MoIT aims to diversify local retail market Business

MoIT aims to diversify local retail market

The Ministry of Industry and Trade (MoIT) plans to consolidate traditional markets in rural areas while developing a large number of convenience stores and diversifying types and methods of modern business.
Vietnam's beer market slowly recovers Business

Vietnam's beer market slowly recovers

Domestic beer consumption in the second half of the year is expected to improve over the first six months, while next year the beer industry can grow by 20 percent compared to the low base this year.
Baby products take lead in FMCG sector growth Business

Baby products take lead in FMCG sector growth

Products serving babies grew 12 percent in the second quarter of 2018, the highest recorded in fast moving consumer goods (FMCG) categories after months, according to a report of Nielsen, a global measurement and data analytics company.
Experts talk trade in Ho Chi Minh City Business

Experts talk trade in Ho Chi Minh City

Ho Chi Minh City’s Department of Industry and Trade met with more than 50 experts, researchers and business leaders at a meeting on August 3 to discuss solutions to develop the city’s main products in the trading and services sector.
Vietnamese consumers spend less on FMCG Business

Vietnamese consumers spend less on FMCG

Vietnamese customers’ rapidly changing needs and expectations and lower spending on fast moving consumer goods (FMCG) are the biggest challenges to the sector, according to a new report released by consumer and retail research company Kantar Worldpanel.
New ideas crucial for retail success Business

New ideas crucial for retail success

Maximising the shopping experience with the help of digital in-store solutions is key for future success in the consumer goods sector, delegates said at a seminar held in HCM City on June 27.
Report: Positive outlook for FMCG sector Business

Report: Positive outlook for FMCG sector

Fast-moving consumer goods (FMCG) are expected to have another year of strong growth in 2018 and rise 6-7 percent over the preceding year, according to a Kantar Worldpanel report on Vietnam FMCG market.
Supermarkets develop own brands Business

Supermarkets develop own brands

From the many cooking oils on a shelf at Co.opmart Dinh Tien Hoang supermarket, Nguyen Thanh Truc of District 1 has picked 2l bottles of Co.opmart soya cooking oil.
HCM City targets 10 pct growth in retail sales, export revenue Business

HCM City targets 10 pct growth in retail sales, export revenue

The industry and trade sector in HCM City is targeting a growth rate of 8-8.5 percent in the industrial production index (IPI) and 10 percent growth in the total retail sales of goods and services for 2018, according to the HCM City Department of Industry and Trade.
 HCM City seeks to trace pork origins Business

HCM City seeks to trace pork origins

From July 31, only pork with traceable origins is allowed to enter Ho Chi Minh City’s two wholesale markets, but inspections found only around 13 percent of the pork on sale had clear origins.