HCM City ensures supply of essential items during social distancing Society

HCM City ensures supply of essential items during social distancing

Many people in Ho Chi Minh City have been in fear of food shortages over recent days, since COVID-19 triggered the closure of wholesale markets which were linked to a growing number of infections. The city’s Department of Industry and Trade therefore identified a number of solutions to guarantee sufficient supply of essential items for local residents.
Digital transformation facilitates retail growth Business

Digital transformation facilitates retail growth

According to General Statistic Office, in the first six months of 2021, total retail sales of goods and services went up 4.9 percent compared to the same period in 2020 to 2,463.8 trillion VND (over 107 billion USD), of which goods retail revenue hit 1,985.4 trillion VND, up 6.2 percent.
ADB helps boost Vietnam’s private sector development Business

ADB helps boost Vietnam’s private sector development

The Asian Development Bank (ADB) has approved a 4.6 million USD technical assistance to help the Vietnamese Government to strengthen public-private partnership (PPP), private sector development, and state-owned enterprise (SOE) reform.
 Singapore sees surge in May retail revenue World

Singapore sees surge in May retail revenue

Singapore's retail sales surged 79.7 percent year-on-year in May from 54 percent year-on-year increase recorded in April, according to the Department of Statistics (DOS).
Ho Chi Minh City’s retail revenue down in June Business

Ho Chi Minh City’s retail revenue down in June

The total retail sales of goods and consumer services in Ho Chi Minh City in June was estimated at over 81.4 trillion VND (3.53 billion USD), down nearly 8 percent month-on-month and 5.1 percent year-on-year, reported the municipal Statistics Office.
HCM City: IIP advances 5.9 percent in H1 Business

HCM City: IIP advances 5.9 percent in H1

Ho Chi Minh City’s Index of Industrial Production (IIP) advanced 5.9 percent year-on-year in the first half of 2021, though new COVID-19 outbreaks are ravaging the country’s southern economic hub, causing the index to shrink 5.3 percent month-on-month in June.