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Fast-moving consumer goods prices on the rise
The prices of nearly 84% of fast-moving consumer goods rose in the first eight months of this year, according to market research firm Nielsen IQ.
Amazon's outlook disappoints as customer budgets stay tight
Amazon.com Inc on Thursday said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consumers and cloud customers clamping down on spending.
As prices rise, Vietnamese fork out less for pork
Vietnamese families have been consuming less pork in recent months as prices increased, switching to other sources of protein like chicken and eggs.
July 3, 2022 | 06:18 am PT
Britons, shaken by cost-of-living squeeze, cut back on shopping
British consumers cut back on shopping in May in the face of fast-rising inflation, and a measure of their confidence sank to a record low this month, according to data.
June 24, 2022 | 01:30 am PT
US consumers shrug off high inflation, lean on savings to boost spending
U.S. consumer spending rose more than expected in March amid strong demand for services, while monthly inflation surged by the most in 16-1/2 years, giving the Federal Reserve ammunition to hike interest rates by a hefty 50 basis points next week.
April 30, 2022 | 04:36 am PT
Consumers tighten their belts as prices surge
The surging prices of gasoline, food and services have forced consumers to reduce spending as inflation erodes their purchasing power and incomes remain stagnant.
March 24, 2022 | 05:41 pm PT
High costs drive consumer prices up
The prices of many consumer goods, especially food and foodstuffs, have skyrocketed in the first quarter of this year driven by higher input costs and record gasoline prices.
March 16, 2022 | 02:30 am PT
Gasoline pumps crowded as people seek to beat price hike
People are rushing to pumps to buy gasoline since retail prices are expected to be hiked on Friday afternoon.
March 10, 2022 | 09:17 pm PT
Consumers, businesses worn down by record gasoline prices
Gasoline prices surged 30 percent within a year to a record high forcing consumers to tighten their belts, while merchants and companies experienced additional losses.
March 7, 2022 | 08:10 am PT
Vietnamese in US struggle as inflation hits 40-year high
Vietnamese-Americans are buying groceries at cheaper stores and switching to lower-priced phone plans among others as they try to adapt to the spiraling inflation in their country.
March 3, 2022 | 05:17 pm PT
Banks find it difficult to attract deposits on interest rate cuts
The growth in bank deposits in the first eight months of the year was the lowest in five years as interest rates dropped and Covid-19 hit incomes.
October 30, 2020 | 08:37 pm PT
Health worries at 10-year high in Vietnam
46 percent of Vietnamese respondents cited health as a key concern in Q3, the highest in 10 years, according to market researcher Nielsen.
December 18, 2019 | 07:00 pm PT
Excess car demand for Tet holiday drives prices up
The surge in demand for cars before the Lunar New Year means customers have to wait or pay extra to get immediate delivery.
January 25, 2019 | 05:30 pm PT
Vietnamese consumers among the most optimistic in the world
Vietnamese consumer confidence has reached a global high thanks to optimism over jobs and personal finances.
December 17, 2018 | 07:41 pm PT
Chinese Singles’ Day courts Vietnamese consumers
Promoted by Alibaba in China for more than 10 years, Singles’ Day is now courting Vietnam with great fervor.
November 8, 2018 | 11:56 pm PT
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