A seminar on introducing products of innovative start-ups to supermarkets and distribution channels took place in Hanoi on November 18. It was a bid to create a spillover effect contributing to further improving the efficiency of local production and business.
Thanks to an expected upturn in retail demand between now and the end of the year, the total revenue for 2021 is expected to have grown by 3-4 percent, as compared to the previous year.
Retail of goods has seen positive growth in the first ten months of this year, reported the Ministry of Industry and Trade (MoIT)’s Department of Domestic Markets.
Retail petrol prices increased by more than 1,400 VND per litre from 4 pm on October 26 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
Retail petrol prices increased by nearly 1,000 VND per litre from 3pm on October 11 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
The total retail sales of consumer goods and services in September increased 65.5 percent against August as production, business and service activities resumed in some localities after the COVID-19 is put under control.
Authorities, businesses, and retailers in Ho Chi Minh City are promptly making preparations for reopening retail and distribution activities in “green zones” after a period of strict social distancing.
Amid the complex COVID-19 situation, accelerating the disbursement of public investment is one of the focal tasks Hanoi will carry out in the remaining months of 2021 to achieve the best possible economic outcomes.
Total retail sales of goods and services in August slid 10.5 percent month-on-month and 33.7 percent year-on-year as a result of restrictions imposed to contain the ongoing COVID-19 resurgence, data from the General Statistics Office (GSO) shows.
Malaysia's businesses are more pessimistic about their business condition in the third quarter of 2021 due to the severe and prolonged COVID-19 pandemic, reported Xinhua news agency.
Retail petrol prices have reduced sharply from 3pm on August 26 following the latest review by the Ministry of Industry and Trade, and the Ministry of Finance.
While downside risks have heightened, economic fundamentals remain solid in Vietnam, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5-7 percent from 2022 onward, said Rahul Kitchlu, World Bank Acting Country Director for Vietnam.
Thailand’s central bank said on August 19 it plans to test its retail digital currency for the public in the second quarter of 2022 as an alternative payment option.
Though there remains much room for growth, e-commerce still needs joint support from authorities, businesses, and people to develop healthily and sustainably, said a leader of the Vietnam E-Commerce Association (VECOM).
Retail petrol prices remain unchanged in the latest periodic review made by the Ministry of Industry and Trade and the Ministry of Finance on August 11.
The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has been named winner of the Asian Banking and Finance (ABF) awards for the seventh consecutive years.
Total retail sales of goods and services shrank 8.3 percent month-on-month in July to 14.84 billion USD as a result of restrictions induced to stem the ongoing COVID-19 outbreak.
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