Retail companies expect lower profit growth Business

Retail companies expect lower profit growth

Rising inflation will have a negative impact on consumer spending, and the earnings growth of retail businesses may not be as high as previously expected, SSI Securities Inc has forecast.
WinCommerce to open 720 more WinMart, WinMart+ stores Business

WinCommerce to open 720 more WinMart, WinMart+ stores

WinCommerce, the retail arm of Masan Group, which operates WinMart/WinMart+ supermarkets and minimarts, has planned to open over 700 new WinMart+ stores and more than 20 WinMart supermarkets and hypermarkets in the remaining months of 2022.
Technology opening up new investment opportunities: forum Business

Technology opening up new investment opportunities: forum

The development of technology and new segments is creating new investment products, giving Vietnamese investors more choices besides traditional channels such as securities, real estate, gold or currency. However, more challenges are emerging, forcing retail investors to be more professional to avoid risks.
Vietnam’s GDP expands 7.72% in Q2 Business

Vietnam’s GDP expands 7.72% in Q2

Vietnam’s Gross Domestic Product in the second quarter of this year was estimated to increase 7.72% year-on-year, higher than the growth rates in the same quarters during the 2011-2021 period, the General Statistics Office has reported.
Vietnam should be vigilant on inflation risk: WB Business

Vietnam should be vigilant on inflation risk: WB

Vietnamese authorities should be vigilant about inflation risks associated with the continuing rise in the price of fuel and imports, which may dampen the ongoing recovery of domestic demand, according to the World Bank's (WB) monthly report on Vietnam, released on June 13.
HCM City retail sales hit highest level since January 2019 Business

HCM City retail sales hit highest level since January 2019

Ho Chi Minh City’s retail sales of goods topped 57.75 trillion VND (2.49 billion USD) in May, up 3.08 percent against the previous month and 13.8 percent from a year earlier, a report released last week by the city Department of Industry and Trade has said.
Retail sales of goods, services up in May Business

Retail sales of goods, services up in May

Vietnam saw strong growth in its revenue from retail sales of goods and services in May 2022 due to an increase in tourism demand after the pandemic is basically under control and the 31st SEA Games was successfully held in the country in mid-May.
Da Nang ready for Routes Asia 2022 Business

Da Nang ready for Routes Asia 2022

The central city of Da Nang has become ready for the 16th Asian route development forum (Routes Asia 2022), the largest and biggest event to promote and connect flight networks in the Asia-Pacific region.
Thai retail corporation to sell some 1,000 tonnes of lychees Business

Thai retail corporation to sell some 1,000 tonnes of lychees

Thailand's retail corporation Central Retail in Vietnam plans to put on shelves about 1,000 tonnes of lychee this year, with first batches of the fruit from Bac Giang province’s Luc Ngan district transported to its supermarkets after a ceremony on May 25.