Most of Hanoi’s condo projects launched in western area: CBRE Business

Most of Hanoi’s condo projects launched in western area: CBRE

Western area was the major supplier of condominium projects in the capital city of Hanoi, accounting for 77 percent of the total new units in the second quarter, said CBRE Vietnam, a provider of commercial real estate services, at a meeting in Hanoi on October 9.
Retail sales up 11.5 percent in January-August Business

Retail sales up 11.5 percent in January-August

Vietnam’s total revenues for retail trade and services reached an estimated 3.21 quadrillion VND (137.4 billion USD) in the first eight months of 2019, up 11.5 percent year on year, the General Statistics Office (GSO) has announced.
HCM City's retail sales remain strong Business

HCM City's retail sales remain strong

Ho Chi Minh City’s retail sales and services grew by 12.2 percent year-on-year in the first half to nearly 600 trillion VND (25.8 billion USD), according to its Department of Industry and Trade.
Rural market offers good opportunities for retail Business

Rural market offers good opportunities for retail

Vietnam’s retail market will continue to grow strongly this year, with lots of opportunities to develop modern retail systems in rural areas, according to Phan Lan Chi, deputy director of supermarket chain Lan Chi Mart.
Power prices should have been increased more: MoIT Business

Power prices should have been increased more: MoIT

Electricity retail prices should have been raised by 9.26 percent instead of 8.36 percent if Vietnam Electricity (EVN) had correctly calculated the 3.26 trillion VND foreign exchange rate difference in 2018 into its power production costs.
FDI businesses focus on Vietnam retail sector Business

FDI businesses focus on Vietnam retail sector

The Ministry of Industry and Trade said only in big retailers such as Big C and Saigon Co.op, the proportion of Vietnamese goods accounts for over 90%, while in other businesses, it accounts for 70%.