Sales of household appliances soar during promotion month

Retailers in Ho Chi Minh City have reported rising purchasing power for household appliances during the “National Sales Promotion Month 2020” from July 1 to 31.
Sales of household appliances soar during promotion month ảnh 1At a supermarket in Ho Chi Minh City (Photo: Internet) 
HCM City (VNS/VNA) - Retailersin Ho Chi Minh Cityhave reported rising purchasing power for household appliances during the“National Sales Promotion Month 2020” from July 1 to 31.

Inthe past weeks, Cho Lon Household Appliance Supermarket in HCMCity’s District 5 has welcomed a large number of visitors attractedby 50 percent-discounted items. 

Thesupermarket has also given vouchers worth 3 million VND each to clients buying a certainnumber of goods. The past week, 40 washing machines sold at a 42 percentdiscount, said a sales manager at the supermarket.

Amanager at the Green Household Appliance shop on Au Co Street in Tan Binh District said that shop ownershave offered discounts of 5 percent to 40 percent for their goods.

Thien Hoa Appliance on Nguyen Van Linh Street in District 7 haslaunched big discounts on the weekends, with discounts on someproducts up to 80 percent.

Meanwhile,The Gioi Di Dong shops have offered discounts up to 49 percent,especially for watches, TVs and household appliances.

Accordingto HCM City retailers, the purchasing power for home appliances hasrisen significantly compared to previous months.

Nguyen Tran Thao Nguyen, CEO of Thien Hoa Home Appliances Centre, said the NationalSales Promotion Month launched by HCM City and the Ministry of Trade andIndustry attracted double the number of buyers at household applianceshops and markets compared to previous months.

Dang Thanh Phong, manager for The Gioi Di Dong, said purchasing power had risenfrom 20 percent to 30 percent, especially for handphones, which rose over50 percent./.
VNA

See more

Growing demand for financing for infrastructure and green transition projects is driving Vietnam’s search for new sources of capital. In the photo: A section of Noi Bai – Lao Cai Expressway. (Photo: VNA)

Vietnam seeks to unlock capital for infrastructure, green transition

As Vietnam advances its sustainable growth agenda and commitment to achieving net-zero emissions by 2050, the need for long-term capital is rising rapidly. Experts say meeting these financing requirements will depend not only on expanding available resources but also on broadening funding sources and improving project financing models.

Private technology enterprises are increasingly viewed as a driving force at the heart of the innovation ecosystem. (Photo: VNA)

Vietnam pushes to develop world-class technology startups

Vietnam’s startup ecosystem now comprises roughly 4,000 startups, 208 investment funds, 84 incubators and more than 20 startup support centres. With an estimated valuation of 75 billion USD, the ecosystem has established most of the key foundations needed for long-term growth.

Officials of the Vietnamese Ministry of Finance and the Japan International Cooperation Agency (JICA) at the meeting in Hanoi (Photo: Ministry of Finance)

Finance Ministry, JICA to hasten major joint projects

JICA President Tanaka Akihiko said he is pleased to return to Vietnam and see landmark projects of bilateral ties now operational and delivering clear benefits to the public, including Nhat Tan Bridge and Ho Chi Minh City’s metro line No. 1.

Customers conduct transactions at an Agribank office in Hung Yen province. (Photo: VNA)

Outstanding green credit reaches 828 trillion VND

To date, loans subject to environmental and social risk assessments have exceeded 5.1 quadrillion VND (some 193.6 billion USD), representing an almost 25-fold increase compared with the end of 2017 and accounting for 27.7% of total outstanding credit in the economy.

Metfone Express's fleet at the launch ceremony. (Photo: VNA)

Vietnamese firm expands into logistics sector in Cambodia

Cambodian Minister of Post and Telecommunications Chea Vandeth praised Metfone’s contributions to socio-economic development, job creation, technology transfer and bilateral connectivity. He described the launch of Metfone Express as evidence of the long-term commitment and innovative spirit of Viettel.

Vietnamese products at the fair (Photo: VNA)

Vietnamese food products gain prominence at RoK's leading food fair

Vietnamese exhibitors are showcasing a wide range of products, including processed foods, tropical fruit products, functional foods, spices and beverages. Major exporters such as Vinamilk, WestFood, TSFood, Nafoods Group, Bich Chi Food and DH Foods are among the participants.

At the Vietnam–Canada Business Forum 2026 (Photo: VNA)

Green transition creates fresh opportunities for Vietnam–Canada partnership

Rahul Malhotra, owner of RM Venturex, said the forum provided businesses with valuable insights into opportunities for deeper Vietnam–Canada cooperation. He noted that support from diplomatic channels and the engagement of both public and private sectors are helping create favourable conditions for stronger economic ties among Canada, Vietnam and ASEAN.