarina at a workshop held in Moscow on April 23.

VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, sold a total 2,330 cars in March, including 1,312 Fadil, 548 Lux A2.0 and 470 Lux SA2.0, the firm announced on April 12.

The import of automobiles increased dramatically in March, according to figures released by the General Department of Customs (GDC).

Retail University 2021, a series of activities to support small- and medium-sized retailers in promoting online sales, will be organised from April 7-9.

Vietnamese enterprises are looking to sell their products online in Singapore where 73% of its population regularly shop online and make cross-border transactions.

A long Lunar New Year holidays, the ending of registration fee cut and impacts from COVID-19 pandemic are major reasons behind a strong fall of automobile sales in February, according to insiders.

Catching up with new retail trends to bring a new shopping experience to customers will help Vietnamese retailers seize the lion’s share of the market, especially after a number of foreign players have shut up their shops, according to insiders.

The COVID-19 pandemic could not prevent locals from buying gold in anticipation of the upcoming God of Wealth Day, especially as gold firms are now taking the sale online.