Local customers turn to mini marts Business

Local customers turn to mini marts

The retail market in Vietnam has recently witnessed a boom in development of mini marts and convenience stores with participation of not only domestic firms but also foreign giants.
New power fees likely next month Business

New power fees likely next month

The new retail electric tariff will be submitted to the Government for consideration in October, said Dinh The Phuc, deputy head of the Electricity Regulatory Authority of Vietnam (ERAV).
 Domestic retail sales increase 10.1 percent Business

Domestic retail sales increase 10.1 percent

Total retail sales of goods and services reached 2,116.67 trillion VND (94 billion USD) for the January-August period, a 10.1 percent increase year-on-year, or 9.1 percent if inflation is excluded.
 US keeps tariff on plastic bags Business

US keeps tariff on plastic bags

The US continues to impose countervailing duty (CVD) as well as old duty rates on polyethylene retail carrier bags (plastic bags) from Vietnam after the first sunset review on the duty in May.
Vietnam’s growth earns kudos in US Business

Vietnam’s growth earns kudos in US

Vietnam continues to grow as a manufacturing hub, climbing to first place on Cushman & Wakefield's 2014 Growth Index, a ranking of the top 15 manufacturing locations by growth in emerging markets.
Retail banking market upbeat Business

Retail banking market upbeat

Vietnam is expected to lure many foreign banks, especially those operating in the retail segment, once the country removes all technical barriers in the banking sector this year.
Business

Vietnam retail petrol prices fall

The retail price of petrol was reduced by 260 VND to 20,120 VND (93 US cents) per litre starting from 3pm of July 20, in the wake of falling global fuel prices, the Ministry of Industry and Trade (MOIT) said.