The domestic market remained stable in May with total revenue from goods retail sales and services exceeding 354 trillion VND (15.6 billion USD), up 1.5 percent against the previous month and 10.4 percent year-on-year.
Vietnam has shipped footwear products to nearly 100 countries worldwide, with 72 of them buying at least USD 1 million of the products, reported the Vietnam Leather and Footwear Association (LEFASO).
The food court model, popular in Singapore, Hong Kong and Thailand, is thriving in Vietnam. While many food service chains huddle together in central business districts and pay high retail rent, some new food service models are moving to the suburbs.
Vietnam’s export turnover is likely to hit 195 billion USD this year, up 10-11 percent compared with 2016 and 6-7 percent higher than the target set by the Prime Minister, according to the Ministry of Industry and Trade (MoIT)’s Export-Import Department.
Thailand became the leading supplier of fruit for Vietnam with US$376 million, making up more than half of Vietnam’s market share of fruit imports of US$507 million during the first half of this year, according to the Ministry of Agriculture and Rural Development.
China remains a traditional and important market for Vietnamese lychees, according to the Bac Giang provincial Department of Industry and Trade.
Though demand for low-cost cars in Vietnam is high, low-cost car manufacturers have failed to enter the market.
Vietnam is among the top three most expensive countries to sip a Starbucks, compared to the U.S. coffeehouse chain’s home country, a survey finds.
Viet Nam imported nearly 4,800 Indian cars in the first quarter of this year, increasing more than threefold compared with the same period last year, according to the Vietnam Customs.
The rolling out of 4G services is the starting pistol for a competition made afresh amongst telecommunications companies in Vietnam. While most major service providers, with the exception of FPT, have started pilot programmes, VinaPhone’s business strategy is markedly different from its competition.
Vietnamese manufacturers are trying to display their products at foreign-invested supermarket chains, which have become familiar shopping destinations for urbanites. But it has not been an easy task.
Vietnam is about to overtake Brazil as the world's largest coffee exporter, according to Agrimoney.com
The Consumer Price Index (CPI) in September increased 0.54% from the previous month and rose 2.07% over a year earlier, reported the General Statistics Office (GSO).
The Gioi Di Dong has had to close 22 stores at Big C shopping malls following the supermarket chain's recent acquisition by a Thai firm.
The price of RON 92 petrol and bio-fuel E5 slid 665 VND and 604 VND per litre, respectively, from 3:00 pm on July 20th, according to the Ministry of Trade and the Ministry of Finance.
An international fair specializing on shrimp technology (VietShrimp) will be held from June 24th to 26th in Bac Lieu province.
The Ministry of Industry and Trade has directed the Bac Giang provincial People’s Committee to organize a meeting on June 17th to promote litchi consumption in Ho Chi Minh city, said Deputy Minister Do Thang Hai.