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.
 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.
Da Nang retail market attempting to recover post-pandemic Videos

Da Nang retail market attempting to recover post-pandemic

After a long period of disruption due to COVID-19, the retail market in the central city of Da Nang has begun to recover. Purchasing power in the domestic market remains quite low, however, and many wet markets and shopping centres are deserted still.
Retail sales in Vietnam hit four-year high Business

Retail sales in Vietnam hit four-year high

Retail sales of goods and services in Vietnam reached 4.94 quadrillion VND (214.8 billion USD) in 2019, representing a rise of 11.8 percent over the previous year, according to the General Statistics Office (GSO).
Vinh Phuc enjoys high retail revenue Business

Vinh Phuc enjoys high retail revenue

Thanks to the support from the local administration and the dynamism of local firms, the northern province of Vinh Phuc has enjoyed high revenue from goods and services so far this year.
Domestic retailers turn eyes on rural market Business

Domestic retailers turn eyes on rural market

Facing increasing competition from the arrival of many world leading retailers, domestic retailing companies are turning their eyes to the rural market to capitalise on the advantage of home ground.
Purchasing power soars by 8.5 percent Business

Purchasing power soars by 8.5 percent

The purchasing power in the total national retail value of goods and services until April 2018 reached nearly 1.40 trillion VND (61.4 million USD), the General Statistics Office (GSO) reported.